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Castles Unlimited
837 Beacon St.
Newton Centre, MA 02459
800#: (888) 887-0777
Tel: (617) 964-3300
Fax: (617) 244-5847
E-Mail: [email protected]
Web Site: www.castlesunltd.com
Contact: Mr. James D. Lowenstern, President
CASTLES UNLIMITED is the originator of the 100% Plus Commission Marketing Program which accelerates real estate broker production and competitiveness. The company also encourages brokers in Massachusetts to call to investigate special alliances.
Franchisor Background
Established: 1985
First Franchise: 1990
Franchise Units: 2
Company-Owned Units: 1
Total Units: 3
Distribution:
U.S. -- 5;
Canada -- 0;
International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 5 in MA
Projected New Units Over Next 12 months: 10
Franchisee Qualifications: 2, 2, 5, 3, 3, 4
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 10 FT, 5 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,500 SF; SF
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $10-25K
Total Investment: $15-30K
Average Total Investment: $22.5K
Minimum Net Worth: $100K
Fees:
-Franchise: $11K
-Average Franchise Fee: $11.0K
-Royalty: 4.5%
-Average Royalty: 4.5%
-Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(D)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: 2
On-Going Support: b,C,d,e,f,G,H,I (Click here for an explanation)
Training: 2 Days at Newton, MA.
Franchisor's Specific Expansion Plans
U.S.: New England
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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