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Century 21 Canada Limited Partnership is a real estate franchisor with exclusive rights to the Century 21 brand in Canada and is part of the world's largest residential real estate sales organization. Century 21 provides comprehensive training, management, administrative and marketing support for the Century 21 System, which is comprised of more than 7,700 independently owned and operated franchised broker offices in 39 countries and territories.
Franchisor Background
Year Established: 1976
Franchising Since: 1976
Operating Units: |
| Franchised Units: | 400 | | 100% | | |
| Company-Owned Units: | 0 | | 0% | | |
| | ______ | | _____ | | |
| Total Operating Units: | 400 | | 100% | | |
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Geographic Distribution: |
| U.S.: | 0 | | 0% | | In 0 States |
| Canada: | 400 | | 100% | | In 0 Canadian Provinces |
| International: | 0 | | 0% | | In 0 Foreign Countries |
| | ______ | | _____ | | |
| Total: | 400 | | 100% | | |
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North America: |
| States/Provinces with the largest number of operating units: |
| Density | Units | | | | |
| 1. Alberta | 45 | | 2. Ontario | 170 | | 3. Quebec | 51 |
Registered in Following Registration States:
Financial Requirements
Investment: |
| Minimum Net Worth: | $25K |
| Cash Investment: | $50K |
| Total Investment: | $50K-100K |
| Average Total Investment: | $75K |
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Fees: |
| Initial Franchise Fee: | $10.5K-21K |
| Average Franchise Fee: | $16K |
| On-Going Royalty: | varies |
| Average Royalty: | 0% |
| Advertising Fee: | varies |
Average Number of Employees: 10 Full-time, 2 Part-time
Space Needs (in square footage): 3,000
Preferred Sites:
Other Sites:
Encourage Conversions? Not Applicable
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
| International Franchise Association: | No |
| Canadian Franchise Association: | No |
| Franchisee Association/Member: | Yes, Not a Member |
| Size of Corporate Staff: | 42 |
| Site Selection Assistance? | No |
| Lease Negotiation Assistance? | No |
| Financial Assistance? | No |
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Marketing Support: |
| Co-Op Advertising: | No |
| National Advertising: | No |
| Regional Advertising: | No |
| Local Advertising: | No |
| Marketing Materials: | None Specified |
| Additional Services: | None Specified |
| Other Marketing Support: | None Specified |
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On-Going Support: |
| Central Data Processing: | Not Applicable |
| Central Purchasing: | Included in Fees |
| Field Operation Evaluation: | Not Applicable |
| Field Training: | Included in Fees |
| Initial Store Opening: | Not Applicable |
| Inventory Control: | Not Applicable |
| Franchisee Newsletter: | Included in Fees |
| Regional or National Meetings: | Included in Fees |
| 800 Telephone Hotline: | Included in Fees |
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Training: |
| 1. Parsippany, NJ | 5 Days | | 2. local office | 2 Days |
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Franchisee Qualifications
| Ranked from 1 (unimportant) to 5 (important): |
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| Financial Net Worth: | 3 |
| General Business Experience: | 3 |
| Specific Industry Experience: | 3 |
| Formal Education: | 3 |
| Psychological Profile: | 3 |
| Personal Interview(s): | 3 |
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Minority Representation
Units Owned by Minorities: |
| African-American: | 1 |
| Asian-American: | 30 |
| Hispanic: | 4 |
| Native American: | 0 |
| Other: | 30 |
| Specific Minority: | Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time. |
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Terms of Contract
| Term of Initial Contract: | 5 Year(s) |
| Term of Renewal Period: | 5 Year(s) |
| Passive Ownership: | Allowed |
| Area Development Agreements? | No |
| Sub-Franchising Contracts? | No |
| Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: NR
| U.S.: | Yes, All United States, NW & SW or NJ specifically |
| Canada: | No |
| Overseas: | No |
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Franchise News