3% Realty

Real estate
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Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$47K - $79K
Units as of 2023
50 Increase 38.9% 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
Corporate Address 874 Walker Rd., #C
Dover, DE 19904

Business Overview

Franchising Since 2012 (11 years)
# of employees at HQ 355
Where seeking

This company is offering new franchisees throughout the US.

This company is offering new franchisees worldwide.

# of Units 50 (as of 2023)

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 Information Circle
$42,000
Initial Investment Information Circle
$47,200 - $79,300
Net Worth Requirement Information Circle
$50,000 - $65,000
Veteran Incentives Information Circle
10% off franchise fee
Royalty Fee Information Circle
3%
Term of Agreement Information Circle
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? Information Circle
Yes
Can this franchise be run part time? Information Circle
Yes
Are exclusive territories available? Information Circle
Yes
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Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022