Commission Express vs Franchise Realty Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Commission Express vs Franchise Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$112,800 - $301,500 | N/A |
Franchise Fee |
$15,000 - $60,000 | N/A |
Royalty Fee |
Varies | - |
Advertising Fee |
- | - |
Year Founded |
1992 | 1988 |
Year Franchised |
1996 | 1988 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
General business experience | - |
Financing Options |
|
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 |
Training |
- | - |
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 |
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 Franchise Realty
Franchise Realty, Inc. has been a leading expert in successfully matching available commercial real estate sites with clients seeking locations that serve to enhance and promote their businesses. Whether it be on a corporate level, or for an individual venture, Franchise Realty has always prided itself on providing unsurpassed individualized attention that inevitably promotes effective, satisfactory solutions for all parties involved. Our extensive market knowledge, our proprietary databases, our industry alliances, and our insight and intelligence, all serve to foster effective solutions for those engaging our services.
Our expertise and vast experience in the franchise industry has contributed to making us the leading specialist in real estate site selection for franchisees. Our experience ranges from working with individual franchisees to working with franchises on a corporate level. We are aware of not only the specific requirements of each franchise, but are experts in guiding our clients to the most profitable locations available. We have successfully acted in the role of not only real estate brokers but have also played the role of area developers for several national franchises. Our additional experience as business brokers procuring sales of pre-existing franchise operations has enabled us to have insight into all the intricacies involved in the franchise industry.
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.