Click to Print
Next
254/500
Back

Weichert Real Estate Affiliates Inc.

2012 Franchise 500
#254
At a Glance

Products & Services: Real estate

Number of Locations: 382

Total Investment: $50K - 364.7K

Founded: 1969

Began Franchising: 2000

Private Owned

Franchise Units

Year U.S. Canadian International Company Owned
2011 234 0 0 148
2010 236 0 0 159
2009 262 0 0 164
2008 306 0 0 183
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
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, Midwest, Nebraska, North Carolina, North Dakota, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South, South Carolina, South Dakota, Southeast, Southwest, Tennessee, Texas, Utah, Virginia, Vermont, West, Washington, Wisconsin, West Virginia, Wyoming.

Startup Costs, Ongoing Fees and Financing

Total Investment: $50,000 - $364,700
Franchise Fee: $25,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $150,000
Operations
10% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 5. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 4 days. At franchisee's location: Ongoing. Annual conference; quarterly workshops (local)
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: PR program, custom marketing materials

Franchise Ranking History

Franchise 500®: #254 (2012), #322 (2011), #236 (2010), #245 (2009), #147 (2008),
Fastest-Growing: #35 (2008),