16 frequently asked questions answered with data from the 2023 Franchise Disclosure Document.
The total initial investment to open a Coldwell Banker Real Estate franchise ranges from $30K to $497K (2023 FDD). This includes the franchise fee, equipment, build-out, inventory, and working capital needed before opening.
View full investment analysisThe initial franchise fee for Coldwell Banker Real Estate is $25K (2023 FDD). This one-time fee is paid to the franchisor when signing the franchise agreement and covers the right to use the brand, systems, and initial training.
View full investment analysisData sourced from the Coldwell Banker Real Estate 2023 Franchise Disclosure Document (FDD). Always review the most current FDD and consult with a franchise attorney before making investment decisions.
Yes, a Coldwell Banker Real Estate franchise requires a physical location (2023 FDD). Franchisees will need to lease or purchase commercial real estate, which is a significant component of the total investment.
View full investment analysisColdwell Banker Real Estate charges a royalty fee of 5.5% of gross sales (2023 FDD). This ongoing fee is typically paid weekly or monthly to the franchisor for continued use of the brand and support systems.
View full fees analysisThe total ongoing fee rate for a Coldwell Banker Real Estate franchise is approximately 6.0% of gross sales (2023 FDD). This includes the royalty fee, a 0.5% marketing/advertising fund contribution, a $0/month technology fee, and other recurring charges.
View full fees analysisColdwell Banker Real Estate has been involved in 6 litigation cases over the past 3 years (2023 FDD). There are currently 6 pending cases. There is at least one class action lawsuit pending.
View full litigation analysisNo, the Coldwell Banker Real Estate franchisor has no bankruptcy filings in their disclosure history (2023 FDD).
View full litigation analysisColdwell Banker Real Estate offers non-exclusive territory rights to its franchisees (2023 FDD). The franchise agreement does not include encroachment protection. Franchisees retain online sales rights for their territory.
View full territory analysisColdwell Banker Real Estate currently operates 1,992 locations (2023 FDD) (1,388 franchised, 604 company-owned). The system contracted by 2.0% over the past year. The 3-year compound annual growth rate is -1.9%.
View full growth analysisThe 1-year franchisee turnover rate for Coldwell Banker Real Estate is 4.0% (2023 FDD). This includes closures, terminations, non-renewals, and transfers. A lower turnover rate generally indicates higher franchisee satisfaction and system stability.
View full growth analysisColdwell Banker Real Estate does not include an Item 19 financial performance representation in their FDD (2023 FDD). This means the franchisor has chosen not to disclose revenue, profit, or other financial figures in the Franchise Disclosure Document.
View full financials analysisThe initial franchise agreement term for Coldwell Banker Real Estate is 10 years (2023 FDD). The total potential term is 10 years.
View full contract analysisColdwell Banker Real Estate's post-termination non-compete clause restricts former franchisees from operating a competing business for 0 years within 0 miles of the former location (2023 FDD).
View full legal analysisNo, Coldwell Banker Real Estate's franchise agreement does not require mandatory arbitration (2023 FDD). Disputes may be resolved through litigation.
View full legal analysisColdwell Banker Real Estate provides 6 hours of initial training over approximately 1 weeks (2023 FDD). The cost of training is covered by the franchisor (travel and lodging are typically the franchisee's responsibility). Ongoing field support is provided on a as-needed basis.
View full support analysisYes, Coldwell Banker Real Estate provides site selection assistance to help franchisees find the right location (2023 FDD). The franchisor also provides technology support and systems.
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