Realty Direct Franchise
Thursday, April 22, 2010 at 06:52PM Real estate
Start-up Costs & Franchises Fees
What is the total cost to open a Realty Direct Franchises?
Total Cost: $29,900-$43,900
Total Franchise Fees: $16,900
Ongoing Royalty Fees: 2%
Ongoing Advertising Fees:
Term of Agreement: 6 years
Franchise Agreement Renewal Fee: $2K
Contact Information for Realty Direct
|
Realty Direct Franchise Corp. |
Phone Number: (703)327-2428 |
Realty Direct In the Press
No results at this time.Historical Expansion
In what year did Realty Direct begin operations? 2001
When did Realty Direct begin selling franchises? 2003
Year United States Canada International Corporate 2005 16 0 0 0 2004 7 0 0 4 2003 0 0 0 1 2002 0 0 0 1 2001 Not Available Not Available Not Available 1
Future Expansion
United States: Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Internet referrals, Purchasing cooperatives
Marketing
Cooperative advertising, National media
Franchise Operation Restrictions
This franchise can be run as a home based business franchise.15% of all franchise business owners own more than one franchise location.
Number of employees needed to run franchised unit: 5
Absentee ownership of franchise is allowed. (75% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
Industry experience General business experience Sales & marketing experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
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