3% Realty

3% Realty

Real estate
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$45K - $78K
Units as of 2021
48 92.0% over 3 years

Company Overview

About 3% Realty

Industry
Services (Other)
Related Categories
Real Estate
Founded
2008
Parent Company
Simply Full Service Realty LLC
Leadership
Roy Almog, Founder

Franchising Overview

Franchising Since
2012 (10 years)
# of employees at HQ
355
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
48 (as of 2021)

Franchisor Information

Corporate Address
874 Walker Rd., #C
Dover, DE 19904

Information for Franchisees

Here’s what you need to know if you’re interested in opening a 3% Realty franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$42,000
Initial Investment
$44,700 - $78,450
Net Worth Requirement
$50,000 - $65,000
Veteran Incentives
10% off franchise fee
Royalty Fee
3%
Term of Agreement
5 years
Is franchise term renewable?
Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
3% Realty offers in-house financing to cover the following: inventory
Third Party Financing
3% Realty has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
16 hours
Ongoing Support
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
Social Media
SEO
Website Development

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
Yes
Are exclusive territories available?
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021