Start-Up Costs and Fees |
||
| Century 21 | NextHome | |
| Investment | 24700 - 451350 | 14750 - 213100 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | $180-$190/mo. |
| Advertising Fee | 2% | $75-85/transaction |
| Year Founded | 1971 | 2014 |
| Year Franchised | 1972 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Century 21 | NextHome | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Century 21 | NextHome | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Century 21 | NextHome | |
| Training | Classroom Training: 28 hours | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | Absentee ownership of franchise is NOT allowed. | Number of Employees Required to Run: 1 |
Expansion Plans |
||
| Century 21 | NextHome | |
| 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 | |
| Century 21 | |
| NextHome | |
| Franchise Fee | |
| Century 21 | |
| NextHome | |
| Royalty Fee | |
| Century 21 | 6% |
| NextHome | $180-$190/mo. |
| Advertising Fee | |
| Century 21 | 2% |
| NextHome | $75-85/transaction |
| Year Founded | |
| Century 21 | 1971 |
| NextHome | 2014 |
| Year Franchised | |
| Century 21 | 1972 |
| NextHome | 2014 |
| Term Of Agreement | |
| Century 21 | 10 years |
| NextHome | |
| Renewal Fee | |
| Century 21 | |
| NextHome | |
Business Experience Requirements |
|
| Experience | |
| Century 21 | Industry experience General business experience Marketing skills |
| NextHome | |
Financing Options |
|
| Franchise Fees | |
| Century 21 | Yes |
| NextHome | Yes |
| Start-up Costs | |
| Century 21 | |
| NextHome | |
| Equipment | |
| Century 21} | |
| NextHome | |
| Inventory | |
| Century 21 | |
| NextHome | |
| Receivables | |
| Century 21 | |
| NextHome | |
| Payroll | |
| Century 21 | |
| NextHome | |
Training & Support |
|
| Training | |
| Century 21 | |
| NextHome | Classroom Training: 28 hours |
| Support | |
| Century 21 | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| NextHome | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Century 21 | Co-op advertising, Ad slicks, National media, Regional advertising |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | |
| Century 21 | Absentee ownership of franchise is NOT allowed. |
| NextHome | Number of Employees Required to Run: 1 |
Expansion Plans |
|
| US Expansion | |
| Century 21 | |
| NextHome | 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 | |
| Century 21 | |
| NextHome | |
| International Expansion | |
| Century 21 | |
| NextHome | |