Start-Up Costs and Fees |
||
| Commission Express | Renters Warehouse | |
| Investment | 112800 - 301500 | 14819 - 50405 |
| Franchise Fee | ||
| Royalty Fee | Varies | 4.50% |
| Advertising Fee | ||
| Year Founded | 1992 | 2007 |
| Year Franchised | 1996 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Commission Express | Renters Warehouse | |
| Experience | General business experience | Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual. |
Financing Options |
||
| Commission Express | Renters Warehouse | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Commission Express | Renters Warehouse | |
| Training | Available at headquarters: 5 days. At franchisee's location: 2 days. | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising, 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) | |
Expansion Plans |
||
| Commission Express | Renters Warehouse | |
| 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 | |
| Renters Warehouse | |
| Franchise Fee | |
| Commission Express | |
| Renters Warehouse | |
| Royalty Fee | |
| Commission Express | Varies |
| Renters Warehouse | 4.50% |
| Advertising Fee | |
| Commission Express | |
| Renters Warehouse | |
| Year Founded | |
| Commission Express | 1992 |
| Renters Warehouse | 2007 |
| Year Franchised | |
| Commission Express | 1996 |
| Renters Warehouse | 2011 |
| Term Of Agreement | |
| Commission Express | 10 years |
| Renters Warehouse | 7 years |
| Renewal Fee | |
| Commission Express | |
| Renters Warehouse | |
Business Experience Requirements |
|
| Experience | |
| Commission Express | General business experience |
| Renters Warehouse | Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual. |
Financing Options |
|
| Franchise Fees | |
| Commission Express | No |
| Renters Warehouse | No |
| Start-up Costs | |
| Commission Express | |
| Renters Warehouse | |
| Equipment | |
| Commission Express} | |
| Renters Warehouse | |
| Inventory | |
| Commission Express | |
| Renters Warehouse | |
| Receivables | |
| Commission Express | |
| Renters Warehouse | |
| Payroll | |
| Commission Express | |
| Renters Warehouse | |
Training & Support |
|
| Training | |
| Commission Express | |
| Renters Warehouse | Available at headquarters: 5 days. At franchisee's location: 2 days. |
| Support | |
| Commission Express | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Renters Warehouse | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
| Marketing | |
| Commission Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| Renters Warehouse | Co-op advertising, National media, Regional advertising, |
| 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) |
| Renters Warehouse | |
Expansion Plans |
|
| US Expansion | |
| Commission Express | |
| Renters Warehouse | 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 |
| Renters Warehouse | |
| International Expansion | |
| Commission Express | |
| Renters Warehouse | |