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Updated RecentlyNational Restaurant Properties vs Corcoran Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of National Restaurant Properties vs Corcoran including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $39,450 - $105,700 | $52,850 - $520,500 |
| Franchise Fee | $35,000 | $35,000 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 0.5%-1% |
| Year Founded | 1968 | 2015 |
| Year Franchised | 1990 | 2019 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | 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 | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | 2 weeks | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
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.
About Corcoran
!["Corcoran]("https://fddexchange.com/wp-content/uploads/2019/12/Corcoran-300x76.jpg")
Since 1973, the agents of Corcoran have been earning and keeping our clients’ trust with an unwavering commitment to integrity and service. In every market we serve, Corcoran is a family of world-class professionals, combining real estate expertise with unrivaled market knowledge and neighborhood fluency.
The total investment necessary to begin operation of a Corcoran®
franchise is approximately $52,850 to $333,200 for a conversion real
estate office, and $134,350 to $520,500 for a start-up real estate
office. This includes $5,000 to $35,000 that must be paid to the
franchisor or an affiliate as an initial franchise fee. The initial
franchise fee for a residential conversion or start-up franchise is
$35,000 for the Main Office and $10,000 for each additional Branch
Office.