Six Sylvan Way
Parsippany, NJ 07054
800#:
Tel: (973) 496-5757
Fax: (973) 496-5908
E-Mail:
Web Site: www.coldwellbanker.com
Contact: Mr. Jose Perez, SVP Franchise Sales
Established in 1906, the company has 91 years of real estate experience. The system includes over 2,565 franchised offices and more than 52,000 sales associates and employees in North America. COLDWELL BANKER has maintained a steadfast commitment to leadership in customer service. International real estate franchising.
Franchisor Background
| Established: |
1906; |
First Franchise: |
1982 |
| Franchise Units: |
2954 |
| Company-Owned Units: |
0 |
| Total Units: |
2954 |
Distribution:
U.S. -- 2341;
Canada -- 224;
International -- 0
> North America -- Operations in 50 States,11 Provinces
> States/Provinces with Greatest Density: 237 in CA, 138 in IL, 125 FL
|
| Projected New Units Over Next 12 months: 225 |
| Franchisee Qualifications: 4, 4, 5, 3, 2, 4
(for an explanation
click here) |
| Registered in Following Registration States: All States |
| Average Number of Employees: NR (FT = Full Time, PT = Part Time) |
| Space Needs: N/A SF; FS, SF, SC
(for abbreviations click here) |
Financial Requirements
| Cash Investment: |
$11.1-55.4K |
|
| Total Investment: |
$15.1-56.8K; |
|
Average Total Investment: |
$36K |
|
| Minimum Net Worth: |
$N/A |
|
| Fees: |
Franchise: |
$7.5-20K; |
Average Franchise Fee: |
$13K |
|
Royalty: |
6% |
|
Advertising: |
2.5% |
| Provide Earning Claim Statement: No
|
Terms of Contract
| Term of Contract (Years): |
10/10 |
| Passive Ownership: |
Not Allowed |
| Encourage Conversions: |
Yes |
| Area Development Agreements: |
No |
| Sub-Franchising Contracts: |
No |
| Expand In Territory: |
Yes |
Franchisor Support and Training Provided
| Financial Assistance: |
Yes(D) (D = Direct; I = Indirect; B = Both) |
| Site Selection Assistance: |
No |
| Lease Negotiation Assistance: |
N/A |
| Cooperative Advertising: |
Yes |
| Franchisee Assoc. / Member: |
Yes |
| Size Of Corporate Staff: |
200 |
| On-Going Support: |
C,d,G,h,I
(for an explanation click
here) |
| Training: |
1 Week Coldwell Banker Systems Orientation. |
Franchisor's Specific Expansion Plans
| U.S.: |
All United States |
| Canada: |
All Canada |
| Overseas: |
All Countries |
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.