Coldwell Banker Real Estate LLC

Founded: 1906 Franchising since: 1982
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.

1 Campus Dr. Parsippany, New jersey 07054

Phone: (973)407-2000

Franchisor is a publicly-held company with 100 employee(s); 30 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2009	2042	139	513	684
2007	2,531	241	446	854
2006	2,369	228	295	943
2005	2,383	215	293	892

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
Worldwide

Exclusive territories available.

Special Programs
Coldwell Banker raises funds for, and assists with, home building projects for Habitat for Humanity.

Total investment: $23.5K-490.5K Franchise fee: $13K-25K

Ongoing royalty fee: 6% Term of agreement: 10 years, renewable

Type of Financing Available

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

Qualifications
Net worth requirement: $25K
Business Experience:

• Industry experience

Operations

• 27% of all franchisees own more than one unit
• Absentee ownership of franchise is NOT allowed.

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 500® rank:
#48 (2008); #19 (2006); #20 (2005);

Fastest-Growing Franchises:
#19 (2006);

America's Top Global Franchises:
#28 (2008); #13 (2006); #16 (2005);