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Below is an in-depth analysis and side-by-side comparison of State Wide Real Estate vs Tucker Associates including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $10,000 - $50,000 | $125,000 - $250,000 |
| Franchise Fee | $5,000 | N/A |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | - |
| Year Founded | 1944 | 1918 |
| Year Franchised | 1979 | 1989 |
| Term Of Agreement | 5 years | 6 Years+5 |
| Term Of Agreement | 5 years | 6 Years+5 |
| 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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | Indianapolis, IN 2 Weeks |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet | Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings: At Additional Cost 800 Telephone Hotline |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
| Operations |
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) | Average Number of Employees: 1-2 Full-time, 3 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
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