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Assist-2-Sell Franchise ProfileReal Estate Franchises > Residential Brokerage |
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.
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.
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.
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.
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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 |
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.
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.
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.
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.
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.
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.