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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. Catherine Prevost, Manager Franchise Sales
Established identity, legal hot line support, no institutional advertising fee, franchise cap each calendar year, excellent corporate support, free renewal, corporate advertising, hands-on regional support, turnkey marketing solutions, technology and training.
Franchisor Background
Established: 1964
First Franchise: 1969
Franchise Units: 43
Company-Owned Units: 0
Total Units: 43
Distribution:
U.S. -- 43;
Canada -- 0;
International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 43 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 (Click here for an explanation)
Average Number of Employees: NA (FT = Full Time, PT = Part Time)
Space Needs: NA SF; NA
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $10-60K
Total Investment: $NA
Average Total Investment: $-1.0K
Minimum Net Worth: $NA
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: NA
Lease Negotiation Assistance: NA
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
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.
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