Start-Up Costs and Fees |
||
| Century 21 | Red Carpet Real Estate | |
| Investment | 24700 - 451350 | 36000 - 36000 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5% |
| Advertising Fee | 2% | 0.50% |
| Year Founded | 1971 | 1966 |
| Year Franchised | 1972 | 1970 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Century 21 | Red Carpet Real Estate | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Century 21 | Red Carpet Real Estate | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Century 21 | Red Carpet Real Estate | |
| Training | Meetings Quarterly | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Absentee ownership of franchise is NOT allowed. | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
Expansion Plans |
||
| Century 21 | 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 | |
| Century 21 | |
| Red Carpet Real Estate | |
| Franchise Fee | |
| Century 21 | |
| Red Carpet Real Estate | |
| Royalty Fee | |
| Century 21 | 6% |
| Red Carpet Real Estate | 5% |
| Advertising Fee | |
| Century 21 | 2% |
| Red Carpet Real Estate | 0.50% |
| Year Founded | |
| Century 21 | 1971 |
| Red Carpet Real Estate | 1966 |
| Year Franchised | |
| Century 21 | 1972 |
| Red Carpet Real Estate | 1970 |
| Term Of Agreement | |
| Century 21 | 10 years |
| Red Carpet Real Estate | 5 years +7or10 |
| Renewal Fee | |
| Century 21 | |
| Red Carpet Real Estate | |
Business Experience Requirements |
|
| Experience | |
| Century 21 | Industry experience General business experience Marketing skills |
| Red Carpet Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Century 21 | Yes |
| Red Carpet Real Estate | Yes |
| Start-up Costs | |
| Century 21 | |
| Red Carpet Real Estate | |
| Equipment | |
| Century 21} | |
| Red Carpet Real Estate | |
| Inventory | |
| Century 21 | |
| Red Carpet Real Estate | |
| Receivables | |
| Century 21 | |
| Red Carpet Real Estate | |
| Payroll | |
| Century 21 | |
| Red Carpet Real Estate | |
Training & Support |
|
| Training | |
| Century 21 | |
| Red Carpet Real Estate | Meetings Quarterly |
| Support | |
| Century 21 | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| Marketing | |
| Century 21 | Co-op advertising, Ad slicks, National media, Regional advertising |
| Red Carpet Real Estate | |
| Operations | |
| Century 21 | Absentee ownership of franchise is NOT allowed. |
| Red Carpet Real Estate | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
Expansion Plans |
|
| US Expansion | |
| Century 21 | |
| 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 | |
| Century 21 | |
| Red Carpet Real Estate | |
| International Expansion | |
| Century 21 | |
| Red Carpet Real Estate | |