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Keller Williams Realty

2014 Franchise 500
#415
At a Glance

Products & Services: Real estate

Number of Locations: 710

Total Investment: $175K - $328.3K

Founded: 1983

Began Franchising: 1987

About Keller Williams Realty

As two young real estate agents working for what was then the largest real estate company in Austin, Texas, Gary Keller and Joe Williams believed that a company should work for its employees rather than the other way around. So the two men joined forces to found Keller Williams Realty in 1983. Four years later the partners began franchising. With offices throughout the country, Keller Williams encourages agents to recruit others into the company through profit-sharing.

Franchise Units

Year U.S. Canadian International Company Owned
2014 658 24 28 0
2013 655 23 9 0
2012 666 16 1 0
2011 673 16 0 0
2010 672 15 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S. and Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $175,022 - $328,320
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Liquid Cash Available: $150,000
Operations
30% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 4. Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: Ongoing. At franchisee's location: Ongoing.
Ongoing Support: Newsletter, Meetings, Internet, Field operations/evaluations
Marketing Support: National media,
Other marketing support: In-house marketing department

Franchise Ranking History

Franchise 500®: #415 (2014), #371 (2013), #178 (2012), #78 (2011), #60 (2010),
America's Top Global: #92 (2014), #142 (2012), #66 (2011), #52 (2010),

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