| ||||
Updated RecentlyRenters Warehouse vs The Dry Boys Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Renters Warehouse vs The Dry Boys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $14,819 - $50,405 | $74,000 - $116,000 |
| Franchise Fee | $1,000 - $10,000 | $30,000 |
| Royalty Fee | 4.5% | 7% |
| Advertising Fee | - | 2% |
| Year Founded | 2007 | - |
| Year Franchised | 2011 | - |
| Term Of Agreement | 7 years | 10 Years |
| Term Of Agreement | 7 years | 10 Years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| 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. | Business Experience: NO experience necessary. You will be trained to be a water restoration professional. All you need to be, is a person with manners and willing to work! |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | Yes/- |
| Inventory | -/- | Yes/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | Available at headquarters: 5 days. At franchisee's location: 2 days. | raining Business development program Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Marketing Co-op advertising, Ad slicks, National media, Regional advertising |
| 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 |
||
| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Renters Warehouse
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.
About The Dry Boys
Nothing in the world spreads as rapidly and forcefully as water damage, and the destruction of water floods can instantly bring mayhem to your property, penetrating to areas you didn’t even notice at first glance. If water damage is not treated in a timely fashion, your walls will absorb moisture, mildew, mold, rust, odor and create havoc to your walls, floors, furniture in your home.
Picking the right Water Restoration professional can be the difference between a clean and safe house.