Start-Up Costs and Fees |
||
| Renters Warehouse | RE/MAX | |
| Investment | 14819 - 50405 | 42000 - 284000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | varies |
| Advertising Fee | varies | |
| Year Founded | 2007 | 1973 |
| Year Franchised | 2011 | 1975 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Renters Warehouse | RE/MAX | |
| 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. | |
Financing Options |
||
| Renters Warehouse | RE/MAX | |
| Franchise Fees | Yes | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Renters Warehouse | RE/MAX | |
| Training | Available at headquarters: 5 days. At franchisee's location: 2 days. | Semi-annual convention and conference |
| 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, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op advertising, National media, Regional advertising, | Ad slicks, National media, Regional advertising |
| Operations | Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Renters Warehouse | RE/MAX | |
| 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 | |
| RE/MAX | |
| Franchise Fee | |
| Renters Warehouse | |
| RE/MAX | |
| Royalty Fee | |
| Renters Warehouse | 4.50% |
| RE/MAX | varies |
| Advertising Fee | |
| Renters Warehouse | |
| RE/MAX | varies |
| Year Founded | |
| Renters Warehouse | 2007 |
| RE/MAX | 1973 |
| Year Franchised | |
| Renters Warehouse | 2011 |
| RE/MAX | 1975 |
| Term Of Agreement | |
| Renters Warehouse | 7 years |
| RE/MAX | 5 years |
| Renewal Fee | |
| Renters Warehouse | |
| RE/MAX | Varies |
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. |
| RE/MAX | |
Financing Options |
|
| Franchise Fees | |
| Renters Warehouse | |
| RE/MAX | |
| Start-up Costs | |
| Renters Warehouse | |
| RE/MAX | |
| Equipment | |
| Renters Warehouse} | |
| RE/MAX | |
| Inventory | |
| Renters Warehouse | |
| RE/MAX | |
| Receivables | |
| Renters Warehouse | |
| RE/MAX | |
| Payroll | |
| Renters Warehouse | |
| RE/MAX | |
Training & Support |
|
| Training | |
| Renters Warehouse | Available at headquarters: 5 days. At franchisee's location: 2 days. |
| RE/MAX | Semi-annual convention and conference |
| Support | |
| Renters Warehouse | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
| RE/MAX | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Renters Warehouse | Co-op advertising, National media, Regional advertising, |
| RE/MAX | Ad slicks, National media, Regional advertising |
| Operations | |
| Renters Warehouse | |
| RE/MAX | Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. |
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 |
| RE/MAX | |
| Canada Expansion | |
| Renters Warehouse | |
| RE/MAX | |
| International Expansion | |
| Renters Warehouse | |
| RE/MAX | |