Start-Up Costs and Fees |
||
| Elliott & Company Appraisers | NextHome | |
| Investment | 3700 - 18900 | 14750 - 213100 |
| Franchise Fee | 0 | |
| Royalty Fee | 8-18% | $180-$190/mo. |
| Advertising Fee | $75-85/transaction | |
| Year Founded | 1980 | 2014 |
| Year Franchised | 1993 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Elliott & Company Appraisers | NextHome | |
| Experience | ||
Financing Options |
||
| Elliott & Company Appraisers | NextHome | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Elliott & Company Appraisers | NextHome | |
| Training | State required continuing education every year | Classroom Training: 28 hours |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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 | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | Number of Employees Required to Run: 1 |
Expansion Plans |
||
| Elliott & Company Appraisers | NextHome | |
| US Expansion | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, | 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 | |
| Elliott & Company Appraisers | |
| NextHome | |
| Franchise Fee | |
| Elliott & Company Appraisers | |
| NextHome | |
| Royalty Fee | |
| Elliott & Company Appraisers | 8-18% |
| NextHome | $180-$190/mo. |
| Advertising Fee | |
| Elliott & Company Appraisers | |
| NextHome | $75-85/transaction |
| Year Founded | |
| Elliott & Company Appraisers | 1980 |
| NextHome | 2014 |
| Year Franchised | |
| Elliott & Company Appraisers | 1993 |
| NextHome | 2014 |
| Term Of Agreement | |
| Elliott & Company Appraisers | 5 years |
| NextHome | |
| Renewal Fee | |
| Elliott & Company Appraisers | $500 |
| NextHome | |
Business Experience Requirements |
|
| Experience | |
| Elliott & Company Appraisers | |
| NextHome | |
Financing Options |
|
| Franchise Fees | |
| Elliott & Company Appraisers | No |
| NextHome | No |
| Start-up Costs | |
| Elliott & Company Appraisers | |
| NextHome | |
| Equipment | |
| Elliott & Company Appraisers} | |
| NextHome | |
| Inventory | |
| Elliott & Company Appraisers | |
| NextHome | |
| Receivables | |
| Elliott & Company Appraisers | |
| NextHome | |
| Payroll | |
| Elliott & Company Appraisers | |
| NextHome | |
Training & Support |
|
| Training | |
| Elliott & Company Appraisers | State required continuing education every year |
| NextHome | Classroom Training: 28 hours |
| Support | |
| Elliott & Company Appraisers | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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 | |
| Elliott & Company Appraisers | Co-op advertising, Ad slicks, National media, Regional advertising |
| NextHome | Ad Templates National Media Social media SEO Website development Email marketing |
| Operations | |
| Elliott & Company Appraisers | Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
| NextHome | Number of Employees Required to Run: 1 |
Expansion Plans |
|
| US Expansion | |
| Elliott & Company Appraisers | Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, West Virginia, Wyoming, |
| 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 | |
| Elliott & Company Appraisers | |
| NextHome | |
| International Expansion | |
| Elliott & Company Appraisers | |
| NextHome | |