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Updated RecentlyKeller Williams Realty vs National Restaurant Properties Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Keller Williams Realty 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 | $183,447 - $336,495 | $39,450 - $105,700 |
| Franchise Fee | $35,000 | $35,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 1,000/year | 2% |
| Year Founded | 1983 | 1968 |
| Year Franchised | 1987 | 1990 |
| Term Of Agreement | 5 years | 20 years |
| Term Of Agreement | 5 years | 20 years |
| Renewal Fee | $2.5K | 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 | No/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 | Ongoing country-wide | 2 weeks |
| Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | - |
| Marketing | Regional advertising | - |
| Operations |
30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 4
Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Keller Williams Realty
As two young real estate agents working for what was then the largest real estate company in Austin, Texas, Gary Keller and Joe Williams believed that a company should work for its employees rather than the other way around. So the two men joined forces to found Keller Williams Realty in 1983. Four years later the partners began franchising. With offices throughout the country, Keller Williams encourages agents to recruit others into the company through profit-sharing.
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#47 in Franchise 500 for 2020.
#107 in Franchise 500 for 2021.
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.