ERA Franchise Systems LLC vs SVN Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs SVN including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
ERA Franchise Systems LLC Franchise
SVN Franchise
Investment $27,350 - $432,550$23,160 - $121,350
Franchise Fee $25,000$22,500 - $27,500
Royalty Fee 6% of gross revenue5%
Advertising Fee 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch)-
Year Founded 19712001
Year Franchised 19722002
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee --


Business Experience Requirements
 
ERA Franchise Systems LLC Franchise
SVN Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    ERA Franchise Systems LLC Franchise
    SVN Franchise
      In-House/3rd PartyIn-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
     
    ERA Franchise Systems LLC Franchise
    SVN Franchise
    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
     
    ERA Franchise Systems LLC Franchise
    SVN Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion NoYes

    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 SVN

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    SVN International Corp. (SVNIC), a full-service commercial real estate franchisor of the SVN® brand, is comprised of over 1,600 commercial real estate Advisors and staff, in more offices in the United States than any other commercial real estate firm and continues to expand across the globe. Geographical coverage and amplified outreach to traditional, cross-market and emerging buyers and tenants is the only way to achieve maximum value for our clients. This is why we proactively promote properties and share fees with the entire industry. This is our unique Shared Value Network® and just one of the many ways that SVN Advisors create amazing value with our clients, colleagues and communities. In the crowded commercial real estate field,
    SVN Advisors stand apart. The SVN Difference directly relates to SVN's Core Covenants which emphasize accountability, transparency, fairness and collaboration. Through specialty Product Councils and other international programs, SVN Advisors can tap into national expertise in areas such as sales, leasing, tenant representation, corporate real estate, asset management, property management accelerated marketing, asset recovery and auction services. As the SVN Advisor base expands, SVNIC continues to invest in an innovative infrastructure that provides access to market information, client management and marketing tools and systems through a revolutionary cloud-based enterprise system.


    The total investment necessary to begin operation of a new SVN Franchised Business is between $25,160 and $121,350. This amount includes an Initial Franchise Fee of $22,500 for the Team Program or $27,500 for the Established Program that must be paid to the Franchisor or its affiliates.
    The total investment necessary to begin operation of a conversion SVN Franchised Business is between $23,160 and $84,150. This includes an Initial Franchise Fee that must be paid to SVNIC of $22,500 for the Team Program or $27,500 for the Established Program that must be paid to the Franchisor or its affiliates.
    A conversion SVN Franchised Business is an existing commercial real estate services business that converts to an SVN Franchise and operates under the Marks and System established by SVNIC.