Weichert Real Estate vs National Restaurant Properties Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Weichert Real Estate vs National Restaurant Properties including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Weichert Real Estate National Restaurant Properties
Investment 62500 - 324700 39450 - 105700
Franchise Fee 0
Royalty Fee 6% 6%
Advertising Fee 2% 2%
Year Founded 1969 1968
Year Franchised 2000 1990
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Weichert Real Estate National Restaurant Properties
Experience

Financing Options
  Weichert Real Estate National Restaurant Properties
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Weichert Real Estate National Restaurant Properties
Training Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) 2 weeks
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
  Weichert Real Estate National Restaurant Properties
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
Weichert Real Estate
National Restaurant Properties
Franchise Fee
Weichert Real Estate
National Restaurant Properties
Royalty Fee
Weichert Real Estate 6%
National Restaurant Properties 6%
Advertising Fee
Weichert Real Estate 2%
National Restaurant Properties 2%
Year Founded
Weichert Real Estate 1969
National Restaurant Properties 1968
Year Franchised
Weichert Real Estate 2000
National Restaurant Properties 1990
Term Of Agreement
Weichert Real Estate 7 years
National Restaurant Properties 20 years
Renewal Fee
Weichert Real Estate $1K
National Restaurant Properties 20% of current franchise fee


Business Experience Requirements
Experience
Weichert Real Estate
National Restaurant Properties

Financing Options
 
Franchise Fees
Weichert Real Estate No
National Restaurant Properties No
Start-up Costs
Weichert Real Estate
National Restaurant Properties
Equipment
Weichert Real Estate}
National Restaurant Properties
Inventory
Weichert Real Estate
National Restaurant Properties
Receivables
Weichert Real Estate
National Restaurant Properties
Payroll
Weichert Real Estate
National Restaurant Properties

Training & Support
Training
Weichert Real Estate Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local)
National Restaurant Properties 2 weeks
Support
Weichert Real Estate Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform
National Restaurant Properties
Marketing
Weichert Real Estate Co-op Advertising National Media Regional Advertising Social media Email marketing
National Restaurant Properties
Operations
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)
National Restaurant Properties

Expansion Plans
US Expansion
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
National Restaurant Properties
Canada Expansion
Weichert Real Estate
National Restaurant Properties
International Expansion
Weichert Real Estate
National Restaurant Properties