Realty Direct Franchise Corp.

Real estate

Background

Founded: 2001 Franchising since: 2003
Address:
44075 Pipeline Plaza, #320
Ashburn, Virginia 20147
Phone:
(800)359-5220/ (703)327-2428


Franchisor is a privately-held company with 20 employee(s); 4 employee(s) in franchise department.

Franchise Units
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 23 0 0 0
2007 30 0 0 0
2006 28 0 0 0

Where Seeking Franchisees
Nationwide

Exclusive territories available.
Territory size: By ZIP code/50,000 population

Costs and Fees

Total investment: $33,100 - $47,700
Franchise fee: $19,900
Ongoing royalty fee: 5%
Term of agreement: 6 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
Net worth requirement: $100,000
Cash liquidity requirement: $50,000
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • 15% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 5
  • Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 days
  • At franchisee's location: 1 day

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Internet
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • National media

Other marketing support
  • Templates

Rankings

Franchise 500® rank:
#409 (2008); #459 (2007);

Low-Cost Franchises:
#96 (2008);

Top New Ranking:
#34 (2008); #48 (2007);


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