Start-Up Costs and Fees |
||
| Tucker Associates | Weichert Real Estate | |
| Investment | 125000 - 250000 | 62500 - 324700 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 6% |
| Advertising Fee | 2% | |
| Year Founded | 1918 | 1969 |
| Year Franchised | 1989 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tucker Associates | Weichert Real Estate | |
| Experience | ||
Financing Options |
||
| Tucker Associates | Weichert Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Tucker Associates | Weichert Real Estate | |
| Training | Indianapolis, IN 2 Weeks | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings: At Additional Cost 800 Telephone Hotline | 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 | Average Number of Employees: 1-2 Full-time, 3 Part-time Passive Ownership: Allowed, But Discouraged | 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 |
||
| Tucker Associates | Weichert Real Estate | |
| US Expansion | Illinois, Indiana, Kentucky, Michigan, Ohio | 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 | |
| Tucker Associates | |
| Weichert Real Estate | |
| Franchise Fee | |
| Tucker Associates | |
| Weichert Real Estate | |
| Royalty Fee | |
| Tucker Associates | 6% |
| Weichert Real Estate | 6% |
| Advertising Fee | |
| Tucker Associates | |
| Weichert Real Estate | 2% |
| Year Founded | |
| Tucker Associates | 1918 |
| Weichert Real Estate | 1969 |
| Year Franchised | |
| Tucker Associates | 1989 |
| Weichert Real Estate | 2000 |
| Term Of Agreement | |
| Tucker Associates | 6 Years+5 |
| Weichert Real Estate | 7 years |
| Renewal Fee | |
| Tucker Associates | |
| Weichert Real Estate | $1K |
Business Experience Requirements |
|
| Experience | |
| Tucker Associates | |
| Weichert Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Tucker Associates | |
| Weichert Real Estate | |
| Start-up Costs | |
| Tucker Associates | |
| Weichert Real Estate | |
| Equipment | |
| Tucker Associates} | |
| Weichert Real Estate | |
| Inventory | |
| Tucker Associates | |
| Weichert Real Estate | |
| Receivables | |
| Tucker Associates | |
| Weichert Real Estate | |
| Payroll | |
| Tucker Associates | |
| Weichert Real Estate | |
Training & Support |
|
| Training | |
| Tucker Associates | Indianapolis, IN 2 Weeks |
| Weichert Real Estate | Classroom Training: 28.25 hours Additional Training: Annual conference; quarterly workshops (local) |
| Support | |
| Tucker Associates | Central Purchasing Field Operation Evaluation Field Training Initial Store Opening Franchisee Newsletter Regional or National Meetings: At Additional Cost 800 Telephone Hotline |
| Weichert Real Estate | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Tucker Associates | |
| Weichert Real Estate | Co-op Advertising National Media Regional Advertising Social media Email marketing |
| Operations | |
| Tucker Associates | Average Number of Employees: 1-2 Full-time, 3 Part-time Passive Ownership: Allowed, But Discouraged |
| 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 | |
| Tucker Associates | Illinois, Indiana, Kentucky, Michigan, Ohio |
| 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 | |
| Tucker Associates | |
| Weichert Real Estate | |
| International Expansion | |
| Tucker Associates | |
| Weichert Real Estate | |