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Updated RecentlyNational Restaurant Properties vs 1st Class Real Estate Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of National Restaurant Properties vs 1st Class Real Estate including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $39,450 - $105,700 | $14,420 - $209,475 |
| Franchise Fee | $35,000 | $5,000 - $25,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1968 | 2012 |
| Year Franchised | 1990 | 2018 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | 20% of current franchise 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/- |
| Start-up Costs | -/- | Yes/- |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/Yes |
| Payroll | -/- | -/Yes |
Training & Support |
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| Training | 2 weeks | 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 |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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.
About 1st Class Real Estate
!["1st]("https://fddexchange.com/wp-content/uploads/2020/07/1st-Class-Real-Estate.jpg")
1st Class Real Estate is a full-service real estate company that desires to help YOU grow your business! Like everyone else we offer competitive splits & support; however, it is our culture that sets us apart from the rest! We’ve made it possible for you to grow your business with a team of individuals without breaking the bank!
The total investment necessary to begin operation of a 1st Class Real
Estate Full-Service Model is $55,870- $209,475.
This includes $25,950
that must be paid to the franchisor or affiliate.
The total investment necessary to begin operation of a 1st Class Real Estate Incubation Model is $14,420-$71,795.
The total investment necessary to begin operation of a 1st Class Real Estate Incubation Model is $14,420-$71,795.
This includes $5,950 that
must be paid to the franchisor or affiliate.
Seeking new franchise units in the following regions/states: Alaska, Alabama, Arkansas, Arizona, California, Colorado,
Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa,
Idaho, Illinois, Kansas, Kentucky, Louisiana, Massachusetts, Maine,
Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New
Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon,
Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Vermont,
Wisconsin, West Virginia and Wyoming