Start-Up Costs and Fees |
||
| Weichert Real Estate | Tucker Associates | |
| Investment | 62500 - 324700 | 125000 - 250000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1969 | 1918 |
| Year Franchised | 2000 | 1989 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Weichert Real Estate | Tucker Associates | |
| Experience | ||
Financing Options |
||
| Weichert Real Estate | Tucker Associates | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Weichert Real Estate | Tucker Associates | |
| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | Indianapolis, IN 2 Weeks |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings: At Additional Cost 800 Telephone Hotline |
| 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) | Average Number of Employees: 1-2 Full-time, 3 Part-time Passive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| Weichert Real Estate | Tucker Associates | |
| 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 | Illinois, Indiana, Kentucky, Michigan, Ohio |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Weichert Real Estate | |
| Tucker Associates | |
| Franchise Fee | |
| Weichert Real Estate | |
| Tucker Associates | |
| Royalty Fee | |
| Weichert Real Estate | 6% |
| Tucker Associates | 6% |
| Advertising Fee | |
| Weichert Real Estate | 2% |
| Tucker Associates | |
| Year Founded | |
| Weichert Real Estate | 1969 |
| Tucker Associates | 1918 |
| Year Franchised | |
| Weichert Real Estate | 2000 |
| Tucker Associates | 1989 |
| Term Of Agreement | |
| Weichert Real Estate | 7 years |
| Tucker Associates | 6 Years+5 |
| Renewal Fee | |
| Weichert Real Estate | $1K |
| Tucker Associates | |
Business Experience Requirements |
|
| Experience | |
| Weichert Real Estate | |
| Tucker Associates | |
Financing Options |
|
| Franchise Fees | |
| Weichert Real Estate | No |
| Tucker Associates | No |
| Start-up Costs | |
| Weichert Real Estate | |
| Tucker Associates | |
| Equipment | |
| Weichert Real Estate} | |
| Tucker Associates | |
| Inventory | |
| Weichert Real Estate | |
| Tucker Associates | |
| Receivables | |
| Weichert Real Estate | |
| Tucker Associates | |
| Payroll | |
| Weichert Real Estate | |
| Tucker Associates | |
Training & Support |
|
| Training | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Tucker Associates | Indianapolis, IN 2 Weeks |
| Support | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Tucker Associates | Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings: At Additional Cost 800 Telephone Hotline |
| Marketing | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Tucker Associates | |
| 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) |
| Tucker Associates | Average Number of Employees: 1-2 Full-time, 3 Part-time Passive Ownership: Allowed, But Discouraged |
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 |
| Tucker Associates | Illinois, Indiana, Kentucky, Michigan, Ohio |
| Canada Expansion | |
| Weichert Real Estate | |
| Tucker Associates | |
| International Expansion | |
| Weichert Real Estate | |
| Tucker Associates | |