Start-Up Costs and Fees |
||
| MARS Real Estate | Weichert Real Estate | |
| Investment | 250000 - 550000 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 2004 | 1969 |
| Year Franchised | 2006 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| MARS Real Estate | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| MARS Real Estate | Weichert Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| MARS 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 |
||
| MARS 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 | |
| MARS Real Estate | |
| Weichert Real Estate | |
| Franchise Fee | |
| MARS Real Estate | |
| Weichert Real Estate | |
| Royalty Fee | |
| MARS Real Estate | |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| MARS Real Estate | |
| Weichert Real Estate | 2% |
| Year Founded | |
| MARS Real Estate | 2004 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| MARS Real Estate | 2006 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| MARS Real Estate | |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| MARS Real Estate | |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| MARS Real Estate | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| MARS Real Estate | |
| Weichert Real Estate | |
| Start-up Costs | |
| MARS Real Estate | |
| Weichert Real Estate | |
| Equipment | |
| MARS Real Estate} | |
| Weichert Real Estate | |
| Inventory | |
| MARS Real Estate | |
| Weichert Real Estate | |
| Receivables | |
| MARS Real Estate | |
| Weichert Real Estate | |
| Payroll | |
| MARS Real Estate | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| MARS Real Estate | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| MARS Real Estate | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| MARS Real Estate | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| MARS 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 | |
| MARS 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 | |
| MARS Real Estate | 0 |
| Weichert Real Estate | |
| International Expansion | |
| MARS Real Estate | |
| Weichert Real Estate | |