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Entrepreneur: Start & Grow Your Business

Century 21 Real Estate LLC

Real estate

Background

Founded: 1971 Franchising since: 1972
1 Campus Dr.
Parsippany, New jersey 07054
Phone:
(866)732-6139


Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 3456 0 4249 0
2007 4,340 370 3,670 0
2006 4,460 368 3,268 0
2005 4,297 356 2,907 0

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.
Territory size: 1/4 mile

Costs and Fees

Total investment: $11.8K-522.8K
Franchise fee: to $25K
Ongoing royalty fee: 6%
Term of agreement: 10 years, not 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: $75K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills


Training and Support

Training
  • At conventions & workshops; ongoing training via Century 21 Learning System

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Rankings

Franchise 500® rank:
#45 (2008); #16 (2007); #14 (2006); #27 (2005);

Fastest-Growing Franchises:
#20 (2007); #15 (2006);

America's Top Global Franchises:
#20 (2008); #10 (2007); #8 (2006); #12 (2005);