3% Realty
Real estate
- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$47K - $79K
- Units as of 2023
-
50 38.9% over 3 years
Company Overview
About 3% Realty
| Industry | Services (Other) |
|---|---|
| Related Categories | Real Estate |
| Founded | 2008 |
| Parent Company | Simply Full Service Realty LLC |
| Leadership | Roy Almog, Founder |
| Corporate Address | 874 Walker Rd., #C Dover, DE 19904 |
Business Overview
| Franchising Since | 2012(11 years) |
|---|---|
| # of employees at HQ | 355 |
| Where seeking | This company is offering new franchisees throughout the US. This company is offering new franchisees worldwide. |
| # of Units | 50(as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a 3% Realty 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
|
$42,000 |
|---|---|
| Initial Investment
|
$47,200 - $79,300 |
| Net Worth Requirement
|
$50,000 - $65,000 |
| Veteran Incentives
|
10% off franchise fee |
| Royalty Fee
|
3% |
| Term of Agreement
|
5 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 | 3% Realty offers in-house financing to cover the following: inventory |
|---|---|
| Third Party Financing | 3% Realty 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.
| Classroom Training | 16 hours |
|---|---|
| Ongoing Support |
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
Social Media
SEO
Website Development
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
| Can this franchise be run from home/mobile unit?
|
Yes |
| Can this franchise be run part time?
|
Yes |
| Are exclusive territories available?
|
Yes |
Additional Rankings
Curious to know where 3% Realty ranked on other franchise lists? Find out below.
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