Start-Up Costs and Fees |
||
| Red Carpet Real Estate | Elliott & Company Appraisers | |
| Investment | 36000 - 36000 | 3700 - 18900 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 8-18% |
| Advertising Fee | 0.50% | |
| Year Founded | 1966 | 1980 |
| Year Franchised | 1970 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Carpet Real Estate | Elliott & Company Appraisers | |
| Experience | ||
Financing Options |
||
| Red Carpet Real Estate | Elliott & Company Appraisers | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Carpet Real Estate | Elliott & Company Appraisers | |
| Training | Meetings Quarterly | State required continuing education every year |
| Support | Field Training Franchisee Newsletter Regional or National Meetings | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, 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 | 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) |
Expansion Plans |
||
| Red Carpet Real Estate | Elliott & Company Appraisers | |
| 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 | 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, |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Carpet Real Estate | |
| Elliott & Company Appraisers | |
| Franchise Fee | |
| Red Carpet Real Estate | |
| Elliott & Company Appraisers | |
| Royalty Fee | |
| Red Carpet Real Estate | 5% |
| Elliott & Company Appraisers | 8-18% |
| Advertising Fee | |
| Red Carpet Real Estate | 0.50% |
| Elliott & Company Appraisers | |
| Year Founded | |
| Red Carpet Real Estate | 1966 |
| Elliott & Company Appraisers | 1980 |
| Year Franchised | |
| Red Carpet Real Estate | 1970 |
| Elliott & Company Appraisers | 1993 |
| Term Of Agreement | |
| Red Carpet Real Estate | 5 years +7or10 |
| Elliott & Company Appraisers | 5 years |
| Renewal Fee | |
| Red Carpet Real Estate | |
| Elliott & Company Appraisers | $500 |
Business Experience Requirements |
|
| Experience | |
| Red Carpet Real Estate | |
| Elliott & Company Appraisers | |
Financing Options |
|
| Franchise Fees | |
| Red Carpet Real Estate | |
| Elliott & Company Appraisers | |
| Start-up Costs | |
| Red Carpet Real Estate | |
| Elliott & Company Appraisers | |
| Equipment | |
| Red Carpet Real Estate} | |
| Elliott & Company Appraisers | |
| Inventory | |
| Red Carpet Real Estate | |
| Elliott & Company Appraisers | |
| Receivables | |
| Red Carpet Real Estate | |
| Elliott & Company Appraisers | |
| Payroll | |
| Red Carpet Real Estate | |
| Elliott & Company Appraisers | |
Training & Support |
|
| Training | |
| Red Carpet Real Estate | Meetings Quarterly |
| Elliott & Company Appraisers | State required continuing education every year |
| Support | |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| Elliott & Company Appraisers | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Red Carpet Real Estate | |
| Elliott & Company Appraisers | 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 |
| 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) |
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 |
| 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, |
| Canada Expansion | |
| Red Carpet Real Estate | |
| Elliott & Company Appraisers | |
| International Expansion | |
| Red Carpet Real Estate | |
| Elliott & Company Appraisers | |