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Below is an in-depth analysis and side-by-side comparison of Why USA vs Advance Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $17,000 - $103,400 | $55,600 - $129,000 |
Franchise Fee | N/A | $17,500 |
Royalty Fee | Varies | 1.75% |
Advertising Fee | - | - |
Year Founded | 1988 | 2001 |
Year Franchised | 1989 | 2005 |
Term Of Agreement | 3 years | 5 years |
Term Of Agreement | 3 years | 5 years |
Renewal Fee | - | $1,750 |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | 2 conferences per year, monthly tele-conferences | - |
Support | Meetings, Internet, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
Why USA was founded in 1988 and began franchising in 1989. The company utilizes a flat-fee commission system as well as its own sales program. It now has locations throughout the United States and is based in Cedar Rapids, Iowa.