How much does a Help-U-Sell franchise cost?
- Initial Franchise Fee: $17,750
- Total Investment: $29,650 to $67,650
- Working Capital: $3,000 to $7,500
- Royalty Fee: 6.0%
What is the franchise fee?
How long is a franchise agreement?
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Who is the founder of Help U Sell?
Do franchisors have in-house financing?
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Which franchise is cheapest to own?
12 best low-cost franchises for aspiring business ownersCruise Planners. Franchise fee: $10,995. ... Fit4Mom. Franchise fee: $5,495 to $10,495. ... Chem-Dry. Franchise fee: $23,500. ... Jazzercise. Franchise fee: $1,250. ... Stratus Building Solutions. ... SuperGlass Windshield Repair. ... Mosquito Squad. ... Pillar to Post Home Inspectors.More items...•
What is the total cost to start franchise?
How much does it cost to start your own franchise? Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. The price all depends on the industry, location and type of franchise.
How much does a franchise academy cost?
Before starting a Academy Leadership franchise, it is important to know the franchise fee, working capital and other costs required to start the business. The minimum investment amount required to open a Academy Leadership franchise is $39,500 and can go all the way up to $58,500.
How do you price a franchise?
Franchise marketing fees are usually based on your monthly revenue. For instance, if your average monthly revenue is $25, 000, and the franchisor charges a 2% marketing fee, you'll have to pay your franchisor $500. (That's $6, 000 annually.)
What does a KFC franchise cost?
For non-traditional KFC outlets, KFC charges an initial license fee of $22,500. For traditional KFC franchise agreements, the franchise (or initial license) fee is $45,000 split into the deposit fee and the option fee.
What is McDonald's franchise fee?
McDonald's franchisee applicants must have a minimum of $500,000 available in liquid assets and pay a $45,000 franchise fee. Those looking to launch a new McDonald's franchise can expect to shell out between $1,314,500 and $2,306,500. Existing franchise prices can cost upwards of $1 million or more.
How much does a Kiddie Academy owner make?
It's one of the main reasons our franchisees are so successful." Kiddie Academy reported average gross revenue of $1.7 million in 2019 from 179 mature locations, those open for two years or more, with an average gross profit of $454,668.
Is Academy of Learning a franchise?
Founded as a franchise system in 1987, Academy of Learning® Career College originally specialized in computer and business skills training for adult learners, based on the Integrated Learning™ System (“ILSTM”).
How do franchise owners get paid?
How do franchise owners get paid? Franchise owners can pay themselves a salary or depending on their business entity, they may be able to take a draw from their accumulated equity.
What is Starbucks franchise fee?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
Do franchises pay taxes?
Franchise taxes are paid in addition to federal and state income taxes. The amount of franchise tax can differ greatly depending on the tax rules within each state and is not calculated on the organization's profit. Kansas, Missouri, Pennsylvania, and West Virginia all discontinued their corporate franchise taxes.
Why does it only cost 10k to own a Chick-fil-A?
The franchisee only pays the $10k franchise fee. Chick-fil-A pays for (and retains ownership of) everything — real estate, equipment, inventory — and in return, it takes a MUCH bigger piece of the pie. While a franchise like KFC takes 5% of sales, Chick-fil-A commands 15% of sales + 50% of any profit.
Does it cost $10000 to own a Chick-fil-A franchise?
While operating a Chick-fil-A restaurant requires a relatively modest $10,000 initial financial commitment ($15,000 CAD in Canada), it requires a holistic commitment to own and operate the business in a hands-on manner. We are in the restaurant industry - the quick-service restaurant industry, at that.
How much does a franchise owner make a year?
According to a survey done by Franchise Business Review involving 28,500 franchise owners, the average pre-tax annual income of franchise owners is about 80,000 dollars.
What is Starbucks franchise fee?
What are the Financial requirements for a Starbucks licensed store? You need to pay the licensing fee of between $50,000 – $315,000 and you must have over $1,000,000 in liquid assets to be considered for a licensed store by Starbucks.
