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Better Homes Realty
1777 Botelho Dr., # 390
Walnut Creek, CA 94596-8181
800#: (800) 642-4428
Tel: (925) 937-9001
Fax: (925) 988-2770
E-Mail: [email protected]
Web Site: www.bhr.com
Contact: Ms. Florence Stevens, Vice President
Established identity, legal hot line support, no institutional advertising fee, franchise cap each calendar year, excellent corporate support, free DRE renewal, corporate advertising, hands-on regional support.
Franchisor Background
Established: 1964
First Franchise: 1969
Franchise Units: 42
Company-Owned Units:
Total Units: 42
Distribution:
U.S. -- 40;
Canada -- 0;
International -- 0
�North America -- Operations in 1 State
�States/Provinces with Greatest Density: 39 in CA
Projected New Units Over Next 12 months:10
Franchisee Qualifications:3, 3, 3, 2, 1, 1
(Click here for an explanation)
Registered in Following Registration States: CA
Average Number of Employees: N/A (FT = Full Time, PT = Part Time)
Space Needs: N/A SF; N/A
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $10-60K
Total Investment: $N/A
Average Total Investment: $-1.0K
Minimum Net Worth: $N/A
Fees
�Franchise: $9.95K;
�Average Franchise Fee: $10.0K
�Royalty: 6% w/Cap/4.5%
�Average Royalty: 6.0%
�Advertising: 0%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Allowed
Area Development Agreements: NR
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
Franchisee Association / Member: No
Size Of Corporate Staff: 7
On-Going Support: b,C,D,G,H,I (Click here for an explanation)
Training: Varies. 0.5-1 Day.
Franchisor's Specific Expansion Plans
U.S.: West
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
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