Start-Up Costs and Fees |
||
| Renters Warehouse | Only Way Realty | |
| Investment | 14819 - 50405 | 2500 - 5000 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | 0% |
| Advertising Fee | $275 per month | |
| Year Founded | 2007 | 2008 |
| Year Franchised | 2011 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Renters Warehouse | Only Way Realty | |
| Experience | Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual. | Industry experience Brokers license |
Financing Options |
||
| Renters Warehouse | Only Way Realty | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Renters Warehouse | Only Way Realty | |
| Training | Available at headquarters: 5 days. At franchisee's location: 2 days. | |
| Support | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation | Newsletter, Agent Support Staff, Bookkeeper, Marketing for individual offices provided by Corporate |
| Marketing | Co-op advertising, National media, Regional advertising, | Direct mail pieces, social media, internet marketing, email marketing |
| Operations | ||
Expansion Plans |
||
| Renters Warehouse | Only Way Realty | |
| 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 | |
| Renters Warehouse | |
| Only Way Realty | |
| Franchise Fee | |
| Renters Warehouse | |
| Only Way Realty | |
| Royalty Fee | |
| Renters Warehouse | 4.50% |
| Only Way Realty | 0% |
| Advertising Fee | |
| Renters Warehouse | |
| Only Way Realty | $275 per month |
| Year Founded | |
| Renters Warehouse | 2007 |
| Only Way Realty | 2008 |
| Year Franchised | |
| Renters Warehouse | 2011 |
| Only Way Realty | 2012 |
| Term Of Agreement | |
| Renters Warehouse | 7 years |
| Only Way Realty | not specified |
| Renewal Fee | |
| Renters Warehouse | |
| Only Way Realty | |
Business Experience Requirements |
|
| Experience | |
| Renters Warehouse | Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual. |
| Only Way Realty | Industry experience Brokers license |
Financing Options |
|
| Franchise Fees | |
| Renters Warehouse | |
| Only Way Realty | |
| Start-up Costs | |
| Renters Warehouse | |
| Only Way Realty | |
| Equipment | |
| Renters Warehouse} | |
| Only Way Realty | |
| Inventory | |
| Renters Warehouse | |
| Only Way Realty | |
| Receivables | |
| Renters Warehouse | |
| Only Way Realty | |
| Payroll | |
| Renters Warehouse | |
| Only Way Realty | |
Training & Support |
|
| Training | |
| Renters Warehouse | Available at headquarters: 5 days. At franchisee's location: 2 days. |
| Only Way Realty | |
| Support | |
| Renters Warehouse | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
| Only Way Realty | Newsletter, Agent Support Staff, Bookkeeper, Marketing for individual offices provided by Corporate |
| Marketing | |
| Renters Warehouse | Co-op advertising, National media, Regional advertising, |
| Only Way Realty | Direct mail pieces, social media, internet marketing, email marketing |
| Operations | |
| Renters Warehouse | |
| Only Way Realty | |
Expansion Plans |
|
| US Expansion | |
| Renters Warehouse | 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 |
| Only Way Realty | |
| Canada Expansion | |
| Renters Warehouse | |
| Only Way Realty | |
| International Expansion | |
| Renters Warehouse | |
| Only Way Realty | |