|
Below is an in-depth analysis and side-by-side comparison of Coldwell Banker vs Sandals Realty including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $23,500 - $70,100 | $92,650 - $183,450 |
Franchise Fee | $13,000 - $25,000 | $30,000 |
Royalty Fee | 6% | 7% |
Advertising Fee | 2% | - |
Year Founded | 1906 | - |
Year Franchised | 1982 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | Varies | - |
Business Experience Requirements |
||
Experience | The key to maintaining the success of Sandals Realty is in selecting the right people to join our team as franchise owners. A real estate broker with great people skills, sales and recruiting experience, as well as impeccable character and a sincere drive to succeed is considered an ideal candidate. | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/Yes | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/Yes | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Ongoing training at other locations & via the Internet | - |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing | Ad slicks, National media, Regional advertising | - |
Operations |
27% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. | The franchisee's full participation is essential to overall success. We strongly recommend supervision, full and exclusive time in daily office operations as this is considered vital in building the franchise. |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | Yes | - |
Our concept was created with the specific intent to advance the business of real estate beyond outdated competitor models that were designed and implemented decades ago. Our system is a stroke of genius that offers the most modern concepts available to brokers and agents across the country, and an once-in-a-lifetime opportunity to break through obsolete ideas and practices, and embrace this new and exciting environment teeming with opportunities and synergies. Call us at 888-699-SAND (7263) or email [email protected]