ERA Franchise Systems LLC vs Tucker Associates Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of ERA Franchise Systems LLC vs Tucker Associates including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
ERA Franchise Systems LLC Franchise
Tucker Associates Franchise
Investment $27,350 - $432,550$125,000 - $250,000
Franchise Fee $25,000N/A
Royalty Fee 6% of gross revenue6%
Advertising Fee 2% ($362.00 minimum/$1,259 maximum for Main Office and $362.00 minimum/$895.00 maximum for Branch)-
Year Founded 19711918
Year Franchised 19721989
Term Of Agreement 10 years6 Years+5
Term Of Agreement 10 years6 Years+5
Renewal Fee --


Business Experience Requirements
 
ERA Franchise Systems LLC Franchise
Tucker Associates Franchise
Experience
  • Industry experience
  • General business experience
    		• -

    Financing Options
     
    ERA Franchise Systems LLC Franchise
    Tucker Associates Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees Yes/No-/-
    Start-up Costs Yes/No-/-
    Equipment No/No-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    ERA Franchise Systems LLC Franchise
    Tucker Associates Franchise
    Training -Indianapolis, IN 2 Weeks
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluationsCentral Purchasing

    Field Operation Evaluation

    Field Training

    Initial Store Opening

    Franchisee Newsletter

    Regional or National Meetings: At Additional Cost

    800 Telephone Hotline
    Marketing Ad slicks, National media, Regional advertising-
    Operations International franchisees required to buy multiple units/master licenses

    Absentee ownership of franchise is NOT allowed.

    		Average Number of Employees: 1-2 Full-time, 3 Part-time

    Passive Ownership: Allowed, But Discouraged

    Expansion Plans
     
    ERA Franchise Systems LLC Franchise
    Tucker Associates Franchise
    US Expansion -Yes
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About ERA Franchise Systems LLC

    Since its founding in 1971, ERA has helped homebuyers, sellers and renters with all their real estate needs. In addition to listing homes and providing other brokerage services, the company provides such special services as utility transfer, connection and disconnection.

    About Tucker Associates

    Real estate franchisor for the State of Indiana, offering marketing, recruiting, training and relocation leads for franchisees. Number one company in Indiana and named # 10 brand name of independently owned companies.
    With over 1,500 agents statewide and over $3.2 billion in sales, Tucker Associates is the largest independent real estate firm in Indiana and is ranked among the largest independent real estate firms in the nation.