Start-Up Costs and Fees |
||
| Elliott & Company Appraisers | Red Carpet Real Estate | |
| Investment | 3700 - 18900 | 36000 - 36000 |
| Franchise Fee | 0 | |
| Royalty Fee | 8-18% | 5% |
| Advertising Fee | 0.50% | |
| Year Founded | 1980 | 1966 |
| Year Franchised | 1993 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Elliott & Company Appraisers | Red Carpet Real Estate | |
| Experience | ||
Financing Options |
||
| Elliott & Company Appraisers | Red Carpet Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Elliott & Company Appraisers | Red Carpet Real Estate | |
| Training | State required continuing education every year | Meetings Quarterly |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 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 |
||
| Elliott & Company Appraisers | Red Carpet Real Estate | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Elliott & Company Appraisers | |
| Red Carpet Real Estate | |
| Franchise Fee | |
| Elliott & Company Appraisers | |
| Red Carpet Real Estate | |
| Royalty Fee | |
| Elliott & Company Appraisers | 8-18% |
| Red Carpet Real Estate | 5% |
| Advertising Fee | |
| Elliott & Company Appraisers | |
| Red Carpet Real Estate | 0.50% |
| Year Founded | |
| Elliott & Company Appraisers | 1980 |
| Red Carpet Real Estate | 1966 |
| Year Franchised | |
| Elliott & Company Appraisers | 1993 |
| Red Carpet Real Estate | 1970 |
| Term Of Agreement | |
| Elliott & Company Appraisers | 5 years |
| Red Carpet Real Estate | 5 years +7or10 |
| Renewal Fee | |
| Elliott & Company Appraisers | $500 |
| Red Carpet Real Estate | |
Business Experience Requirements |
|
| Experience | |
| Elliott & Company Appraisers | |
| Red Carpet Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Elliott & Company Appraisers | No |
| Red Carpet Real Estate | No |
| Start-up Costs | |
| Elliott & Company Appraisers | |
| Red Carpet Real Estate | |
| Equipment | |
| Elliott & Company Appraisers} | |
| Red Carpet Real Estate | |
| Inventory | |
| Elliott & Company Appraisers | |
| Red Carpet Real Estate | |
| Receivables | |
| Elliott & Company Appraisers | |
| Red Carpet Real Estate | |
| Payroll | |
| Elliott & Company Appraisers | |
| Red Carpet Real Estate | |
Training & Support |
|
| Training | |
| Elliott & Company Appraisers | State required continuing education every year |
| Red Carpet Real Estate | Meetings Quarterly |
| Support | |
| Elliott & Company Appraisers | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | |
| Elliott & Company Appraisers | Co-op advertising, Ad slicks, National media, Regional advertising |
| Red Carpet Real Estate | |
| Operations | |
| Elliott & Company Appraisers | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 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 | |
| Elliott & Company Appraisers | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| 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 | |
| Elliott & Company Appraisers | |
| Red Carpet Real Estate | |
| International Expansion | |
| Elliott & Company Appraisers | |
| Red Carpet Real Estate | |