Business Description

Real estate franchisor for the State of Indiana, offering marketing, recruiting, training and relocation leads for franchisees. Number one company in Indiana and recently named # 10 brand name of independently owned companies.

Franchisor Background

Year Established:  1918

Franchising Since:  1989

Operating Units:
Franchised Units:	33	68.8%
Company-Owned Units:	15	31.3%
Total Operating Units:	48	100.0%
Geographic Distribution: U.S.: 48 100% In 3 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 48 100.0%

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

Density	Units
1. Indiana	46

Registered in Following Registration States: Florida, Illinois, Indiana

Financial Requirements

Investment:
Minimum Net Worth:	$25K
Cash Investment:	$100-200K
Total Investment:	$125-250K
Average Total Investment:	$188K
Fees:
Initial Franchise Fee:	$0
Average Franchise Fee:	$0K
On-Going Royalty:	6%
Average Royalty:	6%
Advertising Fee:	0%

Average Number of Employees: 1-2 Full-time, 3 Part-time

Space Needs (in square footage): 1,500

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

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:	5
Specific Industry Experience:	5
Formal Education:	3
Psychological Profile:	4
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	6 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:	3
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:	Not Applicable
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Not Applicable
Training:
1. Indianapolis, IN	2 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 3-4 U.S.: Yes, IN, Surrounding States Canada: No Overseas: No	Request Franchisor Info   Submit an online form to receive information from Tucker Associates.