Commission Express vs National Restaurant Properties Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Commission Express vs National Restaurant Properties including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Commission Express Franchise
National Restaurant Properties Franchise
Investment $112,800 - $301,500$39,450 - $105,700
Franchise Fee $15,000 - $60,000$35,000
Royalty Fee Varies6%
Advertising Fee -2%
Year Founded 19921968
Year Franchised 19961990
Term Of Agreement 10 years20 years
Term Of Agreement 10 years20 years
Renewal Fee -20% of current franchise fee


Business Experience Requirements

 
Commission Express Franchise
National Restaurant Properties Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Commission Express Franchise
    National Restaurant Properties Franchise
      In-House/3rd PartyIn-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

     
    Commission Express Franchise
    National Restaurant Properties Franchise
    Training -2 weeks
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 1

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    -

    Expansion Plans

     
    Commission Express Franchise
    National Restaurant Properties Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion Yes-

    Company Overviews

    About Commission Express

    John L Stedman and Joseph M. Giovannelli founded Commission Express, based in Fairfax, Virginia, in 1992. With most real estate transactions, an agent waits between 30 and 90 days to receive his or her commission. In the meantime, the agent still has to cover the costs of running an office and paying employees.
    Commission Express franchisees essentially offer agents cash advances by purchasing an agent's outstanding commissions at a discount. When the home purchase is completed and the commission is received, Commission Express withholds between 8 and 14 percent in fees. Franchisees provide their own capital to purchase the commissions.

    The total investment necessary to begin operation of a Commission Express franchised business with a protected development territory ranges from $172,300 to $301,500. This includes $10,000 (for a small territory), $25,000 (for a medium territory) or $50,000 (for a large territory) that must be paid to the franchisor.
    The total investment necessary to begin operation of a Commission Express franchised business with an open market development territory ranges from $112,800 to $192,500. This includes $25,000 that must be paid to the franchisor.



    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.