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Updated RecentlyState Wide Real Estate vs National Restaurant Properties Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of State Wide Real Estate vs National Restaurant Properties including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $10,000 - $50,000 | $39,450 - $105,700 |
| Franchise Fee | $5,000 | $35,000 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 1944 | 1968 |
| Year Franchised | 1979 | 1990 |
| Term Of Agreement | 5 years | 20 years |
| Term Of Agreement | 5 years | 20 years |
| Renewal Fee | - | 20% of current franchise 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 | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | 2 weeks |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet | - |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 10
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About State Wide Real Estate
Do You...
- Want to make more money?
- Have professional problem solvers to call?
- Want to be a part of a large MICHIGAN network?
- Use a State-of-the-Art web site for your listings?
- Get actual response from the internet?
- Get outside training for your agent?
- Want to be a part of a franchise that has been in Michigan since 1945?
About National Restaurant Properties
Like many American businesses, National
Restaurant Properties was born out of necessity. Founder, Bob Dowdy
loved creating and growing innovative, fresh business concepts from a
very young age. A successful pattern quickly developed where Bob would
create, build, sell and start again with each restaurant property he
ran. Eventually, there was a light-bulb moment where he
realized he enjoyed selling the restaurants more than owning them. After
a short time finagling his way into the world of business brokerage, National Restaurant Properties came to fruition.
National Restaurant Properties is America's largest Restaurant brokerage franchise. Our founder has been brokering restaurants since 1968. We offer a proven franchise concept. The system has grown to over 13 locations throughout the Southeast United States. We offer:
*Low entry fee
*Niche market
*Protected territories
*In home or virtual office start up
*Comprehensive training
*Ongoing support
*Demographic package information
*National marketing
*Proprietary website
Our franchise locations work best in positive growth demographic areas.