Weichert Real Estate vs The Dry Boys Franchise Comparison

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

Start-Up Costs and Fees

 
Weichert Real Estate Franchise
The Dry Boys Franchise
Investment $62,500 - $324,700$74,000 - $116,000
Franchise Fee $25,000$30,000
Royalty Fee 6%7%
Advertising Fee 2%2%
Year Founded 1969-
Year Franchised 2000-
Term Of Agreement 7 years10 Years
Term Of Agreement 7 years10 Years
Renewal Fee $1K-


Business Experience Requirements

 
Weichert Real Estate Franchise
The Dry Boys Franchise
Experience -Business Experience: NO experience necessary. You will be trained to be a water restoration professional. All you need to be, is a person with manners and willing to work!

Financing Options

 
Weichert Real Estate Franchise
The Dry Boys Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/NoYes/-
Inventory No/NoYes/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Weichert Real Estate Franchise
The Dry Boys Franchise
Training Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) raining Business development program Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Marketing Co-op advertising, Ad slicks, National media, Regional advertising
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
The Dry Boys 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 The Dry Boys

Mention the words "Water damage” to any home owner across the USA, and watch their reaction, there are no two words in the English dictionary that gets a home owner’s attention more than these two words. When water penetrates your home, minutes seem like hours and one immediate action is critical as the damages can be quite destructive within seconds.
Nothing in the world spreads as rapidly and forcefully as water damage, and the destruction of water floods can instantly bring mayhem to your property, penetrating to areas you didn’t even notice at first glance. If water damage is not treated in a timely fashion, your walls will absorb moisture, mildew, mold, rust, odor and create havoc to your walls, floors, furniture in your home.
Picking the right Water Restoration professional can be the difference between a clean and safe house.
The Dry Boys professionals have decades of experience, advanced equipment, and the necessary measures to restore your house to a clean and healthy home.