Benham REO Group

Foreclosed-property sales
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$12K - $32K
Units as of 2012
86

Company Overview

About Benham REO Group

Industry
Services (Other)
Related Categories
Real Estate
Founded
2004
Leadership
Jason Benham, CEO

Franchising Overview

Franchising Since
2007 (15 years)
# of employees at HQ
25
Where seeking

This company is seeking new franchisees in the following US states:

# of Units
86 (as of 2012)

Franchisor Information

Corporate Address
8410 Pit Stop Ct. N.W., #140
Concord, NC 28027

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Benham REO Group 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
$6,500 - $9,500
Initial Investment
$11,800 - $31,750
Net Worth Requirement
$10,000
Cash Requirement
$5,000
Royalty Fee
$195/transaction
Term of Agreement
10 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
Benham REO Group offers in-house financing to cover the following: franchise fee

Training & Support Offered

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

Classroom Training
1 week
Ongoing Support
Newsletter
Online Support
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
National Media

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
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