Start-Up Costs and Fees |
||
| LakePlace.com Realty | Weichert Real Estate | |
| Investment | 16000 - 114900 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | 10% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2015 | 1969 |
| Year Franchised | 2015 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| LakePlace.com Realty | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| LakePlace.com Realty | Weichert Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| LakePlace.com Realty | Weichert Real Estate | |
| Training | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media Email marketing | |
| Operations | 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 |
||
| LakePlace.com Realty | 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 | 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 | |
| LakePlace.com Realty | |
| Weichert Real Estate | |
| Franchise Fee | |
| LakePlace.com Realty | |
| Weichert Real Estate | |
| Royalty Fee | |
| LakePlace.com Realty | 10% |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| LakePlace.com Realty | |
| Weichert Real Estate | 2% |
| Year Founded | |
| LakePlace.com Realty | 2015 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| LakePlace.com Realty | 2015 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| LakePlace.com Realty | |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| LakePlace.com Realty | |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| LakePlace.com Realty | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| LakePlace.com Realty | |
| Weichert Real Estate | |
| Start-up Costs | |
| LakePlace.com Realty | |
| Weichert Real Estate | |
| Equipment | |
| LakePlace.com Realty} | |
| Weichert Real Estate | |
| Inventory | |
| LakePlace.com Realty | |
| Weichert Real Estate | |
| Receivables | |
| LakePlace.com Realty | |
| Weichert Real Estate | |
| Payroll | |
| LakePlace.com Realty | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| LakePlace.com Realty | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| LakePlace.com Realty | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| LakePlace.com Realty | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| LakePlace.com Realty | |
| 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 | |
| LakePlace.com Realty | 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 |
| 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 | |
| LakePlace.com Realty | |
| Weichert Real Estate | |
| International Expansion | |
| LakePlace.com Realty | |
| Weichert Real Estate | |