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Realty Executives Int'l. Inc.

Real estate

Background

Founded: 1965 Franchising since: 1973
4435 E. Chandler Blvd., #200
Phoenix, Arizona 85048
Phone:
(800)252-3366/ (602)957-0747


Franchisor has 15 employee(s); 4 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 585 67 55 0
2007 697 60 48 0
2006 736 45 30 0
2005 698 37 35 0

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: Negotiable

Costs and Fees

Total investment: $20.4K-89K
Franchise fee: $1K-20K
Ongoing royalty fee: $50/licensee
Term of agreement: 5 years, renewable
Express/kiosk option available

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: $20K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • 25% of all franchisees own more than one unit
  • Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 5 days
  • Ongoing training available at semi-annual meetings

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

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

Rankings

Franchise 500® rank:
#179 (2009); #63 (2006); #73 (2005);

Fastest-Growing Franchises:
#37 (2006); #44 (2005);

Low-Cost Franchises:
#36 (2009); #16 (2006); #17 (2005);

America's Top Global Franchises:
#140 (2009); #58 (2006); #64 (2005);


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