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Home >> Real Estate >> Roommate Referral/Rental
| Apartment Selector P. O. Box 8355 Dallas, TX 75205-0060 |
Submit an online form to receive information from Apartment Selector.
|
Business Description
APARTMENT SELECTOR is the nation's oldest and largest FREE apartment and home rental service. Our fee is paid by apartment owners. Extensive training systems for agents and management. Referral network called Official Relocation Network.
Franchisor Background
Year Established: 1959
Franchising Since: 1983
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Average Number of Employees: 3 Full-time, 3 Part-time
Space Needs (in square footage): 250
Preferred Sites: Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
APARTMENT SELECTOR is the nation's oldest and largest FREE apartment and home rental service. Our fee is paid by apartment owners. Extensive training systems for agents and management. Referral network called Official Relocation Network.
Franchisor Background
Year Established: 1959
Franchising Since: 1983
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 24 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 24 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Texas | 8 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $NA |
| Cash Investment: | $3K+ |
| Total Investment: | $10K |
| Average Total Investment: | $10K |
| Fees: | |
| Initial Franchise Fee: | $2.5-10K |
| Average Franchise Fee: | $6K |
| On-Going Royalty: | 5% |
| Average Royalty: | 5% |
| Advertising Fee: | 1% |
Space Needs (in square footage): 250
Preferred Sites: Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 3 | ||||||||
| General Business Experience: | 3 | ||||||||
| Specific Industry Experience: | 4 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 1 | ||||||||
| Personal Interview(s): | 1 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 3 Year(s) | ||||||||
| Term of Renewal Period: | 3 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | No | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | No | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 3 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | No | ||||||||
| Financial Assistance? | No | ||||||||
| 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: | At Additional Cost | ||||||||
| Field Training: | At Additional Cost | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | At Additional Cost | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Dallas, TX | 1 Week | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Apartment Selector.
|
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