Coldwell Banker Real Estate LLC
At a Glance
Products & Services: Real estate
Number of Locations: 3,446
Total Investment: $52.47K - 493.55K
Founded: 1906
Began Franchising: 1982
Public Owned
About Coldwell Banker Real Estate LLC
In the wake of the 1906 San Francisco earthquake, Colbert Coldwell saw how many real estate agents took advantage of victims and decided there was a need for knowledgeable, reliable agents. That same year, he founded his company and in 1914 was joined by Benjamin Arthur Banker, who became a full partner. Today, Coldwell Banker agents handle residential, luxury, resort and commercial real estate sales.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2010 | 2,091 | 256 | 431 | 668 |
| 2009 | 2,042 | 139 | 513 | 684 |
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Startup Costs, Ongoing Fees and Financing
Total Investment: $52,470 - $493,550
Franchise Fee: $250,000 - $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $250,000 - $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $150,000
Operations
27% of all franchisees own more than one unit. Absentee ownership of franchise is NOT allowed..| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 4 days. At franchisee's location: 1-2 days. Ongoing training at other locations & via the Internet
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations,
Marketing Support: Ad slicks, National media, Regional advertising,
Other marketing support: Internet site
Franchise Ranking History
Fastest-Growing: #14 (2011),
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