Start-Up Costs and Fees |
||
| Century 21 | Weichert Real Estate | |
| Investment | 24700 - 451350 | 62500 - 324700 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | 2% |
| Year Founded | 1971 | 1969 |
| Year Franchised | 1972 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Century 21 | Weichert Real Estate | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Century 21 | Weichert Real Estate | |
| Franchise Fees | Yes | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Century 21 | Weichert Real Estate | |
| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | Absentee ownership of franchise is NOT allowed. | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Century 21 | Weichert 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 | |
| Weichert Real Estate | |
| Franchise Fee | |
| Century 21 | |
| Weichert Real Estate | |
| Royalty Fee | |
| Century 21 | 6% |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| Century 21 | 2% |
| Weichert Real Estate | 2% |
| Year Founded | |
| Century 21 | 1971 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| Century 21 | 1972 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| Century 21 | 10 years |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| Century 21 | |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| Century 21 | Industry experience General business experience Marketing skills |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Century 21 | Yes |
| Weichert Real Estate | Yes |
| Start-up Costs | |
| Century 21 | |
| Weichert Real Estate | |
| Equipment | |
| Century 21} | |
| Weichert Real Estate | |
| Inventory | |
| Century 21 | |
| Weichert Real Estate | |
| Receivables | |
| Century 21 | |
| Weichert Real Estate | |
| Payroll | |
| Century 21 | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| Century 21 | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| Century 21 | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Century 21 | Co-op advertising, Ad slicks, National media, Regional advertising |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| Century 21 | Absentee ownership of franchise is NOT allowed. |
| Weichert Real Estate | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 5 Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Century 21 | |
| Weichert 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 | |
| Weichert Real Estate | |
| International Expansion | |
| Century 21 | |
| Weichert Real Estate | |