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Better Homes Realty

Established identity, legal hot line support, no institutional advertising fee, franchise cap each calendar year, excellent corporate support, free renewal, corporate advertising, hands-on regional support and turnkey marketing solutions, technology, and training.

Franchisor Background

Year Established:

1964

Franchising Since:

1969

Operating Units:
Franchised Units:	43	100%
Company-Owned Units:	0	0%
	______	_____
Total Operating Units:	43	100%

Geographic Distribution:
U.S.:	43	100%	In 1 States
Canada:	0	0%	In 0 Canadian Provinces
International:	0	0%	In 0 Foreign Countries
	______	_____
Total:	43	100%

North America:
States/Provinces with the largest number of operating units:
Density	Units
1. California	43

Registered in Following Registration States:

California

Financial Requirements

Investment:
Minimum Net Worth:	$NA
Cash Investment:	$10-60K
Total Investment:	$61.5K
Average Total Investment:	$61K

Fees:
Initial Franchise Fee:	$9.95K
Average Franchise Fee:	$10K
On-Going Royalty:	6% w/Cap/4.5%
Average Royalty:	6%
Advertising Fee:	0%

Average Number of Employees:

NA Full-time, 0 Part-time

Space Needs (in square footage):

Preferred Sites:

Other Sites:

Encourage Conversions?

Yes

Earnings Claims Provided?

Yes

Listed in the SBA Registry?

Support and Training

International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	No
Size of Corporate Staff:	7
Site Selection Assistance?	Not Applicable
Lease Negotiation Assistance?	Not Applicable
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:	Not Applicable
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Not Applicable
Inventory Control:	Not Applicable
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees

Training:
1. Varies	0.5-1 Day

Franchisee Qualifications

Ranked from 1 (unimportant) to 5 (important):

Financial Net Worth:	3
General Business Experience:	3
Specific Industry Experience:	3
Formal Education:	2
Psychological Profile:	1
Personal Interview(s):	1

Minority Representation

Units Owned by Minorities:
African-American:	N/A
Asian-American:	N/A
Hispanic:	N/A
Native American:	N/A
Other:	N/A
Specific Minority:	N/A

Terms of Contract

Term of Initial Contract:	5 Year(s)
Term of Renewal Period:	5 Year(s)
Passive Ownership:	Allowed
Area Development Agreements?	No
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes

Expansion Plans

Projected New Units Over Next 12 months:

U.S.:	Yes, West
Canada:	No
Overseas:	No

Franchisor Background

Year Established:

Franchising Since:

Operating Units:

Geographic Distribution:

North America: