Coldwell Banker Commercial
- Coldwell Banker Real Estate Corporation
- CD
1 Campus Dr.
Parsippany, NJ 07054-06
-
(800) 222-2162
/
(973) 428-4700
- (973) 796-0199 (Fax)
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 |
244 |
99.6% |
| Company-Owned Units |
1 |
0.4% |
| Total Operating Units |
245 |
100% |
Geographic Distribution
| USA |
244 |
86.5% |
In 32 States
|
| Canada |
19 |
6.7% |
In 4 Provinces
|
| International |
19 |
6.7% |
In 19 Foreign Countries
|
| Total |
282 |
100% |
|
Multi-Unit Operators
| Multi-Unit Operators |
N/A |
| Franchises Owned by Multi-Unit Operators |
N/A |
North American Unit Density
| Density |
Units |
| California |
40 |
| Florida |
23 |
| Texas |
19 |
Registered in the following Registration States
California, Hawaii, Indiana, Maryland, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
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Support and Training
General Information
| IFA Member |
Yes |
| CFA Member |
No |
| Franchisee Association? |
Yes, is a member |
| Size of Corporate Staff |
25 |
Site Selection
Assistance |
Yes |
| Lease Negotiation Assistance |
Yes |
| Financial Assistance |
Yes, Indirect |
Marketing Support
| Co-Op Advertising |
Yes |
| National Advertising |
Yes |
| Regional Advertising |
Yes |
| Local Advertising |
Yes |
Ongoing Support
| Central Data Processing |
Included |
| Central Purchasing |
N/A |
| Field Operation Evaluation |
Included |
| Field Training |
Included |
| Initial Store Opening |
Included |
| Inventory Control |
N/A |
| Franchisee Newsletter |
Included |
| Regional or National Meetings |
Included |
| 800 Telephone Hotline |
Included |
Training
| Parsippany, NJ |
2 Days |
| On-Site |
1-2 Days |
| Internet |
Varies |
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Financial Requirements
Investment
| Minimum Net Worth |
$250K |
| Cash Investment |
$30-101K |
| Total Investment |
$29.7-101.4K |
| Average Total Investment |
$66K |
Fees
| Initial Franchise Fee |
$20K |
| Average Franchise Fee |
$20K |
| On-Going Royalty |
6% |
| Average Royalty |
6% |
| Advertising Fee |
2% |
Site Information and Requirements
| Average Number of Full-Time Employees |
Varies |
| Average Number of Part-Time Employees |
0 |
| Space Needs (in square feet) |
1,000
|
| Preferred Site Types |
Free Standing Building, Storefront, Strip Center
|
| Encourages Conversions |
Yes |
| Item 19 (Earnings Claim) Provided? |
No |
| Listed in the SBA Registry? |
No |
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Franchisee Qualifications
| Financial Net Worth |
4 |
| General Business Experience |
4 |
| Specific Industry Experience |
5 |
| Formal Education |
4 |
| Psychological Profile |
4 |
| Personal Interviews |
4 |
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Terms of Contract
| Term of Initial Contract |
10 |
| Term of Renewal Period |
10 |
| Passive Ownership? |
Allowed |
Area Development
Agreements? |
No
|
Sub-Franchisor
Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? |
Yes |
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Expansion Plans
| Projected New Units Over Next 12 Months |
N/A |
| USA |
Yes, All United States |
| Canada |
Yes, All Canada |
| Overseas |
Yes, All Countries |
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