Start-Up Costs and Fees |
||
| Red Carpet Real Estate | SellSmart Real Estate | |
| Investment | 36000 - 36000 | 23500 - 53600 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 0.50% | |
| Year Founded | 1966 | 2001 |
| Year Franchised | 1970 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Carpet Real Estate | SellSmart Real Estate | |
| Experience | ||
Financing Options |
||
| Red Carpet Real Estate | SellSmart Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Carpet Real Estate | SellSmart Real Estate | |
| Training | Meetings Quarterly | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| Support | Field Training Franchisee Newsletter Regional or National Meetings | |
| Marketing | ||
| Operations | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
||
| Red Carpet Real Estate | SellSmart 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Carpet Real Estate | |
| SellSmart Real Estate | |
| Franchise Fee | |
| Red Carpet Real Estate | |
| SellSmart Real Estate | |
| Royalty Fee | |
| Red Carpet Real Estate | 5% |
| SellSmart Real Estate | 6% |
| Advertising Fee | |
| Red Carpet Real Estate | 0.50% |
| SellSmart Real Estate | |
| Year Founded | |
| Red Carpet Real Estate | 1966 |
| SellSmart Real Estate | 2001 |
| Year Franchised | |
| Red Carpet Real Estate | 1970 |
| SellSmart Real Estate | 2004 |
| Term Of Agreement | |
| Red Carpet Real Estate | 5 years +7or10 |
| SellSmart Real Estate | 5 years |
| Renewal Fee | |
| Red Carpet Real Estate | |
| SellSmart Real Estate | $500 |
Business Experience Requirements |
|
| Experience | |
| Red Carpet Real Estate | |
| SellSmart Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Red Carpet Real Estate | |
| SellSmart Real Estate | |
| Start-up Costs | |
| Red Carpet Real Estate | |
| SellSmart Real Estate | |
| Equipment | |
| Red Carpet Real Estate} | |
| SellSmart Real Estate | |
| Inventory | |
| Red Carpet Real Estate | |
| SellSmart Real Estate | |
| Receivables | |
| Red Carpet Real Estate | |
| SellSmart Real Estate | |
| Payroll | |
| Red Carpet Real Estate | |
| SellSmart Real Estate | |
Training & Support |
|
| Training | |
| Red Carpet Real Estate | Meetings Quarterly |
| SellSmart Real Estate | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| Support | |
| Red Carpet Real Estate | Field Training Franchisee Newsletter Regional or National Meetings |
| SellSmart Real Estate | |
| Marketing | |
| Red Carpet Real Estate | |
| SellSmart Real Estate | |
| Operations | |
| Red Carpet Real Estate | Average Number of Employees: 5 Full-time, 0 Part-timePassive Ownership: Allowed, But Discouraged |
| SellSmart Real Estate | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 3 * Absentee ownership of franchise is 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 |
| SellSmart Real Estate | |
| Canada Expansion | |
| Red Carpet Real Estate | |
| SellSmart Real Estate | |
| International Expansion | |
| Red Carpet Real Estate | |
| SellSmart Real Estate | |