How many franchisees own more than one unit?
5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1+ Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)
Who is the founder of Help U Sell?
Don Taylor founded Help-U-Sell as the original fee-for-service real estate company. Instead of charging a percentage commission for a transaction, Help U-Sell offers a menu of services to home sellers and lets them choose services that fit their needs.
What is Help-U-Sell real estate?
Help-U-Sell® Real Estate helps buyers, too. Many of our offices have dedicated buyers’ agents who create a real estate plan for their clients for now and in the future and help them make the best decision about which home to purchase.#N#Learn more about how we work with buyers by watching our Help-U-Sell® Real Estate for Buyers video.#N#Read More
How does Help-U-Sell work?
We never insist on fees based on a percentage of the sales price, allowing consumers to save thousands of dollars compared to what they would have spent on a traditional broker’s fee. Help-U-Sell Real Estate is a full-service, set-fee organization and our licensed professionals manage the entire home sale process from start to finish, including handling all negotiations, providing referrals, showing the seller’s home, and providing expert advice and representation.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
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Who is the founder of Help U Sell?
Don Taylor founded Help-U-Sell as the original fee-for-service real estate company. Instead of charging a percentage commission for a transaction, Help U-Sell offers a menu of services to home sellers and lets them choose services that fit their needs.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
How many Help-U-Sell locations are there?
But expect to compromise on customer service and agent selection. Help-U-Sell is a discount real estate franchise with 79 locations in 19 U.S. states. Its main website advertises low commission fees for home sellers. But because each office is independently owned and operated, actual rates (and savings) will vary by location.
What is Help-U-Sell?
Yes, Help-U-Sell is a legitimate business. Each individual Help-U-Sell franchise is a fully licensed brokerage in the state it operates in. And every Help-U-Sell agent must maintain an active real estate license, as well as membership in the National Association of Realtors (NAR).
How good are Help-U-Sell agents?
All Help-U-Sell agents are fully licensed realtors. They provide the same general range of services as agents at a traditional real estate brokerage — but charge lower rates.
How does Help-U-Sell work?
According to Help-U-Sell, it can offer discounted rates because its offices are "small and efficient," staffed by a "team of specialists that function as a unit in the marketing and selling of your home.".
When did Help-U-Sell go bankrupt?
However, Help-U-Sell filed for bankruptcy in 2008. It's been hemorrhaging local offices ever since.
What is Help-U-Sell?
Help-U-Sell is a discount real estate franchise that can help you sell your home for less than you’d pay with a traditional real estate agent.
How Help-U-Sell works
Help-U-Sell advertises cheap listing fees, then offsets those discounted rates by providing fewer services — or requiring its agents to juggle more customers — compared to traditional, full-service realtors.
Help-U-Sell vs. traditional realtors
All Help-U-Sell franchises and agents are fully licensed. And for the most part, they provide the same basic types of services as traditional realtors.
Help-U-Sell reviews: pros and cons
Since Help-U-Sell is a franchise, fees, service quality, and overall value will vary — often considerably — between locations.
The best Help-U-Sell competitors
Although listing with Help-U-Sell may be cheaper than using a traditional realtor, its fees are relatively middle-of-the-pack compared to other discount brands.
Related links
Looking to sell your house without breaking the bank? Read on to learn about alternatives to Help-U-Sell, as well as how to find the right low commission company for your situation.
FAQs about Help-U-Sell
Help-U-Sell fees vary between offices. Since the company is a franchise, every individual owner-operator sets their commission rates and pricing structure. Selling with Help-U-Sell could cost as little as a flat $2,950 in some areas, but sellers with pricier homes in high-end markets could pay much more.
What is the franchise fee?
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
How long is a franchise agreement?
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
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Never miss a beat when you sign up to receive our newsletter.
Who is the founder of Help U Sell?
Don Taylor founded Help-U-Sell as the original fee-for-service real estate company. Instead of charging a percentage commission for a transaction, Help U-Sell offers a menu of services to home sellers and lets them choose services that fit their needs.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
