#137
Initial Investment
LOW: $50,000
HIGH: $364,700
Change in Units
+7.2% +30 UNITS (1 Year)
+10.6% +44 UNITS (3 Years)
Fund Your Franchise with Guidant
Learn how to invest your IRA or 401k into a franchise. ($50k min)
Promoted Opportunities
Company Profile
Founded
1969
Franchising Since
2000 (16 Years)
Corporate Address
225 Littleton Rd. Morris Plains, NJ 07950
CEO
Denise Smith
About Weichert Real Estate Affiliates Inc.
Jim Weichert opened his first real estate office in Chatham, New Jersey, in 1969. He began franchising in 2000, and today the company is based in Morris Plains, New Jersey. Franchisees help customers buy and sell both residential and commercial real estate, and streamline the delivery of mortgages and home and title insurance.
Financials
Financial Requirements
Initial Investment
$50,000 - $364,700
Net-worth Requirement
$150,000
Ongoing Fees
Initial Franchise Fee
$25,000
Ongoing Royalty Fee
6%
Ad Royalty Fee
2%
Franchise 500® Rank History
Highest Rank: 137
Lowest Rank: 322
Units (Locations)
Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.
Operations & Franchisor Support
Training Onsite: 2 days
Training at headquarters: 5 days
Additional Training: Annual conference; quarterly workshops (local)
Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Field Operations
Marketing Support
Co-op Advertising
Regional Media
National Media
Absentee Ownership Allowed
Number of employees required to run: 5
Related Franchises
Related Articles
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.
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.
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.
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.
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.
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: August 19th, 2016
Reprints & LicensingUpdate Your Listing
Submit New Listing
Doubletree by Hilton
Knights Inn