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Below is an in-depth analysis and side-by-side comparison of Renters Warehouse vs Franchise Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $14,819 - $50,405 | N/A |
Franchise Fee | $1,000 - $10,000 | N/A |
Royalty Fee | 4.5% | - |
Advertising Fee | - | - |
Year Founded | 2007 | 1988 |
Year Franchised | 2011 | 1988 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual. | - |
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 | Available at headquarters: 5 days. At franchisee's location: 2 days. | - |
Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation | - |
Marketing | Co-op advertising, National media, Regional advertising, | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | - | - |
International Expansion | - | - |
The Renter's Warehouse franchise offers a complete business model based on technology, operating systems, marketing programs and proven property management business tools.Renters Warehouse was named the largest and fastest growing property management company in Minnesota by Inc. Magazine. In addition to Minnesota, they are ranked #3 in the nation. Renters Warehouse is also considered the largest Minneapolis Property Manager. Renters Warehouse was featured #132 in the Inc. 500 for fastest growing privately held companies in America!
Renters Warehouse is America’s full-service property management and investment services company for Single-Family Rental homes.
We believe our clients deserve a partner to help them execute on their real estate investment strategy with ease. Our real estate investment marketplace services and hassle-free property management will help you to take the next steps to financial freedom.
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.