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Apartment Selector P. O. Box 8355
Dallas, TX 75205-0060
800#: (800) 324-3733 Tel: (214) 361-4420 Fax: (214) 361-8677
E-Mail: [email protected]
Web Site: www.aptselector.com
Contact: Mr. Kendall A. Laughlin, President
APARTMENT SELECTOR is the nation's oldest and largest FREE apartment and home rental service. Our fee is paid by apartment owners. Extensive training systems for agents and management. Referral network called Official Relocation Network.
Franchisor Background
Established: 1959
First Franchise: 1983
Franchise Units: 24
Company-Owned Units: 0
Total Units: 24
Distribution:
U.S. -- 24;
Canada -- 0;
International -- 0
-North America -- Operations in 6 States
-States/Provinces with Greatest Density: 8 in TX
Projected New Units Over Next 12 months: 2
Franchisee Qualifications: 3, 3, 4, 3, 1, 1
(Click here for an explanation)
Registered in Following Registration States: All States (Click here for an explanation)
Average Number of Employees: 3 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs: 250 SF; SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $3K+
Total Investment: $NR
Average Total Investment: $-1.0K
Minimum Net Worth: $NA
Fees:
-Franchise: $2.5-10K
-Average Franchise Fee: $6.3K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 3/3
Passive Ownership: Discouraged
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 3
On-Going Support: c,d,E,g,h,I (Click here for an explanation)
Training: 1 Week Dallas, TX.
Franchisor's Specific Expansion Plans
U.S.: Southeast, West
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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