|
Below is an in-depth analysis and side-by-side comparison of World Properties Int'l. vs 1st Class Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $19,000 - $65,900 | $14,420 - $209,475 |
Franchise Fee | $599 - $50,000 | $5,000 - $25,000 |
Royalty Fee | $130/month | - |
Advertising Fee | - | - |
Year Founded | 2005 | 2012 |
Year Franchised | 2005 | 2018 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
Renewal Fee | $500 | - |
Business Experience Requirements |
||
Experience | - | - |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | Yes/- |
Start-up Costs | No/No | Yes/- |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/Yes |
Payroll | No/No | -/Yes |
Training & Support |
||
Training | - | Classroom Training: 16 hours Additional Training: Virtual training |
Support | - | Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Number of Employees Required to Run: 3 |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |