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Real estate
The investment required to open a 1st Class Real Estate Franchise is between $14,420-$209,475. There is an initial franchise fee of $5,000-$25,000 which grants you the license to run a business under the 1st Class Real Estate name.
Expense | In-House | Third Party |
---|---|---|
Franchise Fee | Yes | N/A |
Startup Costs | Yes | N/A |
Equipment | N/A | Yes |
Inventory | N/A | Yes |
Accounts Receivable | N/A | Yes |
Payroll | N/A | Yes |
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
Number of Employees Required to Run: 3
To calculate how much income a franchise owner can do at 1st Class Real Estate Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for 1st Class Real Estate and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a 1st Class Real Estate franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
831 Seahawk Circle
Virginia Beach,
VA
23452