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Her Real Estate
77 E. Nationwide Blvd.
Columbus, OH 43215-2539
800#: (800) 848-7400
Tel: (614) 459-7400
Fax: (614) 459-5417
E-Mail: [email protected]
Web Site: www.herrealtors.com
Contact: Mr. Jim O'Brien, Director of Franchising
Personalized approach to real estate financing. Brokers keep their own identity and marks of franchisor do not detract or dominate. On-location educational opportunities. Franchisee offered exclusive territory, test-marketed, award-winning marketing tools and techniques. Support program through field representation, continuing education and other unique educational opportunities.
Franchisor Background
Established: 1976
First Franchise: 1981
Franchise Units: 11
Company-Owned Units: 21
Total Units: 32
Distribution:
U.S. -- 32;
Canada -- 0;
International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 32 in OH
Projected New Units Over Next 12 months: 6
Franchisee Qualifications: , , , , ,
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: NR (FT = Full Time, PT = Part Time)
Space Needs: NR SF; NA
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $NR
Total Investment: $9.3-103K
Average Total Investment: $56.2K
Minimum Net Worth: $NR
Fees:
-Franchise: $2.5-80K
-Average Franchise Fee: $41.3K
-Royalty: 5%
-Average Royalty: 5.0%
-Advertising: 1%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 5/5
Passive Ownership: Not Allowed
Area Development Agreements: No
Sub-Franchising Contracts: Yes
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: NA
Lease Negotiation Assistance: No
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: NR
Size Of Corporate Staff: 22
On-Going Support: D,E,F,G,H,I (Click here for an explanation)
Training: 2 Weeks Headquarters.
Franchisor's Specific Expansion Plans
U.S.: OH Only
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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