Renters Warehouse USA LLC
Property management- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$44K - $107K
- Units as of 2015
-
29
Company Overview
About Renters Warehouse USA LLC
Industry | Business Services |
---|---|
Related Categories | Miscellaneous Business Services,Real Estate,Miscellaneous Services |
Founded | 2007 |
Parent Company | Renters Warehouse |
Leadership | Brenton Hayden, Founder and CEO |
Corporate Address | 4950 78th St. W. Minnetonka, MN 55345 |
Social | Facebook,Twitter |
Business Overview
Franchising Since | 2011(12 years) |
---|---|
# of employees at HQ | 25 |
Where seeking | This company is offering new franchisees worldwide. |
# of Units | 29(as of 2015) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Renters Warehouse USA LLC franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee |
$20,000 - $40,000 |
---|---|
Initial Investment |
$43,510 - $106,785 |
Net Worth Requirement |
$105,000 |
Cash Requirement |
$105,000 |
Veteran Incentives |
$5,000 off franchise fee |
Royalty Fee |
4.5% |
Term of Agreement |
7 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | Renters Warehouse USA LLC offers in-house financing to cover the following: franchise fee, startup costs |
---|---|
Third Party Financing | Renters Warehouse USA LLC has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 5 days |
---|---|
Classroom Training | 5 days |
Ongoing Support |
Purchasing Co-ops
Newsletter
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
Marketing Support |
Co-op Advertising
National Media
Regional Advertising
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit? |
No |
Can this franchise be run part time? |
No |
#运行所需的员工 | 2-3 |
Are exclusive territories available? |
Yes |
Interested in ownership opportunities like Renters Warehouse USA LLC? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
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