Start-Up Costs and Fees |
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| Engel & Voelkers | Renters Warehouse | |
| Investment | 176000 - 320500 | 14819 - 50405 |
| Franchise Fee | ||
| Royalty Fee | 6% | 4.50% |
| Advertising Fee | 1.50% | |
| Year Founded | 1977 | 2007 |
| Year Franchised | 1998 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Engel & Voelkers | Renters Warehouse | |
| Experience | Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual. | |
Financing Options |
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| Engel & Voelkers | Renters Warehouse | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Engel & Voelkers | Renters Warehouse | |
| Training | Knowledge as a competitive factor The increasingly dynamic development of the markets calls for specialisation and sound expertise. Engel & Voelkers recognised the signs of the times early on and established its own academy in 1996 to provide a sound professional education to all company employees. During a six-day basic training course our new employees get to know the innovative Engel & Voelkers marketing system in a three-step programme. Among other things, the course subjects comprise questions of corporate identity and software seminars for the specially developed program "Global Office" as well as practice-oriented sales seminars. The training takes place regularly in the seminar room of the DJZ (German-Japanese Centre) at the Stadthausbroecke in Hamburg. Local seminars in the respective countries can be organized with a minimum of 6 participants. | Available at headquarters: 5 days. At franchisee's location: 2 days. |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation | |
| Marketing | Co-op advertising, National media, Regional advertising, | |
| Operations | ||
Expansion Plans |
||
| Engel & Voelkers | Renters Warehouse | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Engel & Voelkers | |
| Renters Warehouse | |
| Franchise Fee | |
| Engel & Voelkers | |
| Renters Warehouse | |
| Royalty Fee | |
| Engel & Voelkers | 6% |
| Renters Warehouse | 4.50% |
| Advertising Fee | |
| Engel & Voelkers | 1.50% |
| Renters Warehouse | |
| Year Founded | |
| Engel & Voelkers | 1977 |
| Renters Warehouse | 2007 |
| Year Franchised | |
| Engel & Voelkers | 1998 |
| Renters Warehouse | 2011 |
| Term Of Agreement | |
| Engel & Voelkers | |
| Renters Warehouse | 7 years |
| Renewal Fee | |
| Engel & Voelkers | |
| Renters Warehouse | |
Business Experience Requirements |
|
| Experience | |
| Engel & Voelkers | |
| Renters Warehouse | Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual. |
Financing Options |
|
| Franchise Fees | |
| Engel & Voelkers | |
| Renters Warehouse | |
| Start-up Costs | |
| Engel & Voelkers | |
| Renters Warehouse | |
| Equipment | |
| Engel & Voelkers} | |
| Renters Warehouse | |
| Inventory | |
| Engel & Voelkers | |
| Renters Warehouse | |
| Receivables | |
| Engel & Voelkers | |
| Renters Warehouse | |
| Payroll | |
| Engel & Voelkers | |
| Renters Warehouse | |
Training & Support |
|
| Training | |
| Engel & Voelkers | Knowledge as a competitive factor The increasingly dynamic development of the markets calls for specialisation and sound expertise. Engel & Voelkers recognised the signs of the times early on and established its own academy in 1996 to provide a sound professional education to all company employees. During a six-day basic training course our new employees get to know the innovative Engel & Voelkers marketing system in a three-step programme. Among other things, the course subjects comprise questions of corporate identity and software seminars for the specially developed program "Global Office" as well as practice-oriented sales seminars. The training takes place regularly in the seminar room of the DJZ (German-Japanese Centre) at the Stadthausbroecke in Hamburg. Local seminars in the respective countries can be organized with a minimum of 6 participants. |
| Renters Warehouse | Available at headquarters: 5 days. At franchisee's location: 2 days. |
| Support | |
| Engel & Voelkers | |
| Renters Warehouse | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
| Marketing | |
| Engel & Voelkers | |
| Renters Warehouse | Co-op advertising, National media, Regional advertising, |
| Operations | |
| Engel & Voelkers | |
| Renters Warehouse | |
Expansion Plans |
|
| US Expansion | |
| Engel & Voelkers | |
| Renters Warehouse | 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 | |
| Engel & Voelkers | 0 |
| Renters Warehouse | |
| International Expansion | |
| Engel & Voelkers | |
| Renters Warehouse | |