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Entrepreneur: Start & Grow Your Business

Global Choice Real Estate

Real estate

Background

Founded: 2004 Franchising since: 2005
2150 S. 1300 E., #500
Salt Lake City, Utah 84106
Phone:
(866)973-6777


Franchisor has 3 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 3 0 0 1
2008 3 0 0 1
2007 3 0 0 1
2006 3 0 0 1
2005 2 0 0 1

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, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories not available.
Territory size: By ZIP code; 25,000-60,000 population

Costs and Fees

Total investment: $16K-166K
Franchise fee: $7.5K
Ongoing royalty fee: $295-795/mo.
Term of agreement: 5 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Cash liquidity requirement: $20K
Business Experience:
  • Industry experience
  • General business experience
  • Principal brokers license

Operations
  • Franchise can be run from home
  • Number of employees needed to run franchised unit: 1 - 3
  • Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 3 days
  • At franchisee's location: 3 days
  • Ongoing as needed

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Field operations/evaluations

Marketing Support
  • Ad slicks
  • Regional advertising

Other marketing support
  • Company website & agent websites