Coldwell Banker Real Estate LLC

Coldwell Banker Real Estate LLC

Not Ranked

Initial Investment

LOW: $52,470
HIGH: $493,550

Change in Units

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Company Profile

Founded

1906

Franchising Since

1982 (34 Years)

Corporate Address

175 Park Ave. Madison, NJ 07940

CEO

Jim Gillespie

Parent Company

Sears Roebuck & Co.

About Coldwell Banker Real Estate LLC

In the wake of the 1906 San Francisco earthquake, Colbert Coldwell saw how many real estate agents took advantage of victims and decided there was a need for knowledgeable, reliable agents. That same year, he founded his company and in 1914 was joined by Benjamin Arthur Banker, who became a full partner. Today, Coldwell Banker agents handle residential, luxury, resort and commercial real estate sales.

Financials

Financial Requirements

Initial Investment

$52,470 - $493,550

Net-worth Requirement

$150,000

Ongoing Fees

Initial Franchise Fee

$250,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2.5%

Financing Options

Coldwell Banker Real Estate LLC offers in-house financing to cover the following: franchise fee, startup costs

Franchise 500® Rank History

  • 2006 - 19
  • 2008 - 48
  • 2011 - 90

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states:
See List

Operations & Franchisor Support

Training Onsite: 1-2 days

Training at headquarters: 4 days

Additional Training: Ongoing training at other locations & via the Internet

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations

Marketing Support
Ad Slicks
Regional Media
National Media

Absentee Ownership Allowed

Related Franchises

Related Articles

Don't Choose a Franchise Until You've Talked to People Who Already Own It

Don't Choose a Franchise Until You've Talked to People Who Already Own It

Some lessons you shouldn't learn the hard way, like how a company treats the owners of its franchises.
Tom Scarda, CFE
This Latest Food Mashup May Have Gone Too Far

This Latest Food Mashup May Have Gone Too Far

The world's a strange place. A place where self-driving cars came before a hotdog-hamburger food combo and Cheetos Chicken Fries.
Entrepreneur Staff
Be Your Own Boss: Insights From 3 Successful Franchisees

Be Your Own Boss: Insights From 3 Successful Franchisees

Want to shake things up and set out on your own? Here, business owners share their personal insights, explaining why – and how – they took the plunge themselves.
Entrepreneur Partner Studio Staff
20 Signs You Might Need a New Franchise Coach

20 Signs You Might Need a New Franchise Coach

Conduct your due diligence on selecting a franchise coach helping you and beware of any of these warning signs.
Rick Bisio
Ways To Choose The Right Franchise To Expand Your Business

Ways To Choose The Right Franchise To Expand Your Business

Franchises are appealing to business leaders who intend to rapidly take their businesses to the next level.
Alka Gupta

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

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012