Start-Up Costs and Fees |
||
| Majestic Residences | BrightStar | |
| Investment | 108090 - 860400 | 101656 - 169414 |
| Franchise Fee | ||
| Royalty Fee | 6% | 5.25% |
| Advertising Fee | 3% | |
| Year Founded | 2020 | 2002 |
| Year Franchised | 2020 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Majestic Residences | BrightStar | |
| Experience | ||
Financing Options |
||
| Majestic Residences | BrightStar | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Majestic Residences | BrightStar | |
| Training | Classroom Training: 100+ hours Additional Training: Online training | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | |
| Operations | Number of Employees Required to Run: 4 - 10 | |
Expansion Plans |
||
| Majestic Residences | BrightStar | |
| 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 | |
| Majestic Residences | |
| BrightStar | |
| Franchise Fee | |
| Majestic Residences | |
| BrightStar | |
| Royalty Fee | |
| Majestic Residences | 6% |
| BrightStar | 5.25% |
| Advertising Fee | |
| Majestic Residences | |
| BrightStar | 3% |
| Year Founded | |
| Majestic Residences | 2020 |
| BrightStar | 2002 |
| Year Franchised | |
| Majestic Residences | 2020 |
| BrightStar | 2005 |
| Term Of Agreement | |
| Majestic Residences | |
| BrightStar | |
| Renewal Fee | |
| Majestic Residences | |
| BrightStar | |
Business Experience Requirements |
|
| Experience | |
| Majestic Residences | |
| BrightStar | |
Financing Options |
|
| Franchise Fees | |
| Majestic Residences | |
| BrightStar | |
| Start-up Costs | |
| Majestic Residences | |
| BrightStar | |
| Equipment | |
| Majestic Residences} | |
| BrightStar | |
| Inventory | |
| Majestic Residences | |
| BrightStar | |
| Receivables | |
| Majestic Residences | |
| BrightStar | |
| Payroll | |
| Majestic Residences | |
| BrightStar | |
Training & Support |
|
| Training | |
| Majestic Residences | |
| BrightStar | Classroom Training: 100+ hours Additional Training: Online training |
| Support | |
| Majestic Residences | |
| BrightStar | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Majestic Residences | |
| BrightStar | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | |
| Majestic Residences | |
| BrightStar | Number of Employees Required to Run: 4 - 10 |
Expansion Plans |
|
| US Expansion | |
| Majestic Residences | 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 |
| BrightStar | |
| Canada Expansion | |
| Majestic Residences | |
| BrightStar | 0 |
| International Expansion | |
| Majestic Residences | |
| BrightStar | |