Start-Up Costs and Fees |
||
| Weichert Real Estate | Pacific Auction Exchange | |
| Investment | 62500 - 324700 | 25000 - 25000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 0.75% |
| Year Founded | 1969 | 1999 |
| Year Franchised | 2000 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | Pacific Auction Exchange | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | Pacific Auction Exchange | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Weichert Real Estate | Pacific Auction Exchange | |
| 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 |
||
| Weichert Real Estate | Pacific Auction Exchange | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Weichert Real Estate | |
| Pacific Auction Exchange | |
| Franchise Fee | |
| Weichert Real Estate | |
| Pacific Auction Exchange | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| Pacific Auction Exchange | 6% |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| Pacific Auction Exchange | 0.75% |
| Year Founded | |
| Weichert Real Estate | 1969 |
| Pacific Auction Exchange | 1999 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| Pacific Auction Exchange | 2001 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| Pacific Auction Exchange | |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| Pacific Auction Exchange | |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| Pacific Auction Exchange | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| Pacific Auction Exchange | No |
| Start-up Costs | |
| Weichert Real Estate | |
| Pacific Auction Exchange | |
| Equipment | |
| Weichert Real Estate} | |
| Pacific Auction Exchange | |
| Inventory | |
| Weichert Real Estate | |
| Pacific Auction Exchange | |
| Receivables | |
| Weichert Real Estate | |
| Pacific Auction Exchange | |
| Payroll | |
| Weichert Real Estate | |
| Pacific Auction Exchange | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Pacific Auction Exchange | |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Pacific Auction Exchange | |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Pacific Auction Exchange | |
| 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) |
| Pacific Auction Exchange | |
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 |
| Pacific Auction Exchange | |
| Canada Expansion | |
| Weichert Real Estate | |
| Pacific Auction Exchange | 0 |
| International Expansion | |
| Weichert Real Estate | |
| Pacific Auction Exchange | |