Better Homes Realty
1777 Botelho Dr., # 390
Walnut Creek, CA 94596-8181
-
(800) 642-4428
/
(925) 937-9001
- (925) 988-2770 (Fax)
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 |
100.0% |
| Company-Owned Units |
0 |
0.0% |
| Total Operating Units |
43 |
100% |
Geographic Distribution
| USA |
43 |
100.0% |
In 1 States
|
| Canada |
0 |
0.0% |
In 0 Provinces
|
| International |
0 |
0.0% |
In 0 Foreign Countries
|
| Total |
43 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| California |
43 |
Registered in the following Registration States
California
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Support and Training
General Information
| IFA Member |
No |
| CFA Member |
No |
| Franchisee Association? |
No |
| Size of Corporate Staff |
7 |
Site Selection
Assistance |
N/A |
| Lease Negotiation Assistance |
N/A |
| Financial Assistance |
Yes, Direct |
Marketing Support
| Co-Op Advertising |
No |
| National Advertising |
No |
| Regional Advertising |
No |
| Local Advertising |
No |
Ongoing Support
| Central Data Processing |
N/A |
| Central Purchasing |
N/A |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
N/A |
| Inventory Control |
N/A |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Included |
| 800 Telephone Hotline |
Included |
Training
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Financial Requirements
Investment
| Minimum Net Worth |
N/A |
| 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% |
Site Information and Requirements
| Average Number of Full-Time Employees |
N/A |
| Average Number of Part-Time Employees |
0 |
| Space Needs (in square feet) |
None
|
| Preferred Site Types |
|
| Encourages Conversions |
Yes |
| Item 19 (Earnings Claim) Provided? |
Yes |
| Listed in the SBA Registry? |
No |
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Franchisee Qualifications
| Financial Net Worth |
3 |
| General Business Experience |
3 |
| Specific Industry Experience |
3 |
| Formal Education |
2 |
| Psychological Profile |
1 |
| Personal Interviews |
1 |
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Terms of Contract
| Term of Initial Contract |
5 |
| Term of Renewal Period |
5 |
| Passive Ownership? |
Allowed, but discouraged |
Area Development
Agreements? |
No
|
Sub-Franchisor
Contracts? |
Yes |
| Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
| Projected New Units Over Next 12 Months |
10 |
| USA |
Yes, West |
| Canada |
No |
| Overseas |
No |
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Request Information for Better Homes Realty
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