Christie's International Real Estate offers luxury real estate brokerage franchises with a $35,000 franchise fee and total investment ranging from $64,475 to $443,125. The system is small with only 36 total outlets (33 franchised, 3 company-owned) and has experienced high turnover, with units declining from 39 in 2023 to 36 in 2024. The franchise has a 6% royalty rate on gross revenue and requires significant real estate industry experience. The system faces multiple pending class action lawsuits related to real estate listing practices. Territory protection is offered through Protected Territories based on zip codes, but rights are non-exclusive. The initial term is 10 years with one 10-year renewal option. No financial performance representations are provided in Item 19, making it difficult to assess potential profitability. The franchise requires full-time owner involvement as a licensed real estate broker.
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Total startup costs, working capital, and financial requirements
Training, marketing support, technology, and operational assistance
Royalty, marketing, technology, and other ongoing fees
Revenue data, P&L estimates, and financial projections
Lawsuits, disputes, and legal risk assessment
Territory rights, term length, non-compete, and transfer rules
82 legal provisions scored on a franchisee-friendliness scale
Unit growth trends, exit rates, and system trajectory
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