Next Generation Realty vs National Restaurant Properties Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Next Generation Realty vs National Restaurant Properties including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Next Generation Realty Franchise
National Restaurant Properties Franchise
Investment $30,000 - $397,800$39,450 - $105,700
Franchise Fee $19,900 - $267,700$35,000
Royalty Fee 4.5%6%
Advertising Fee 3%2%
Year Founded 19941968
Year Franchised 19941990
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee -20% of current franchise fee


Business Experience Requirements

 
Next Generation Realty Franchise
National Restaurant Properties Franchise
Experience --

Financing Options

 
Next Generation Realty Franchise
National Restaurant Properties Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Next Generation Realty Franchise
National Restaurant Properties Franchise
Training -2 weeks
Support --
Marketing --
Operations --

Expansion Plans

 
Next Generation Realty Franchise
National Restaurant Properties Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

About Next Generation Realty

Next Generation Realty was founded in 1994 by Tom Franklin and Rob Doheny. Our philosophy is based on quality service at an affordable price. We believe that all real estate can be sold, and that by being our partner, it can be sold for one low flat fee. It was this belief that lead us to develop an alternative program that partners us with the seller in the marketing of their home. Our company operates around 3 Basic Principles:

 One Low Fee, on any priced home, paid at closing with no upfront fees. Our program presented in writing with guaranteed advertising. You can cancel at any time with no cost, no hassle.

Since our clients show their own home, our agents list and sell more homes!

About National Restaurant Properties

Like many American businesses, National Restaurant Properties was born out of necessity. Founder, Bob Dowdy loved creating and growing innovative, fresh business concepts from a very young age. A successful pattern quickly developed where Bob would create, build, sell and start again with each restaurant property he ran. Eventually, there was a light-bulb moment where he realized he enjoyed selling the restaurants more than owning them. After a short time finagling his way into the world of business brokerage, National Restaurant Properties came to fruition.
National Restaurant Properties is America's largest Restaurant brokerage franchise. Our founder has been brokering restaurants since 1968. We offer a proven franchise concept. The system has grown to over 13 locations throughout the Southeast United States. We offer:
*Low entry fee
*Niche market
*Protected territories
*In home or virtual office start up
*Comprehensive training
*Ongoing support
*Demographic package information
*National marketing
*Proprietary website
Our franchise locations work best in positive growth demographic areas.