Area Pro Realty Franchise Inc.

At a Glance

Products & Services: Residential real-estate brokerage

Number of Locations: 14

Total Investment: $23.4K - $42.9K

Founded: 2006

Began Franchising: 2008

Franchise Units

Year U.S. Canadian International Company Owned
2012 14 0 0 0
2011 13 0 0 1
2010 10 0 0 1
Where Seeking Franchisees: Franchisor is seeking new units internationally.

Startup Costs, Ongoing Fees and Financing

Total Investment: $23,400 - $42,900
Franchise Fee: $19,500 - $24,900
Ongoing Royalty Fee: $125/agent/mo.
Term of Franchise Agreement: 3 years, renewable
Financial Requirements
Net Worth: $35,000
Liquid Cash Available: $25,000
Operations
Franchise can be run from home. 40% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 days.
Ongoing Support: Internet
Marketing Support: Ad slicks,

Franchise Ranking History

Top New: #60 (2013),