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Updated RecentlyERA Franchise Systems LLC vs Exit Realty Florida Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs Exit Realty Florida 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 | $61,000 - $210,000 |
| Franchise Fee | $25,000 | $25,000 |
| Royalty Fee | 6% of gross revenue | $295/mo. |
| 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 | 5 years |
| Term Of Agreement | 10 years | 5 years |
| Renewal Fee | - | $2,500 |
Business Experience Requirements |
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| Experience | Determined by applicants credit, financial position and experience owning and or operations of a business. |
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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 | - | 1 week training at Exit International offices located in Toronto Canada * Monthly training programs delivered electronically and by internationally renowned speakers. |
| 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 | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About ERA Franchise Systems LLC
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.
About Exit Realty Florida
Exit Realty Florida is a U.S Regional franchise territory. The Exit Realty Business model has its unique business model that allows the agents to earn additional income from recruiting agents into any office across the country.