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