Century 21 Franchise
Saturday, January 30, 2010 at 09:36PM Real estate
Century 21 Real Estate LLC is the franchisor of the world's largest residential real estate sales organization, with more than 6,600 independently owned and operated franchised broker offices in over 30 countries and territories worldwide. We are dedicated to providing buyers and sellers of real estate with the highest quality services possible. Learn more about the many CENTURY 21 benefits.
Start-up Costs & Franchises Fees
What is the total cost to open a Century 21 Franchises?
Total Cost: $11,700-$522,500
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: 2%
Term of Agreement: 10 years
Contact Information for Century 21
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Century 21 Real Estate Corp. |
Phone Number: (800)221-5737 |
Century 21 In the Press
No results at this time.Historical Expansion
In what year did Century 21 begin operations? 1971
When did Century 21 begin selling franchises? 1972
Year United States Canada International Corporate 2005 4199 350 2673 0 2004 4032 330 2266 0 2003 4069 322 2130 0 2002 4180 587 1813 0 2001 4260 325 2070 0
Future Expansion
Countries of Interest:
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee Yes Yes Initial Start-up Capital No No Plant, Property, and Equipment No Yes Inventory No No Accounts Receivable No No Payroll No No 3rd Party Financing Available? Financing Source(s): American Sales Leasing
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Field support and site evaluation
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
Absentee ownership of this franchise business is not available to new franchisees.
Qualifications & Business Experience
Business Experience:
Industry experience General business experience Sales & marketing experience
Jason Rager's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must use my system to receive these benefits and so much more. Click here.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes