State Wide Real Estate vs LakePlace.com Realty Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of State Wide Real Estate vs LakePlace.com Realty including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
State Wide Real Estate Franchise
LakePlace.com Realty Franchise
Investment $10,000 - $50,000$16,000 - $114,900
Franchise Fee $5,000$10,000
Royalty Fee 5%10%
Advertising Fee --
Year Founded 19442015
Year Franchised 19792015
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements

 
State Wide Real Estate Franchise
LakePlace.com Realty Franchise
Experience
  • Industry experience
  • -

    Financing Options

     
    State Wide Real Estate Franchise
    LakePlace.com Realty Franchise
      In-House/3rd PartyIn-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

     
    State Wide Real Estate Franchise
    LakePlace.com Realty Franchise
    Training --
    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

     
    State Wide Real Estate Franchise
    LakePlace.com Realty Franchise
    US Expansion YesYes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About State Wide Real Estate

    Do You...

    State Wide Real Estate is looking for franchisees in Michigan.

    About LakePlace.com Realty

    "LakePlacecom

    LakePlace.com® real estate brokerage businesses are full-service real estate brokerages that specialize in brokering the purchase,rental and sale of lake or other water-related properties through the LakePlace.com® web site.

    The total investment necessary to convert an existing real estate brokerage business to a LakePlace.com®Business is from $16,000 to $33,000.

    The total investment necessary to begin operation of a new LakePlace.com® Business is from $50,800 to $114,500.