Start-Up Costs and Fees |
||
| Renters Warehouse | SellSmart Real Estate | |
| Investment | 14819 - 50405 | 23500 - 53600 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | 6% |
| Advertising Fee | ||
| Year Founded | 2007 | 2001 |
| Year Franchised | 2011 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Renters Warehouse | SellSmart Real Estate | |
| 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 | SellSmart Real Estate | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Renters Warehouse | SellSmart Real Estate | |
| Training | Available at headquarters: 5 days. At franchisee's location: 2 days. | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| Support | 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 | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 3 * Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Renters Warehouse | SellSmart Real Estate | |
| 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 | |
| SellSmart Real Estate | |
| Franchise Fee | |
| Renters Warehouse | |
| SellSmart Real Estate | |
| Royalty Fee | |
| Renters Warehouse | 4.50% |
| SellSmart Real Estate | 6% |
| Advertising Fee | |
| Renters Warehouse | |
| SellSmart Real Estate | |
| Year Founded | |
| Renters Warehouse | 2007 |
| SellSmart Real Estate | 2001 |
| Year Franchised | |
| Renters Warehouse | 2011 |
| SellSmart Real Estate | 2004 |
| Term Of Agreement | |
| Renters Warehouse | 7 years |
| SellSmart Real Estate | 5 years |
| Renewal Fee | |
| Renters Warehouse | |
| SellSmart Real Estate | $500 |
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. |
| SellSmart Real Estate | |
Financing Options |
|
| Franchise Fees | |
| Renters Warehouse | |
| SellSmart Real Estate | |
| Start-up Costs | |
| Renters Warehouse | |
| SellSmart Real Estate | |
| Equipment | |
| Renters Warehouse} | |
| SellSmart Real Estate | |
| Inventory | |
| Renters Warehouse | |
| SellSmart Real Estate | |
| Receivables | |
| Renters Warehouse | |
| SellSmart Real Estate | |
| Payroll | |
| Renters Warehouse | |
| SellSmart Real Estate | |
Training & Support |
|
| Training | |
| Renters Warehouse | Available at headquarters: 5 days. At franchisee's location: 2 days. |
| SellSmart Real Estate | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| Support | |
| Renters Warehouse | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
| SellSmart Real Estate | |
| Marketing | |
| Renters Warehouse | Co-op advertising, National media, Regional advertising, |
| SellSmart Real Estate | |
| Operations | |
| Renters Warehouse | |
| SellSmart Real Estate | * 20% of all franchisees own more than one unit * Number of employees needed to run franchised unit: 2 - 3 * Absentee ownership of franchise is 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 |
| SellSmart Real Estate | |
| Canada Expansion | |
| Renters Warehouse | |
| SellSmart Real Estate | |
| International Expansion | |
| Renters Warehouse | |
| SellSmart Real Estate | |