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Assist-2-Sell Franchise ProfileReal Estate Franchises > Residential Brokerage |
What Are the Initial Investment Requirements for an Assist-2-Sell Franchise?
To open an Assist-2-Sell franchise, you will need to prepare for an initial investment ranging from $12,520 to $33,995. This includes a franchise fee of $2,995. Additionally, you should be aware of ongoing costs like a 5% royalty fee and a 1% marketing fee. It's essential to have a cash reserve of $12,520 to $33,995 and a net worth between $100,000 and $200,000 to meet the financial criteria for franchise ownership.
What Is the Average Revenue Potential for Assist-2-Sell Franchisees?
Assist-2-Sell franchisees can expect an average annual revenue of around $80,000, with a median of $50,000. The revenue can vary significantly, with some units generating as low as $35,000 and others achieving as much as $1,193,300. Understanding these figures can help you gauge the potential profitability of your franchise investment and set realistic financial goals.
What Are the Typical Operating Costs for an Assist-2-Sell Franchise?
The average running expenses for an Assist-2-Sell franchise total approximately $14,250 annually. This includes costs for advertising and marketing, miscellaneous opening costs, additional funds for the first three months, office rent or mortgage payments, utilities, and management salaries. Keeping a close eye on these expenses is crucial for maintaining profitability and ensuring that your franchise operates smoothly.
How Long Does It Take to Break Even with an Assist-2-Sell Franchise?
Franchisees can expect to reach their breakeven point within about 24 months of operation. This timeline aligns with the investment payback period, indicating that careful financial planning and effective management can lead to profitability within a relatively short timeframe. Understanding this aspect can help you prepare for the initial phase of your franchise journey and set expectations accordingly.
Assist-2-Sell Franchise Financial Requirements
Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.
The minimum total assets (minus liabilities) you must possess.
Net Worth Required:
The estimated period to recoup your total investment.
Investment Payback:
The initial fee paid to join the franchise system.
Franchise Fee:
Ongoing percentage of revenue paid to the franchisor.
Royalty Fee:
Regular contribution toward the franchise’s advertising fund.
Marketing Fee:
The estimated timeframe to recover your initial costs.
Breakeven Time:
The total amount required to launch the franchise.
Initial Investment:
The minimum liquid capital you must have on hand.
Cash Required:
The typical yearly revenue generated per franchise location.
Average Revenue:
The middle value of yearly revenue among franchise locations.
Median Revenue:
The largest reported annual revenue among franchisees.
Highest Revenue:
The smallest reported annual revenue among franchisees.
Lowest Revenue:
A broad sector defining similar types of franchise businesses.
Industry:
A more specific division within the broader industry.
Category:
The key individuals guiding the franchise’s strategy and growth.
Leadership:
The official business address of the franchisor’s headquarters.
Corporate Address:
Available financing options to help start the franchise.
Funding Year:
The main organization that owns the franchise brand.
Parent Company:
Assist-2-Sell Franchise Unit Growth Summary
A breakdown of corporate, franchised, and total units, with yearly net changes.
Total Units
Franchised Units
Corporate Units
| Units | 2020 | 2021 | 2022 |
|---|---|---|---|
| Total Units | 126 | 122 | 116 |
| Net Change YoY | -4 | -6 | |
| Franchised Units | 125 | 121 | 115 |
| Net Change YoY | -4 | -6 | |
| Corporate Units | 1 | 1 | 1 |
| Net Change YoY | 0 | 0 |
Investment Overview
Assist-2-Sell offers a low initial investment range of $12,520 to $33,995, making it accessible for aspiring entrepreneurs. The franchise fee is set at $2,995, with a royalty fee of 5% on gross sales and a marketing fee of 1%. This competitive pricing structure provides a solid foundation for new franchisees to enter the real estate market with manageable upfront costs.
Financial Performance
Franchisees can expect an average annual revenue of $80,000 per unit, with a median revenue of $50,000. The revenue can vary significantly, with the highest reported annual revenue reaching $1,193,300. The breakeven point for new units is estimated at 24 months, allowing franchisees to recoup their investments relatively quickly.
Operational Costs
The average running expenses for an Assist-2-Sell franchise total approximately $14,250 annually. Key expenses include office rent or mortgage payments at $3,000, utilities at $1,000, and salaries for management and administrative staff at $2,000. Effective management of these costs is crucial for maintaining profitability.
Franchise Growth
Assist-2-Sell has demonstrated stability in its franchise growth, with 125 franchised units in 2020, decreasing to 115 by 2022. This trend indicates a need for strategic marketing and support to attract new franchisees while retaining existing operators. The consistent presence of one corporate unit each year underscores the brand's commitment to its franchise network.
Support and Training
Assist-2-Sell provides comprehensive training and ongoing support to its franchisees, ensuring they are equipped with the necessary tools and knowledge to succeed in the competitive real estate market. This support includes marketing assistance, operational guidance, and access to proprietary systems that streamline processes and enhance customer service.
Market Position
As a unique player in the real estate franchise sector, Assist-2-Sell differentiates itself by offering a low-cost, commission-free model. This approach appeals to both home buyers and sellers looking for budget-friendly options. The brand's commitment to transparency and customer satisfaction positions it favorably within the industry, attracting a diverse clientele.
Frequently Asked Questions
The initial investment for an Assist-2-Sell franchise ranges from $12,520 to $33,995, which includes a franchise fee of $2,995.