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Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs Sandals 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 | $27,350 - $432,550 | $92,650 - $183,450 |
Franchise Fee | $25,000 | $30,000 |
Royalty Fee | 6% of gross revenue | 7% |
Advertising Fee | 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch) | - |
Year Founded | 1971 | - |
Year Franchised | 1972 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | The key to maintaining the success of Sandals Realty is in selecting the right people to join our team as franchise owners. A real estate broker with great people skills, sales and recruiting experience, as well as impeccable character and a sincere drive to succeed is considered an ideal candidate. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | Yes/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | - |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations |
International franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is NOT allowed. | The franchisee's full participation is essential to overall success. We strongly recommend supervision, full and exclusive time in daily office operations as this is considered vital in building the franchise. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
Since its founding in 1971, ERA has helped homebuyers, sellers and renters with all their real estate needs. In addition to listing homes and providing other brokerage services, the company provides such special services as utility transfer, connection and disconnection.
Our concept was created with the specific intent to advance the business of real estate beyond outdated competitor models that were designed and implemented decades ago. Our system is a stroke of genius that offers the most modern concepts available to brokers and agents across the country, and an once-in-a-lifetime opportunity to break through obsolete ideas and practices, and embrace this new and exciting environment teeming with opportunities and synergies. Call us at 888-699-SAND (7263) or email [email protected]