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Below is an in-depth analysis and side-by-side comparison of Coldwell Banker 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 | $23,500 - $70,100 | $61,000 - $210,000 |
Franchise Fee | $13,000 - $25,000 | $25,000 |
Royalty Fee | 6% | $295/mo. |
Advertising Fee | 2% | - |
Year Founded | 1906 | - |
Year Franchised | 1982 | - |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 years |
Renewal Fee | Varies | $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/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | Ongoing training at other locations & via the Internet | 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, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations |
27% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.