ERA Franchise Systems LLC

At a Glance

Products & Services: Real estate

Number of Locations: 2,322

Total Investment: $47.7K - $209.9K

Founded: 1971

Began Franchising: 1972

About ERA Franchise Systems LLC

Since its founding in 1971, ERA has helped homebuyers, sellers and renters with all their real estate needs. In addition to listing homes and providing other brokerage services, the company provides such special services as utility transfer, connection and disconnection.

Franchise Units

Year U.S. Canadian International Company Owned
2013 560 0 1,751 11
2012 613 0 1,750 11
2011 684 0 1,852 11
2010 661 0 1,827 11
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $47,700 - $209,900
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $75,000
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. At franchisee's location: 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
Marketing Support: Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #373 (2013), #131 (2010),
Low-Cost: #67 (2013), #32 (2010),
America's Top Global: #55 (2013), #105 (2010),

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