Coldwell Banker Commercial
Coldwell Banker Commercial
1 Campus Dr.
Parsippany, NJ 07054-0656
800#: (800) 222-2162
Tel: (973) 428-4700
Fax: (973) 796-0199
E-Mail: [email protected]
Web Site: www.coldwellbankercommercial.com
Contact: Mr. Greg Sexton, SVP Franchise Sales
COLDWELL BANKER COMMERCIAL is one of the largest commercial franchise operations, with affiliates offering clients comprehensive buying, selling, leasing, acquisition, disposition and management services.
Franchisor Background
Established: 1906
First Franchise: 1996
Franchise Units: 425
Company-Owned Units: 0
Total Units: 425
Distribution:
U.S. -- 425;
Canada -- 0;
International -- 0
-North America -- Operations in 32 States
-States/Provinces with Greatest Density: 13 in CA, 9 in TX, 5 in PA
Projected New Units Over Next 12 months: NR
Franchisee Qualifications: 4, 4, 5, 4, 4, 4
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: Varies (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; FS, SF, SC,
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $NR
Total Investment: $37.2-529.4K
Average Total Investment: $283.3K
Minimum Net Worth: $NR
Fees:
-Franchise: $NR
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: $950/Mo/Off
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 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: No
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes
Size Of Corporate Staff: NR
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: No
Overseas: No
Note: NR = No Response by Franchisor.
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