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Below is an in-depth analysis and side-by-side comparison of Why USA vs State Wide Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $17,000 - $103,400 | $10,000 - $50,000 |
| Franchise Fee | N/A | $5,000 |
| Royalty Fee | Varies | 5% |
| Advertising Fee | - | - |
| Year Founded | 1988 | 1944 |
| Year Franchised | 1989 | 1979 |
| Term Of Agreement | 3 years | 5 years |
| Term Of Agreement | 3 years | 5 years |
| Renewal 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 | Yes/No | Yes/No |
| Start-up Costs | No/No | No/No |
| Equipment | No/No | No/No |
| Inventory | No/No | No/No |
| Receivables | No/No | No/No |
| Payroll | No/No | No/No |
Training & Support |
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| Training | 2 conferences per year, monthly tele-conferences | - |
| Support | Meetings, Internet, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet |
| Marketing | Co-op advertising, Ad slicks | Co-op advertising, Ad slicks, Regional advertising |
| Operations |
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) |
3% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 10
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | No | No |
Why USA was founded in 1988 and began franchising in 1989. The company utilizes a flat-fee commission system as well as its own sales program. It now has locations throughout the United States and is based in Cedar Rapids, Iowa.
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