Start-Up Costs and Fees |
||
| Nextage Metropolitan Realty | Weichert Real Estate | |
| Investment | 10000 - 999999 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | |
| Advertising Fee | 2% | |
| Year Founded | 0 | 1969 |
| Year Franchised | 0 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nextage Metropolitan Realty | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| Nextage Metropolitan Realty | Weichert Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Nextage Metropolitan Realty | 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 |
||
| Nextage Metropolitan Realty | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | |
| Franchise Fee | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | |
| Royalty Fee | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | 2% |
| Year Founded | |
| Nextage Metropolitan Realty | 0 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| Nextage Metropolitan Realty | 0 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | |
| Start-up Costs | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | |
| Equipment | |
| Nextage Metropolitan Realty} | |
| Weichert Real Estate | |
| Inventory | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | |
| Receivables | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | |
| Payroll | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| Nextage Metropolitan Realty | |
| 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 | |
| Nextage Metropolitan Realty | |
| 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 | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | |
| International Expansion | |
| Nextage Metropolitan Realty | |
| Weichert Real Estate | |