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Entrepreneur: Start & Grow Your Business

SimplySold Real Estate

Real estate

Background

Founded: 2003 Franchising since: 2006
88 Edgewood Dr.
Hiram, Georgia 30141
Phone:
(866)608-7653


Franchisor is a privately-held company with 8 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 10 0 0 1
2006 6 0 0 1
2005 N/A N/A N/A 1

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South carolina, Tennessee, Texas, United states, Utah, Vermont, West virginia, Wyoming

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $79.8K-182.9K
Franchise fee: $19K-25K
Ongoing royalty fee: Varies
Term of agreement: 5 years, renewable


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

Qualifications
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • Number of employees needed to run franchised unit: 2 - 2
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 5 days

Ongoing Support
  • Toll-free phone line
  • Grand opening
  • Internet
  • Field operations/evaluations

Marketing Support
  • Ad slicks

Other marketing support
  • Brochures, presentations