Start-Up Costs and Fees |
||
| Red Carpet Real Estate | Century 21 | |
| Investment | 36000 - 36000 | 24700 - 451350 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 6% |
| Advertising Fee | 0.50% | 2% |
| Year Founded | 1966 | 1971 |
| Year Franchised | 1970 | 1972 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Carpet Real Estate | Century 21 | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Red Carpet Real Estate | Century 21 | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Carpet Real Estate | Century 21 | |
| Training | Meetings Quarterly | |
| Support | Field Training Franchisee Newsletter Regional or National Meetings | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged | Absentee ownership of franchise is NOT allowed. |
Expansion Plans |
||
| Red Carpet Real Estate | Century 21 | |
| 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 | |
| Century 21 | |
| Franchise Fee | |
| Red Carpet Real Estate | |
| Century 21 | |
| Royalty Fee | |
| Red Carpet Real Estate | 5% |
| Century 21 | 6% |
| Advertising Fee | |
| Red Carpet Real Estate | 0.50% |
| Century 21 | 2% |
| Year Founded | |
| Red Carpet Real Estate | 1966 |
| Century 21 | 1971 |
| Year Franchised | |
| Red Carpet Real Estate | 1970 |
| Century 21 | 1972 |
| Term Of Agreement | |
| Red Carpet Real Estate | 5 years +7or10 |
| Century 21 | 10 years |
| Renewal Fee | |
| Red Carpet Real Estate | |
| Century 21 | |
Business Experience Requirements |
|
| Experience | |
| Red Carpet Real Estate | |
| Century 21 | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Red Carpet Real Estate | |
| Century 21 | |
| Start-up Costs | |
| Red Carpet Real Estate | |
| Century 21 | |
| Equipment | |
| Red Carpet Real Estate} | |
| Century 21 | |
| Inventory | |
| Red Carpet Real Estate | |
| Century 21 | |
| Receivables | |
| Red Carpet Real Estate | |
| Century 21 | |
| Payroll | |
| Red Carpet Real Estate | |
| Century 21 | |
Training & Support |
|
| Training | |
| Red Carpet Real Estate | Meetings Quarterly |
| Century 21 | |
| Support | |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| Century 21 | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | |
| Red Carpet Real Estate | |
| Century 21 | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Red Carpet Real Estate | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
| Century 21 | Absentee ownership of franchise is NOT allowed. |
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 |
| Century 21 | |
| Canada Expansion | |
| Red Carpet Real Estate | |
| Century 21 | |
| International Expansion | |
| Red Carpet Real Estate | |
| Century 21 | |