Weichert Real Estate vs Lime Licensing Group Franchise Comparison

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

Start-Up Costs and Fees

 
Weichert Real Estate Franchise
Lime Licensing Group Franchise
Investment $62,500 - $324,700$500 - And Up
Franchise Fee $25,000N/A
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 19692006
Year Franchised 20002006
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1K-


Business Experience Requirements

 
Weichert Real Estate Franchise
Lime Licensing Group Franchise
Experience --

Financing Options

 
Weichert Real Estate Franchise
Lime Licensing Group Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Weichert Real Estate Franchise
Lime Licensing Group Franchise
Training Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) Extensive initial and ongoing support system
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform-
Marketing Co-op Advertising National Media Regional Advertising Social media Email marketing-
Operations 10% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 5

Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

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Expansion Plans

 
Weichert Real Estate Franchise
Lime Licensing Group Franchise
US Expansion YesYes
Canada Expansion NoYes
International Expansion NoYes

Company Overviews

About Weichert Real Estate

Weichert, Realtors opened in 1969 with a single office. Jim Weichert opened his first real estate office in Chatham, New Jersey,  He began franchising in 2000, and today the company is based in Morris Plains, New.Jersey. Franchisees help customers buy and sell both residential and commercial real estate, and streamline the delivery of mortgages and home and title insurance.

"Entrepreneur

#285 in Franchise 500 for 2020.
#337 in Franchise 500 for 2021.


About Lime Licensing Group

Are you looking to franchise a business? Or get advice on brand licensing? We are a highly experienced team of franchise consultants and brand licensing experts with offices covering  the UK and Ireland.
Lime Licensing Group is a very well established UK based franchise consultancy firm that provides strategic advice and practical assistance to start up and established franchisors who wish to expand their brands throughout the UK and Ireland