Get Franchise Bundle
Get Full Bundle:
$99 $79
$79 $49
$49 $29

TOTAL:

Description
Investment Icon

What Are the Initial Investment Requirements for an EXiT Realty Franchise?

To start an EXiT Realty franchise, you should anticipate an initial investment ranging from $62,800 to $212,000. This includes a franchise fee between $7,500 and $25,000. Additionally, you’ll need to have a net worth of at least $100,000 to $500,000 and maintain cash reserves within the same range. These figures are essential for covering startup costs, such as office setup and initial marketing efforts.

Fees Icon

What Are the Ongoing Fees Associated with an EXiT Realty Franchise?

As an EXiT Realty franchisee, you will be responsible for ongoing fees, including a royalty fee of 10% on your gross revenue and a marketing fee of 12%. These fees contribute to the brand's overall marketing efforts and support services that help you grow your business. It's important to factor these costs into your financial planning to understand your potential profitability.

Revenue Icon

What Is the Average Revenue Potential for an EXiT Realty Franchise?

The average annual revenue per unit for an EXiT Realty franchise is approximately $18,285,857, with the lowest reported revenue being $14,810,618 and the highest reaching $18,285,857. This revenue potential can vary based on location, market conditions, and individual franchisee performance. Understanding these figures can help you assess the financial viability of joining the EXiT Realty network.

Breakeven Icon

How Long Does It Take to Break Even with an EXiT Realty Franchise?

Franchisees can expect a breakeven period of about 18 months, with an investment payback timeline of approximately 24 months. This means that, on average, it could take you a year and a half to recover your initial investment through profits. Knowing this timeline is crucial for planning your finances and setting realistic expectations for your franchise journey.

EXiT Realty 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.

Net Worth Required icon The minimum total assets (minus liabilities) you must possess.

i Net Worth Required:

$100,000 - $500,000
Investment Payback icon The estimated period to recoup your total investment.

i Investment Payback:

24 Months
Franchise Fee icon The initial fee paid to join the franchise system.

i Franchise Fee:

$7,500 - $25,000
Royalty Fee icon Ongoing percentage of revenue paid to the franchisor.

i Royalty Fee:

10%
Marketing Fee icon Regular contribution toward the franchise’s advertising fund.

i Marketing Fee:

12%
Breakeven Time icon The estimated timeframe to recover your initial costs.

i Breakeven Time:

18 Months
Initial Investment icon The total amount required to launch the franchise.

i Initial Investment:

$62,800 - $212,000
Cash Required icon The minimum liquid capital you must have on hand.

i Cash Required:

$62,800 - $212,000
Average Revenue icon The typical yearly revenue generated per franchise location.

i Average Revenue:

$30,000
Median Revenue icon The middle value of yearly revenue among franchise locations.

i Median Revenue:

$18,285,857
Highest Revenue icon The largest reported annual revenue among franchisees.

i Highest Revenue:

$18,285,857
Lowest Revenue icon The smallest reported annual revenue among franchisees.

i Lowest Revenue:

$14,810,618
Industry icon A broad sector defining similar types of franchise businesses.

i Industry:

Real Estate Franchises
Category icon A more specific division within the broader industry.

i Category:

Residential Brokerage
Leadership icon The key individuals guiding the franchise’s strategy and growth.

i Leadership:

Tami Bonnell
Corporate Address icon The official business address of the franchisor’s headquarters.

i Corporate Address:

400 TradeCenter Suite 5900 Woburn, MA 01801
Funding Year icon Available financing options to help start the franchise.

i Funding Year:

2000
Parent Company icon The main organization that owns the franchise brand.

i Parent Company:

W&B Abbott, Inc.

EXiT Realty Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes.

The overall number of operating franchise locations.

Total Units i

30
The number of locations owned by independent franchisees.

Franchised Units i

30
The number of locations owned and run by the franchisor.

Corporate Units i

0
Units 2020 2021 2022
Total Units 27 29 30
Net Change YoY 2 1
Franchised Units 27 29 30
Net Change YoY 2 1
Corporate Units 0 0 0
Net Change YoY
Investment About

Franchise Overview

EXIT Realty is a dynamic real estate franchise that focuses on empowering agents with the tools and support they need to succeed. Established to create a unique culture and business model, EXIT Realty stands out in the competitive real estate market by offering a strong commission structure and a focus on agent development. With a commitment to innovation and excellence, EXIT Realty aims to provide exceptional service to clients while fostering a supportive community among its franchisees.

Potential About

Investment Requirements

To become an EXIT Realty franchisee, the initial investment ranges from $62,800 to $212,000, making it accessible for aspiring entrepreneurs. The franchise fee varies between $7,500 and $25,000, depending on the specific location and agreement. Potential franchisees must also meet a net worth requirement between $100,000 and $500,000, ensuring that they have the financial stability to support their business operations.

Metrics About

Royalty and Marketing Fees

EXIT Realty franchisees are required to pay a royalty fee of 10% of gross sales, which contributes to ongoing support and resources provided by the franchisor. Additionally, there is a marketing fee of 12% that helps fund brand promotion and advertising efforts, ensuring franchisees benefit from a strong brand presence in the market.

Fees About

Revenue Potential

The average annual revenue per EXIT Realty unit is approximately $30,000, with a median revenue of $18,285,857. This indicates a significant earning potential for franchisees, especially when considering the highest annual revenue recorded at $18,285,857. However, it's essential for franchisees to actively engage in their business to maximize revenue opportunities.

Breakeven About

Operational Performance

EXIT Realty has shown steady growth in franchised units, increasing from 27 in 2020 to 30 in 2022. Despite the challenges in the real estate market, the franchise has maintained a consistent operational presence. The average operating expenses total around $2,832,133, emphasizing the importance of managing costs effectively to achieve profitability.

Units About

Breakeven and Payback

Franchisees can expect a breakeven period of approximately 18 months, allowing them to recover their initial investment relatively quickly. The investment payback period is estimated at 24 months, providing a clear timeline for potential returns on investment. This data supports the franchise's viability as a business opportunity for motivated entrepreneurs.

Frequently Asked Questions

The initial investment for an EXiT Realty franchise ranges from $62,800 to $212,000, depending on various factors such as location and setup costs.