Start-Up Costs and Fees |
||
| 1st Class Real Estate | Red Carpet Real Estate | |
| Investment | 14420 - 209475 | 36000 - 36000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 0.50% | |
| Year Founded | 2012 | 1966 |
| Year Franchised | 2018 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| 1st Class Real Estate | Red Carpet Real Estate | |
| Experience | ||
Financing Options |
||
| 1st Class Real Estate | Red Carpet Real Estate | |
| Franchise Fees | Yes | |
| Start-up Costs | Yes | |
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| 1st Class Real Estate | Red Carpet Real Estate | |
| Training | Classroom Training: 16 hours Additional Training: Virtual training | Meetings Quarterly |
| Support | Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Number of Employees Required to Run: 3 | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| 1st Class Real Estate | Red Carpet Real Estate | |
| 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | |
| Franchise Fee | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | |
| Royalty Fee | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | 5% |
| Advertising Fee | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | 0.50% |
| Year Founded | |
| 1st Class Real Estate | 2012 |
| Red Carpet Real Estate | 1966 |
| Year Franchised | |
| 1st Class Real Estate | 2018 |
| Red Carpet Real Estate | 1970 |
| Term Of Agreement | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | 5 years +7or10 |
| Renewal Fee | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | |
Business Experience Requirements |
|
| Experience | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | |
Financing Options |
|
| Franchise Fees | |
| 1st Class Real Estate | Yes |
| Red Carpet Real Estate | Yes |
| Start-up Costs | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | |
| Equipment | |
| 1st Class Real Estate} | |
| Red Carpet Real Estate | |
| Inventory | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | |
| Receivables | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | |
| Payroll | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | |
Training & Support |
|
| Training | |
| 1st Class Real Estate | Classroom Training: 16 hours Additional Training: Virtual training |
| Red Carpet Real Estate | Meetings Quarterly |
| Support | |
| 1st Class Real Estate | Ongoing Support Newsletter Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | |
| 1st Class Real Estate | Co-op Advertising Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Red Carpet Real Estate | |
| Operations | |
| 1st Class Real Estate | Number of Employees Required to Run: 3 |
| Red Carpet Real Estate | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| 1st Class Real Estate | |
| Red Carpet 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 |
| Canada Expansion | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | |
| International Expansion | |
| 1st Class Real Estate | |
| Red Carpet Real Estate | |