Weichert Real Estate vs Franchise Realty Franchise Comparison

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

Start-Up Costs and Fees

 
Weichert Real Estate Franchise
Franchise Realty Franchise
Investment $62,500 - $324,700N/A
Franchise Fee $25,000N/A
Royalty Fee 6%-
Advertising Fee 2%-
Year Founded 19691988
Year Franchised 20001988
Term Of Agreement 7 years-
Term Of Agreement 7 years-
Renewal Fee $1K-


Business Experience Requirements

 
Weichert Real Estate Franchise
Franchise Realty Franchise
Experience --

Financing Options

 
Weichert Real Estate Franchise
Franchise Realty 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
Franchise Realty Franchise
Training Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) -
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
Franchise Realty Franchise
US Expansion Yes-
Canada Expansion No-
International Expansion No-

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 Franchise Realty

 Franchise Realty, Inc. has been a leading expert in successfully matching available commercial real estate sites with clients seeking locations that serve to enhance and promote their businesses. Whether it be on a corporate level, or for an individual venture, Franchise Realty has always prided itself on providing unsurpassed individualized attention that inevitably promotes effective, satisfactory solutions for all parties involved. Our extensive market knowledge, our proprietary databases, our industry alliances, and our insight and intelligence, all serve to foster effective solutions for those engaging our services. Our expertise and vast experience in the franchise industry has contributed to making us the leading specialist in real estate site selection for franchisees. Our experience ranges from working with individual franchisees to working with franchises on a corporate level. We are aware of not only the specific requirements of each franchise, but are experts in guiding our clients to the most profitable locations available. We have successfully acted in the role of not only real estate brokers but have also played the role of area developers for several national franchises. Our additional experience as business brokers procuring sales of pre-existing franchise operations has enabled us to have insight into all the intricacies involved in the franchise industry.

Franchise Realty is a one-of-a-kind commercial real estate broker with a special focus on serving franchised businesses. With decades of industry experience in the franchise sector, we handle every aspect of site selection and lease negotiation in an effort to ensure the success of your business.

When you work with us, you have the confidence of knowing that your company's best interests are our top priority. Working with brokers and landlords throughout the nation, we have the contacts, experience and resources necessary to assist you in selecting the perfect location for your business. Our years of experience has enabled us to cultivate relationships with most of the landlords and to become aware of sites before the general market adding to our extensive propriety database of locations.