Next Generation Realty Franchise

Real Estate

Next Generation Realty was founded in 1994 by Tom Franklin and Rob Doheny. Our philosophy is based on quality service at an affordable price. We believe that all real estate can be sold, and that by being our partner, it can be sold for one low flat fee. It was this belief that lead us to develop an alternative program that partners us with the seller in the marketing of their home. Our company operates around 3 Basic Principles: One Low Fee, on any priced home, paid at closing with no upfront fees. Our program presented in writing with guaranteed advertising. You can cancel at any time with no cost, no hassle. Since our clients show their own home, our agents list and sell more homes!

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


It's time to give yourself permission to build your days around what's important to you! You're in Control!
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Please Note: The operators of Next Generation Realty, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Next Generation Realty website.

How much does it cost to open a Next Generation Realty Franchise ?

The investment required to open a Next Generation Realty Franchise is between $30,000 - $397,800 . There is an initial franchise fee of $19,900 -$267,700 which grants you the license to run a business under the Next Generation Realty name.

Individual Franchise Costs

  • Initial Investment:
    $30,000 -
  • Initial Franchise Fee:
    $19,900 - $267,700
  • Royalty Fee:
    4.50%
  • Advertising Fee:
    3%

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

Next Generation Realty Growth History

When did the first Next Generation Realty open? 1994
When did Next Generation Realty start Franchising ? 1994

Year U.S.A. Canada International Corporate
2007 7 0 0 0


How much money you could make as a Next Generation Realty Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Next Generation Realty Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$19,900 - $397,800
Initial Franchise Fee
$19,900 - $267,700
Royalty Fee
4.50%
Advertising Fee
3%
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Legal Disclaimer: This information is not a franchise offering for Next Generation Realty and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Next Generation Realty franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.