Start-Up Costs and Fees |
||
| Pacific Auction Exchange | Weichert Real Estate | |
| Investment | 25000 - 25000 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 0.75% | 2% |
| Year Founded | 1999 | 1969 |
| Year Franchised | 2001 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Pacific Auction Exchange | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| Pacific Auction Exchange | Weichert Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Pacific Auction Exchange | 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 |
||
| Pacific Auction Exchange | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Pacific Auction Exchange | |
| Weichert Real Estate | |
| Franchise Fee | |
| Pacific Auction Exchange | |
| Weichert Real Estate | |
| Royalty Fee | |
| Pacific Auction Exchange | 6% |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| Pacific Auction Exchange | 0.75% |
| Weichert Real Estate | 2% |
| Year Founded | |
| Pacific Auction Exchange | 1999 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| Pacific Auction Exchange | 2001 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| Pacific Auction Exchange | |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| Pacific Auction Exchange | |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| Pacific Auction Exchange | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Pacific Auction Exchange | |
| Weichert Real Estate | |
| Start-up Costs | |
| Pacific Auction Exchange | |
| Weichert Real Estate | |
| Equipment | |
| Pacific Auction Exchange} | |
| Weichert Real Estate | |
| Inventory | |
| Pacific Auction Exchange | |
| Weichert Real Estate | |
| Receivables | |
| Pacific Auction Exchange | |
| Weichert Real Estate | |
| Payroll | |
| Pacific Auction Exchange | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| Pacific Auction Exchange | |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| Pacific Auction Exchange | |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Pacific Auction Exchange | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| Pacific Auction Exchange | |
| 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 | |
| Pacific Auction Exchange | |
| 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 | |
| Pacific Auction Exchange | 0 |
| Weichert Real Estate | |
| International Expansion | |
| Pacific Auction Exchange | |
| Weichert Real Estate | |