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Jason Rager is President of Franchise Analyzer.

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Tuesday
Apr272010

Rezcity.com Plus Franchise

Online local city guides, travel store, eBay auction store

Start-up Costs & Franchises Fees

What is the total cost to open a Rezcity.com Plus Franchises?

Total Cost: $6,700-$61,200
Total Franchise Fees: $4,500-$50,000 USD
Ongoing Royalty Fees: 0
Ongoing Advertising Fees:
Term of Agreement: 5 years

Contact Information for Rezcity.com Plus

Rezcity.com Plus
560 Sylvan Ave.
Englewood Cliffs, NJ
07632

Phone Number: (201)567-8500
Toll Free: (800)669-9000
Fax Number: (201)567-3265

Franchise Homepage:

Historical Expansion

In what year did Rezcity.com Plus begin operations? 2002
When did Rezcity.com Plus begin selling franchises? 2002

Year United States Canada International Corporate
2005 249 0 0 2
2004 238 0 0 2
2003 215 0 0 2
2002 0 0 0 0
2001 Not Available Not Available Not Available Not Available

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee Yes No
Initial Start-up Capital No No
Plant, Property, and Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Other Sources for Financing: 50% financing for 24 months

Training & Support

Training
Web conference training
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet
Marketing
Cooperative advertising, Ad slicks, National media

Franchise Operation Restrictions

This franchise can be run as a home based business franchise.

50% of all franchise business owners own more than one franchise location.

Number of employees needed to run franchised unit: 1

Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)

Qualifications & Business Experience

Business Experience:
  • General business experience
  • Sales & marketing experience
  • Franchise Analyzer Professional's Inside Information

    Can you buy this franchise for no money down? Yes
    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
    Please 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.