Start-Up Costs and Fees |
||
| Renters Warehouse | Commission Express | |
| Investment | 14819 - 50405 | 112800 - 301500 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | Varies |
| Advertising Fee | ||
| Year Founded | 2007 | 1992 |
| Year Franchised | 2011 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Renters Warehouse | Commission Express | |
| 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. | General business experience |
Financing Options |
||
| Renters Warehouse | Commission Express | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Renters Warehouse | Commission Express | |
| 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, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | Co-op advertising, National media, Regional advertising, | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Renters Warehouse | Commission Express | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Renters Warehouse | |
| Commission Express | |
| Franchise Fee | |
| Renters Warehouse | |
| Commission Express | |
| Royalty Fee | |
| Renters Warehouse | 4.50% |
| Commission Express | Varies |
| Advertising Fee | |
| Renters Warehouse | |
| Commission Express | |
| Year Founded | |
| Renters Warehouse | 2007 |
| Commission Express | 1992 |
| Year Franchised | |
| Renters Warehouse | 2011 |
| Commission Express | 1996 |
| Term Of Agreement | |
| Renters Warehouse | 7 years |
| Commission Express | 10 years |
| Renewal Fee | |
| Renters Warehouse | |
| Commission Express | |
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. |
| Commission Express | General business experience |
Financing Options |
|
| Franchise Fees | |
| Renters Warehouse | |
| Commission Express | |
| Start-up Costs | |
| Renters Warehouse | |
| Commission Express | |
| Equipment | |
| Renters Warehouse} | |
| Commission Express | |
| Inventory | |
| Renters Warehouse | |
| Commission Express | |
| Receivables | |
| Renters Warehouse | |
| Commission Express | |
| Payroll | |
| Renters Warehouse | |
| Commission Express | |
Training & Support |
|
| Training | |
| Renters Warehouse | Available at headquarters: 5 days. At franchisee's location: 2 days. |
| Commission Express | |
| Support | |
| Renters Warehouse | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
| Commission Express | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations |
| Marketing | |
| Renters Warehouse | Co-op advertising, National media, Regional advertising, |
| Commission Express | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Renters Warehouse | |
| Commission Express | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
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 |
| Commission Express | |
| Canada Expansion | |
| Renters Warehouse | |
| Commission Express | 0 |
| International Expansion | |
| Renters Warehouse | |
| Commission Express | |