ERA Franchise Systems LLC
At a Glance
Products & Services: Real estate
Number of Locations: 2,547
Total Investment: $47.7K - 209K
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 |
| 2011 | 684 | 0 | 1,852 | 11 |
| 2010 | 661 | 0 | 1,827 | 11 |
| 2009 | 828 | 0 | 1,793 | 11 |
| 2008 | 925 | 0 | 1,837 | 28 |
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Startup Costs, Ongoing Fees and Financing
Total Investment: $47,700 - $209,000
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years
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
| 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
Low-Cost: #32 (2010),
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