Benham Real Estate Group

Foreclosed property sales

Background

Founded: 2004 Franchising since: 2007

552 Newell St.
Concord, North carolina 28025

Phone:
(704)788-4603

Franchisor has 25 employee(s); 2 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	78	0	0	1
2008	58	0	0	1
2007	6	0	0	1
2006	N/A	N/A	N/A	1
2005	N/A	N/A	N/A	1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 50-mile radius

Costs and Fees

Total investment: $11.8K
Franchise fee: $6.5K

Ongoing royalty fee: $195/transaction
Term of agreement: 10 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $10K
Cash liquidity requirement: $5K
Business Experience:

Industry experience
Real estate license

Operations

Franchise can be run from home
Number of employees needed to run franchised unit: 1
Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)