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Below is an in-depth analysis and side-by-side comparison of Avalar Real Estate & Mortgage Network vs Coldwell Banker including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $31,000 - $315,500 | $23,500 - $70,100 |
Franchise Fee | $4,400 - $12,500 | $13,000 - $25,000 |
Royalty Fee | 5% | 6% |
Advertising Fee | - | 2% |
Year Founded | 1999 | 1906 |
Year Franchised | 1999 | 1982 |
Term Of Agreement | 5 years | 10 years |
Term Of Agreement | 5 years | 10 years |
Renewal Fee | - | Varies |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | Yes/Yes |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/Yes |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | Ongoing training at other locations & via the Internet |
Support | Newsletter, Meetings, Grand opening, Internet, Purchasing cooperatives | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations |
Marketing | - | Ad slicks, National media, Regional advertising |
Operations |
10% of all franchisees own more than one unit
100% of current franchisees are owner/operators |
27% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | Yes |