Gemma Business Brokers vs CoHatch Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Gemma Business Brokers vs CoHatch including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$79,225 - $119,225 | $138,850 - $916,500 |
Franchise Fee |
$37,000 | $39,000 |
Royalty Fee |
8% Annual min. $10,000 | - |
Advertising Fee |
2% | - |
Year Founded |
1998 | 2017 |
Year Franchised |
2009 | 2017 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
The Gemma CRM platform helps you:
o Manage accounts and contacts, giving you a complete customer picture at a glance
o Track sales opportunity-related data including milestones, decision makers, customer communications, and key documentation throughout Gemma's standardized sales process.
o Provide Analytics: Get the real-time status of your business at a glance with key reports on value of your pipeline and revenue forecasts
o Develop Email Marketing Tools: tools and templates are provided to help build, manage, and track email blasts as well as individual email communications to help generate new leads | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | - |
Company Overviews
About Gemma Business Brokers
Operate your own business but have full access to shared learning and experience. You work for yourself but not by yourself.
Select your own place of work - home office, downtown location, shared office, virtual office
Pay royalties only when deals are closed. Our royalty system is based entirely on deal flow - there is no set monthly fee, any royalty is paid only when deals are closed. This arrangement underscores our commitment to our franchisees' success and our determination to ensure existing branch offices are successful before awarding new locations. Have access to state-of-the art proprietary software packages.
Have the benefit of ongoing training and education on marketing, administration and operations, including training on the Gemma approach to business valuation and pricing; deal negotiations and marketing your clients' opportunities.
You also have ongoing career development opportunities through an exclusive arrangement for access to online executive education from Cornell University's Johnson Graduate School of Business (hyperlink).
Enjoy marketing assistance - plans and advertising templates to help you keep your company visible in your marketplace.
With a Gemma Business Broker Franchise, you choose where you want to
work. Some franchisees choose a home office, others share a rented
space.
Our proprietary back office system allows you to stay connected with
the company, as well as with your growing list of clients and prospects.
A custom CRM (customer relationship management) tool provides the
services you need.
- Contact management
- Sales tracking, including documentation
- Data Analysis so you can see where your business is and where it should be
- E-mail marketing tools
It’s never been more affordable to develop a successful business
brokerage. With the knowledge and systems from an experienced leader, Gemma Business Brokers, is behind you and with you all the way.
About CoHatch
COhatch is a co-working, meeting, and lifestyle company with a mission
to Strengthen Communities and Improve Lives. We are built around the
way you live, rather than having to build your life around work. We're
located in the very communities from which our members reside (and you
can use them all!). Come to COhatch and discover your vocational
purpose - where your personal happiness and your community's needs meet.
The total investment necessary to begin operation of a COhatch
Franchised Business is $138,850 to $845,500. This includes $39,000 that
must be paid to the franchisor and its affiliate(s).
The total investment necessary to begin operation of a COhatch Area
Developer Franchise is $212,850 to $916,500. This includes between
$35,000 and $110,000 that must be paid to the franchisor and its
affiliates.