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Better Homes Realty
1777 Botelho Dr., # 390
Walnut Creek, CA 94596-8181




Submit an online form to receive information from Better Homes Realty.
Business Description

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:00%
 
Total Operating Units:
43
100.0%
 
Geographic Distribution:
U.S.:43100%In 1 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
43
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. California43

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

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
 
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
 
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. Varies0.5-1 Day
 
Expansion Plans
 
Projected New Units Over Next 12 months: 10

U.S.:

Yes, West
Canada:No
Overseas:No
Submit an online form to receive information from Better Homes Realty.