Coldwell Banker Commercial
Coldwell Banker Commercial
1 Campus Dr.
Parsippany, NJ 07054-0656
800#: (800) 222-2162
Tel: (973) 496-7250
Fax: (973) 496-5639
E-Mail: [email protected]
Web Site: www.coldwellbankercommercial.com
Contact: Mr. David Hardy, SVP Franchise Development
The franchise is for a commercial real estate brokerage office offering real estate brokerage and leasing services from a specified location under the registered name Coldwell Banker Commercial. Coldwell Banker Real Estate Corporation is a subsidiary of Cendant Corportion (NYSE: CD). Cendant is the world's premier provider of business and consumer services.
Franchisor Background
Established: 1906
First Franchise: 1996
Franchise Units: 51
Company-Owned Units: 23
Total Units: 74
Distribution:
U.S. -- 51;
Canada -- 0;
International -- 0
�North America -- Operations in 25 States
�States/Provinces with Greatest Density: 16 in CA
Projected New Units Over Next 12 months:25
Franchisee Qualifications:, , , , ,
(Click here for an explanation)
Registered in Following Registration States: NR
Average Number of Employees: 6 FT (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; FS,SF,SC,PROFBLDG
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $37.15-108.9K
Total Investment: $37.15-108.9K
Average Total Investment: $73.0K
Minimum Net Worth: $50-100K
Fees
�Franchise: $0-27.5K;
�Average Franchise Fee: $13.8K
�Royalty: 6%
�Average Royalty: 6.0%
�Advertising: 1%/$283
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: No
Lease Negotiation Assistance: No
Financial Assistance: NR
Cooperative Advertising: Yes
Franchisee Association / Member: No
Size Of Corporate Staff: 15
On-Going Support: A,C,D,E,G,H,I (Click here for an explanation)
Training: 1-2 Days On-Site.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: All Countries
Note: NR = No Response by Franchisor.
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