Area Pro Realty Franchise Inc.
At a Glance
Products & Services: Residential real estate brokerage
Number of Locations: 14
Total Investment: $23.3K
Founded: 2006
Began Franchising: 2008
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 13 | 0 | 0 | 1 |
| 2010 | 10 | 0 | 0 | 1 |
| 2009 | 7 | 0 | 0 | 1 |
| 2008 | 4 | 0 | 0 | 1 |
Startup Costs, Ongoing Fees and Financing
Total Investment: $23,300
Franchise Fee: $19,900
Ongoing Royalty Fee: $125/agent/mo.
Term of Franchise Agreement: 3 years, renewable
Franchise Fee: $19,900
Ongoing Royalty Fee: $125/agent/mo.
Term of Franchise Agreement: 3 years, renewable
Financial Requirements
Net Worth: $35,000
Liquid Cash Available: $25,000
Operations
Franchise can be run from home. 40% 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).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 3 days.
Ongoing Support: Internet,
Marketing Support: Ad slicks,
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