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Coldwell Banker Commercial
1 Campus Dr.
Parsippany, NJ 07054-0656


Submit an online form to receive information from Coldwell Banker Commercial.
Business Description

COLDWELL BANKER COMMERCIAL is one of the largest commercial franchise operations, with affiliates offering clients comprehensive buying, selling, leasing, acquisition, disposition and management services.

Franchisor Background

Year Established:  1906

Franchising Since:  1996

Operating Units:

Franchised Units:

257

99.6%
Company-Owned Units:10.4%
 
Total Operating Units:
258
100.0%
 
Geographic Distribution:
U.S.:258100%In 32 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
258
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. California45
2. Florida22
3. Texas19

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth: $
Cash Investment:$
Total Investment:$29.7-529.4K
Average Total Investment:$283K
 
Fees:
Initial Franchise Fee:$20
Average Franchise Fee:$20K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:2%
 
Average Number of Employees: Varies Full-time, 0 Part-time

Space Needs (in square footage): 1,000

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:4
General Business Experience:4
Specific Industry Experience:5
Formal Education:4
Psychological Profile:4
Personal Interview(s):4
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Not Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 25
Site Selection Assistance?No
Lease Negotiation Assistance?No
Financial Assistance?No
 
Marketing Support:
Co-Op Advertising:Yes
National Advertising:Yes
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:Not Applicable
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:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Parsippany2 Days
2. On-Site1-2 Days
3. InternetVaries
 
Expansion Plans
 
Projected New Units Over Next 12 months:

U.S.:

Yes, All United States
Canada:Yes, All Canada
Overseas:Yes, All Countries
Submit an online form to receive information from Coldwell Banker Commercial.