Start-Up Costs and Fees |
||
| Global Choice Real Estate | Weichert Real Estate | |
| Investment | 39900 - 188000 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | Flat fee of $795 per month | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2004 | 1969 |
| Year Franchised | 2005 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Global Choice Real Estate | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| Global Choice Real Estate | Weichert Real Estate | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Global Choice Real Estate | Weichert Real Estate | |
| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media Email marketing | |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Global Choice Real Estate | Weichert 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 | |
| Global Choice Real Estate | |
| Weichert Real Estate | |
| Franchise Fee | |
| Global Choice Real Estate | |
| Weichert Real Estate | |
| Royalty Fee | |
| Global Choice Real Estate | Flat fee of $795 per month |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| Global Choice Real Estate | |
| Weichert Real Estate | 2% |
| Year Founded | |
| Global Choice Real Estate | 2004 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| Global Choice Real Estate | 2005 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| Global Choice Real Estate | 5 years |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| Global Choice Real Estate | 25% 0f then current fran. fee |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| Global Choice Real Estate | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Global Choice Real Estate | No |
| Weichert Real Estate | No |
| Start-up Costs | |
| Global Choice Real Estate | |
| Weichert Real Estate | |
| Equipment | |
| Global Choice Real Estate} | |
| Weichert Real Estate | |
| Inventory | |
| Global Choice Real Estate | |
| Weichert Real Estate | |
| Receivables | |
| Global Choice Real Estate | |
| Weichert Real Estate | |
| Payroll | |
| Global Choice Real Estate | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| Global Choice Real Estate | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| Global Choice Real Estate | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Global Choice Real Estate | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| Global Choice Real Estate | |
| Weichert Real Estate | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Global Choice Real Estate | |
| Weichert 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 | |
| Global Choice Real Estate | 0 |
| Weichert Real Estate | |
| International Expansion | |
| Global Choice Real Estate | |
| Weichert Real Estate | |