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Entrepreneur: Start & Grow Your Business

Bridge Business & Property Brokers Inc.

Business/commercial brokerage, mergers & acquisitions, financing

Background

Founded: 2004 Franchising since: 2005
60 Knickerbocker Ave.
Bohemia, New york 11716
Phone:
(888)614-6592


Franchisor is a privately-held company with 30 employee(s); 8 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 4 0 0 19
2006 2 0 0 10
2005 9 0 0 1

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, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.
Territory size: TBD

Costs and Fees

Total investment: $38K-63K
Franchise fee: $25K
Ongoing royalty fee: 6%
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Cash liquidity requirement: $25K

Operations
  • Franchise can be run from home
  • 33% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 1 - 4
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • Available at headquarters: 1 week

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

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