Start-Up Costs and Fees |
||
| Red Carpet Real Estate | Commission Express | |
| Investment | 36000 - 36000 | 112800 - 301500 |
| Franchise Fee | ||
| Royalty Fee | 5% | Varies |
| Advertising Fee | 0.50% | |
| Year Founded | 1966 | 1992 |
| Year Franchised | 1970 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Carpet Real Estate | Commission Express | |
| Experience | General business experience | |
Financing Options |
||
| Red Carpet Real Estate | Commission Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Carpet Real Estate | Commission Express | |
| Training | Meetings Quarterly | |
| Support | Field Training Franchisee Newsletter Regional or National Meetings | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Red Carpet Real Estate | Commission Express | |
| 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 | |
| Red Carpet Real Estate | |
| Commission Express | |
| Franchise Fee | |
| Red Carpet Real Estate | |
| Commission Express | |
| Royalty Fee | |
| Red Carpet Real Estate | 5% |
| Commission Express | Varies |
| Advertising Fee | |
| Red Carpet Real Estate | 0.50% |
| Commission Express | |
| Year Founded | |
| Red Carpet Real Estate | 1966 |
| Commission Express | 1992 |
| Year Franchised | |
| Red Carpet Real Estate | 1970 |
| Commission Express | 1996 |
| Term Of Agreement | |
| Red Carpet Real Estate | 5 years +7or10 |
| Commission Express | 10 years |
| Renewal Fee | |
| Red Carpet Real Estate | |
| Commission Express | |
Business Experience Requirements |
|
| Experience | |
| Red Carpet Real Estate | |
| Commission Express | General business experience |
Financing Options |
|
| Franchise Fees | |
| Red Carpet Real Estate | |
| Commission Express | |
| Start-up Costs | |
| Red Carpet Real Estate | |
| Commission Express | |
| Equipment | |
| Red Carpet Real Estate} | |
| Commission Express | |
| Inventory | |
| Red Carpet Real Estate | |
| Commission Express | |
| Receivables | |
| Red Carpet Real Estate | |
| Commission Express | |
| Payroll | |
| Red Carpet Real Estate | |
| Commission Express | |
Training & Support |
|
| Training | |
| Red Carpet Real Estate | Meetings Quarterly |
| Commission Express | |
| Support | |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| Commission Express | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | |
| Red Carpet Real Estate | |
| Commission Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Red Carpet Real Estate | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
| Commission Express | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Red Carpet 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 |
| Commission Express | |
| Canada Expansion | |
| Red Carpet Real Estate | |
| Commission Express | 0 |
| International Expansion | |
| Red Carpet Real Estate | |
| Commission Express | |