Why USA vs Benham Real Estate Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Why USA vs Benham Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Why USA Franchise
Benham Real Estate Franchise
Investment $17,000 - $103,400$11,800
Franchise Fee N/A$6,500
Royalty Fee Varies$195/transaction
Advertising Fee --
Year Founded 19882004
Year Franchised 19892007
Term Of Agreement 3 years10 years
Term Of Agreement 3 years10 years
Renewal Fee -$2500


Business Experience Requirements
 
Why USA Franchise
Benham Real Estate Franchise
Experience --

Financing Options
 
Why USA Franchise
Benham Real Estate Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Why USA Franchise
Benham Real Estate Franchise
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)

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Expansion Plans
 
Why USA Franchise
Benham Real Estate Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

Company Overviews

About Why USA

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.

About Benham Real Estate

The BenhamREO Group was founded in 2003 to meet the demanding needs of today’s rapidly expanding, fast-paced REO Industry. Leaders in REO property disposition, management, preservation & sales, the BenhamREO Group provides asset management companies and banks an outsourcing opportunity to liquidate their foreclosed properties on the retail market.