Flat Rate Realty

Real estate

Background

Founded: 2004 Franchising since: 2005

245 Mt. Herman Rd. #M-404
Scotts Valley, California 95060

Phone:
(831)426-3800

Franchisor is a publicly-held company with 15 employee(s); 4 employee(s) in franchise department.

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2008	17	1	0	3
2007	17	1	0	3
2006	12	0	0	4
2005	N/A	N/A	N/A	3

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada, Mexico

Exclusive territories available.
Territory size: 5-mile radius

Costs and Fees

Total investment: $20.5K-43.5K
Franchise fee: $10K

Ongoing royalty fee: $500/mo.
Term of agreement: 5 years, renewable

Type of Financing Available

	In-House	Third Party
Franchise Fee	Yes	No
Startup Costs	No	No
Equipment	No	No
Inventory	No	No
Accounts Receivable	No	No
Payroll	No	No

Qualifications
Net worth requirement: $25K
Cash liquidity requirement: $45K
Business Experience:

Real estate broker's license or partner with license

Operations

Franchise can be run from home
20% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)