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Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs Franchise 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 | N/A |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 6% of gross revenue | - |
Advertising Fee | 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch) | - |
Year Founded | 1971 | 1988 |
Year Franchised | 1972 | 1988 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
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. | - |
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.
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.