Start-Up Costs and Fees |
||
| NextHome | Elliott & Company Appraisers | |
| Investment | 14750 - 213100 | 3700 - 18900 |
| Franchise Fee | 0 | |
| Royalty Fee | $180-$190/mo. | 8-18% |
| Advertising Fee | $75-85/transaction | |
| Year Founded | 2014 | 1980 |
| Year Franchised | 2014 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| NextHome | Elliott & Company Appraisers | |
| Experience | ||
Financing Options |
||
| NextHome | Elliott & Company Appraisers | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| NextHome | Elliott & Company Appraisers | |
| Training | Classroom Training: 28 hours | State required continuing education every year |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Ad Templates National Media Social media SEO Website development Email marketing | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | Number of Employees Required to Run: 1 | 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) |
Expansion Plans |
||
| NextHome | Elliott & Company Appraisers | |
| 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 | 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, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| NextHome | |
| Elliott & Company Appraisers | |
| Franchise Fee | |
| NextHome | |
| Elliott & Company Appraisers | |
| Royalty Fee | |
| NextHome | $180-$190/mo. |
| Elliott & Company Appraisers | 8-18% |
| Advertising Fee | |
| NextHome | $75-85/transaction |
| Elliott & Company Appraisers | |
| Year Founded | |
| NextHome | 2014 |
| Elliott & Company Appraisers | 1980 |
| Year Franchised | |
| NextHome | 2014 |
| Elliott & Company Appraisers | 1993 |
| Term Of Agreement | |
| NextHome | |
| Elliott & Company Appraisers | 5 years |
| Renewal Fee | |
| NextHome | |
| Elliott & Company Appraisers | $500 |
Business Experience Requirements |
|
| Experience | |
| NextHome | |
| Elliott & Company Appraisers | |
Financing Options |
|
| Franchise Fees | |
| NextHome | |
| Elliott & Company Appraisers | |
| Start-up Costs | |
| NextHome | |
| Elliott & Company Appraisers | |
| Equipment | |
| NextHome} | |
| Elliott & Company Appraisers | |
| Inventory | |
| NextHome | |
| Elliott & Company Appraisers | |
| Receivables | |
| NextHome | |
| Elliott & Company Appraisers | |
| Payroll | |
| NextHome | |
| Elliott & Company Appraisers | |
Training & Support |
|
| Training | |
| NextHome | Classroom Training: 28 hours |
| Elliott & Company Appraisers | State required continuing education every year |
| Support | |
| NextHome | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Elliott & Company Appraisers | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| Elliott & Company Appraisers | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| NextHome | Number of Employees Required to Run: 1 |
| 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) |
Expansion Plans |
|
| US Expansion | |
| NextHome | 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 |
| 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, |
| Canada Expansion | |
| NextHome | |
| Elliott & Company Appraisers | |
| International Expansion | |
| NextHome | |
| Elliott & Company Appraisers | |