ERA Franchise Systems LLC

ERA Franchise Systems LLC

Not Ranked

Initial Investment

LOW: $47,700
HIGH: $209,900

Change in Units

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Company Profile

Founded

1971

Franchising Since

1972 (44 Years)

Corporate Address

175 Park Ave. Madison, NJ 07940

CEO

Charlie Young

Parent Company

ERA Financial Corp.

About ERA Franchise Systems LLC

Since its founding in 1971, ERA has helped homebuyers, sellers and renters with all their real estate needs. In addition to listing homes and providing other brokerage services, the company provides such special services as utility transfer, connection and disconnection.

Financials

Financial Requirements

Initial Investment

$47,700 - $209,900

Net-worth Requirement

$150,000

Liquid Cash Requirement

$75,000

Ongoing Fees

Initial Franchise Fee

$25,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

ERA Franchise Systems LLC offers in-house financing to cover the following: franchise fee, startup costs, equipment

Franchise 500® Rank History

  • 2006 - 33
  • 2008 - 43
  • 2010 - 131
  • 2013 - 373

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 1 week

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Internet
Field Operations

Marketing Support
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: June 16th, 2014

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