Start-Up Costs and Fees |
||
| Red Carpet Real Estate | 1st Class Real Estate | |
| Investment | 36000 - 36000 | 14420 - 209475 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 0.50% | |
| Year Founded | 1966 | 2012 |
| Year Franchised | 1970 | 2018 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Carpet Real Estate | 1st Class Real Estate | |
| Experience | ||
Financing Options |
||
| Red Carpet Real Estate | 1st Class Real Estate | |
| Franchise Fees | Yes | |
| Start-up Costs | Yes | |
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Red Carpet Real Estate | 1st Class Real Estate | |
| Training | Meetings Quarterly | Classroom Training: 16 hours Additional Training: Virtual training |
| Support | Field Training Franchisee Newsletter Regional or National Meetings | Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged | Number of Employees Required to Run: 3 |
Expansion Plans |
||
| Red Carpet Real Estate | 1st Class 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 | |
| Red Carpet Real Estate | |
| 1st Class Real Estate | |
| Franchise Fee | |
| Red Carpet Real Estate | |
| 1st Class Real Estate | |
| Royalty Fee | |
| Red Carpet Real Estate | 5% |
| 1st Class Real Estate | |
| Advertising Fee | |
| Red Carpet Real Estate | 0.50% |
| 1st Class Real Estate | |
| Year Founded | |
| Red Carpet Real Estate | 1966 |
| 1st Class Real Estate | 2012 |
| Year Franchised | |
| Red Carpet Real Estate | 1970 |
| 1st Class Real Estate | 2018 |
| Term Of Agreement | |
| Red Carpet Real Estate | 5 years +7or10 |
| 1st Class Real Estate | |
| Renewal Fee | |
| Red Carpet Real Estate | |
| 1st Class Real Estate | |
Business Experience Requirements |
|
| Experience | |
| Red Carpet Real Estate | |
| 1st Class Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Red Carpet Real Estate | |
| 1st Class Real Estate | |
| Start-up Costs | |
| Red Carpet Real Estate | |
| 1st Class Real Estate | |
| Equipment | |
| Red Carpet Real Estate} | |
| 1st Class Real Estate | |
| Inventory | |
| Red Carpet Real Estate | |
| 1st Class Real Estate | |
| Receivables | |
| Red Carpet Real Estate | |
| 1st Class Real Estate | |
| Payroll | |
| Red Carpet Real Estate | |
| 1st Class Real Estate | |
Training & Support |
|
| Training | |
| Red Carpet Real Estate | Meetings Quarterly |
| 1st Class Real Estate | Classroom Training: 16 hours Additional Training: Virtual training |
| Support | |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| 1st Class Real Estate | Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Red Carpet Real Estate | |
| 1st Class Real Estate | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Red Carpet Real Estate | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
| 1st Class Real Estate | Number of Employees Required to Run: 3 |
Expansion Plans |
|
| US Expansion | |
| Red Carpet 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 |
| 1st Class Real Estate | |
| Canada Expansion | |
| Red Carpet Real Estate | |
| 1st Class Real Estate | |
| International Expansion | |
| Red Carpet Real Estate | |
| 1st Class Real Estate | |