Start-Up Costs and Fees |
||
| Commission Express | Red Carpet Real Estate | |
| Investment | 112800 - 301500 | 36000 - 36000 |
| Franchise Fee | ||
| Royalty Fee | Varies | 5% |
| Advertising Fee | 0.50% | |
| Year Founded | 1992 | 1966 |
| Year Franchised | 1996 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Commission Express | Red Carpet Real Estate | |
| Experience | General business experience | |
Financing Options |
||
| Commission Express | Red Carpet Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Commission Express | Red Carpet Real Estate | |
| Training | Meetings Quarterly | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| Commission Express | Red Carpet Real Estate | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Commission Express | |
| Red Carpet Real Estate | |
| Franchise Fee | |
| Commission Express | |
| Red Carpet Real Estate | |
| Royalty Fee | |
| Commission Express | Varies |
| Red Carpet Real Estate | 5% |
| Advertising Fee | |
| Commission Express | |
| Red Carpet Real Estate | 0.50% |
| Year Founded | |
| Commission Express | 1992 |
| Red Carpet Real Estate | 1966 |
| Year Franchised | |
| Commission Express | 1996 |
| Red Carpet Real Estate | 1970 |
| Term Of Agreement | |
| Commission Express | 10 years |
| Red Carpet Real Estate | 5 years +7or10 |
| Renewal Fee | |
| Commission Express | |
| Red Carpet Real Estate | |
Business Experience Requirements |
|
| Experience | |
| Commission Express | General business experience |
| Red Carpet Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Commission Express | No |
| Red Carpet Real Estate | No |
| Start-up Costs | |
| Commission Express | |
| Red Carpet Real Estate | |
| Equipment | |
| Commission Express} | |
| Red Carpet Real Estate | |
| Inventory | |
| Commission Express | |
| Red Carpet Real Estate | |
| Receivables | |
| Commission Express | |
| Red Carpet Real Estate | |
| Payroll | |
| Commission Express | |
| Red Carpet Real Estate | |
Training & Support |
|
| Training | |
| Commission Express | |
| Red Carpet Real Estate | Meetings Quarterly |
| Support | |
| Commission Express | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | |
| Commission Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| Red Carpet Real Estate | |
| Operations | |
| Commission Express | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| Red Carpet Real Estate | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| Commission Express | |
| Red Carpet Real Estate | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Commission Express | 0 |
| Red Carpet Real Estate | |
| International Expansion | |
| Commission Express | |
| Red Carpet Real Estate | |