Start-Up Costs and Fees |
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| Welcome Home Rents Home | Renters Warehouse | |
| Investment | 49900 - 87400 | 14819 - 50405 |
| Franchise Fee | ||
| Royalty Fee | Greater of $62.50 or 0.5% of Gross Revenues paid monthly | 4.50% |
| Advertising Fee | 1% | |
| Year Founded | 2010 | 2007 |
| Year Franchised | 2010 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Welcome Home Rents Home | Renters Warehouse | |
| Experience | Trustworthy Conscientious Ability to develop relationships quickly Personable and outgoing. | 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. |
Financing Options |
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| Welcome Home Rents Home | Renters Warehouse | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Welcome Home Rents Home | Renters Warehouse | |
| Training | Comprehensive training through Welcome Home University. | Available at headquarters: 5 days. At franchisee's location: 2 days. |
| Support | Access to professionally designed forms, letters, and checklists. Training and support of our proprietary management software. Access to our local and national vendors to manage and promote your properties. | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
| Marketing | Co-op advertising, National media, Regional advertising, | |
| Operations | ||
Expansion Plans |
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| Welcome Home Rents Home | Renters Warehouse | |
| 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 | |
| Welcome Home Rents Home | |
| Renters Warehouse | |
| Franchise Fee | |
| Welcome Home Rents Home | |
| Renters Warehouse | |
| Royalty Fee | |
| Welcome Home Rents Home | Greater of $62.50 or 0.5% of Gross Revenues paid monthly |
| Renters Warehouse | 4.50% |
| Advertising Fee | |
| Welcome Home Rents Home | 1% |
| Renters Warehouse | |
| Year Founded | |
| Welcome Home Rents Home | 2010 |
| Renters Warehouse | 2007 |
| Year Franchised | |
| Welcome Home Rents Home | 2010 |
| Renters Warehouse | 2011 |
| Term Of Agreement | |
| Welcome Home Rents Home | 10 years |
| Renters Warehouse | 7 years |
| Renewal Fee | |
| Welcome Home Rents Home | |
| Renters Warehouse | |
Business Experience Requirements |
|
| Experience | |
| Welcome Home Rents Home | Trustworthy Conscientious Ability to develop relationships quickly Personable and outgoing. |
| 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. |
Financing Options |
|
| Franchise Fees | |
| Welcome Home Rents Home | |
| Renters Warehouse | |
| Start-up Costs | |
| Welcome Home Rents Home | |
| Renters Warehouse | |
| Equipment | |
| Welcome Home Rents Home} | |
| Renters Warehouse | |
| Inventory | |
| Welcome Home Rents Home | |
| Renters Warehouse | |
| Receivables | |
| Welcome Home Rents Home | |
| Renters Warehouse | |
| Payroll | |
| Welcome Home Rents Home | |
| Renters Warehouse | |
Training & Support |
|
| Training | |
| Welcome Home Rents Home | Comprehensive training through Welcome Home University. |
| Renters Warehouse | Available at headquarters: 5 days. At franchisee's location: 2 days. |
| Support | |
| Welcome Home Rents Home | Access to professionally designed forms, letters, and checklists. Training and support of our proprietary management software. Access to our local and national vendors to manage and promote your properties. |
| Renters Warehouse | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
| Marketing | |
| Welcome Home Rents Home | |
| Renters Warehouse | Co-op advertising, National media, Regional advertising, |
| Operations | |
| Welcome Home Rents Home | |
| Renters Warehouse | |
Expansion Plans |
|
| US Expansion | |
| Welcome Home Rents Home | |
| 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 |
| Canada Expansion | |
| Welcome Home Rents Home | |
| Renters Warehouse | |
| International Expansion | |
| Welcome Home Rents Home | |
| Renters Warehouse | |