|
Below is an in-depth analysis and side-by-side comparison of Better Homes Realty vs Franchise Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $61,500 | N/A |
Franchise Fee | $9,950 | N/A |
Royalty Fee | Varies | - |
Advertising Fee | - | - |
Year Founded | 1964 | 1988 |
Year Franchised | 1975 | 1988 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
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 |
||
Training | Available at headquarters, Available at franchisee's location | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
10% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
In 1964 a group of independent real estate brokerage offices in the Walnut Creek, California, area came together to do business as Better Homes Realty. The company began adding offices throughout Contra Costa County, California, and in 1975 Better Homes Realty obtained a franchise license to expand the concept in California. The company has been franchising nationally since 1981.
Franchise Realty is a one-of-a-kind commercial real estate broker with a special focus on serving franchised businesses. With decades of industry experience in the franchise sector, we handle every aspect of site selection and lease negotiation in an effort to ensure the success of your business.
When you work with us, you have the confidence of knowing that your company's best interests are our top priority. Working with brokers and landlords throughout the nation, we have the contacts, experience and resources necessary to assist you in selecting the perfect location for your business. Our years of experience has enabled us to cultivate relationships with most of the landlords and to become aware of sites before the general market adding to our extensive propriety database of locations.