Start-Up Costs and Fees |
||
| SellSmart Real Estate | Renters Warehouse | |
| Investment | 23500 - 53600 | 14819 - 50405 |
| Franchise Fee | ||
| Royalty Fee | 6% | 4.50% |
| Advertising Fee | ||
| Year Founded | 2001 | 2007 |
| Year Franchised | 2004 | 2011 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| SellSmart Real Estate | Renters Warehouse | |
| 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 |
||
| SellSmart Real Estate | Renters Warehouse | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| SellSmart Real Estate | Renters Warehouse | |
| Training | * Available at headquarters: 3 days * Regional seminars: 1-3 days | 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 | |
| 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 |
||
| SellSmart Real Estate | Renters Warehouse | |
| 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 | |
| SellSmart Real Estate | |
| Renters Warehouse | |
| Franchise Fee | |
| SellSmart Real Estate | |
| Renters Warehouse | |
| Royalty Fee | |
| SellSmart Real Estate | 6% |
| Renters Warehouse | 4.50% |
| Advertising Fee | |
| SellSmart Real Estate | |
| Renters Warehouse | |
| Year Founded | |
| SellSmart Real Estate | 2001 |
| Renters Warehouse | 2007 |
| Year Franchised | |
| SellSmart Real Estate | 2004 |
| Renters Warehouse | 2011 |
| Term Of Agreement | |
| SellSmart Real Estate | 5 years |
| Renters Warehouse | 7 years |
| Renewal Fee | |
| SellSmart Real Estate | $500 |
| Renters Warehouse | |
Business Experience Requirements |
|
| Experience | |
| SellSmart Real Estate | |
| 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. |
Financing Options |
|
| Franchise Fees | |
| SellSmart Real Estate | No |
| Renters Warehouse | No |
| Start-up Costs | |
| SellSmart Real Estate | |
| Renters Warehouse | |
| Equipment | |
| SellSmart Real Estate} | |
| Renters Warehouse | |
| Inventory | |
| SellSmart Real Estate | |
| Renters Warehouse | |
| Receivables | |
| SellSmart Real Estate | |
| Renters Warehouse | |
| Payroll | |
| SellSmart Real Estate | |
| Renters Warehouse | |
Training & Support |
|
| Training | |
| SellSmart Real Estate | * Available at headquarters: 3 days * Regional seminars: 1-3 days |
| Renters Warehouse | Available at headquarters: 5 days. At franchisee's location: 2 days. |
| Support | |
| SellSmart Real Estate | |
| Renters Warehouse | Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation |
| Marketing | |
| SellSmart Real Estate | |
| Renters Warehouse | Co-op advertising, National media, Regional advertising, |
| Operations | |
| 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) |
| Renters Warehouse | |
Expansion Plans |
|
| US Expansion | |
| SellSmart Real Estate | |
| 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 |
| Canada Expansion | |
| SellSmart Real Estate | |
| Renters Warehouse | |
| International Expansion | |
| SellSmart Real Estate | |
| Renters Warehouse | |