Benham REO Group

At a Glance

Products & Services: Foreclosed-property sales

Number of Locations: 86

Total Investment: $11.8K - $31.8K

Founded: 2004

Began Franchising: 2007

Franchise Units

Year U.S. Canadian International Company Owned
2012 84 0 0 2
2010 84 0 0 2
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $11,800 - $31,750
Franchise Fee: $6,500 - $9,500
Ongoing Royalty Fee: $195/transaction
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $10,000
Liquid Cash Available: $5,000
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).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week.
Ongoing Support: Newsletter, Internet, Field operations/evaluations
Marketing Support: Co-op advertising, Ad slicks, National media,

Franchise Ranking History

Franchise 500®: #460 (2010),
Top New: #27 (2010),

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