Business Description

A cutting-edge residential real estate franchising organization. We offer broker, agent (experience and new), training, secretarial training, assist in recruiting, your own dynamic and interactive Website, intranet, technical support, TV and print advertising. See www.remerica.com and REMERICA FINANCIAL AND TITLE GROUP.

Franchisor Background

Year Established:  1988

Franchising Since:  1990

Operating Units:
Franchised Units:	41	100%
Company-Owned Units:	0	0%
Total Operating Units:	41	100.0%
Geographic Distribution: U.S.: 41 100% In 1 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 41 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Michigan	34

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$25-100K
Cash Investment:	$15-70K
Total Investment:	$20-100K
Average Total Investment:	$60K
Fees:
Initial Franchise Fee:	$10K
Average Franchise Fee:	$10K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	2%

Average Number of Employees: , 0 Part-time

Space Needs (in square footage):

Preferred Sites: Free-standing Building, Storefront, Strip Center, Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	4
Specific Industry Experience:	5
Formal Education:	4
Psychological Profile:	2
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	No
Sub-Franchising Contracts?	No
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	12
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Included in Fees
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Plymouth, MI	20+ Hours
Expansion Plans
Projected New Units Over Next 12 months: 10 U.S.: Yes, All United States Canada: Yes, All Canada Overseas: No	Request Franchisor Info   Submit an online form to receive information from Remerica Real Estate.