2/10

Franchimp Summary Rating

2 /10
Higher than 82% of peers

Franchise Summary

Description
The franchised business being offered is KELLER WILLIAMS® market centers, involving the delivery of real estate brokerage services and other services.
Company Background
Keller Williams Market Centre is a real estate company that delivers brokerage services and other home-related services. We have developed a distinctive business system that involves the delivery of real estate brokerage services, and other services through Keller Williams Market centre. The tone of voice for this company should be professional as it is aimed at higher class clientele who want to invest in property.
Franchise Opportunity
Traditional real estate brokerage services are often slow, inconvenient, and expensive. You deserve better. Keller Williams offers a unique business system that delivers real estate brokerage services quickly, conveniently, and affordably. With Keller Williams, you'll get the best of both worlds - the convenience of online services combined with the personal touch of a local agent. We're committed to providing the highest quality service at an affordable price.
Corporate Structure
The franchisor is Keller Williams Realty, LLC, a Texas limited liability company with its principal business at 1221 South Mopac Expressway, Suite 400, Austin, Texas 78746.
Royalties and Marketing Fees

Royalties : 6.0% of revenue

Royalties : Up to ?% of monthly Gross Revenues

Royalties : Up to ?% of monthly Gross Revenues

Earnings Transparency

1 /10
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Keller Williams (Market Center) Franchisees

Keller Williams (Market Center) Franchise System Development in 2024

FAQ

How much investment do I need to start my own Keller Williams (Market Center) business?
Franchisees typically require at least $182,430 to $335,697 investment to get their Keller Williams (Market Center) business started
What are the initial franchise fees for Keller Williams (Market Center)?
Franchisees typically need to pay at least $35,430 in fees directly to Keller Williams (Market Center) in order to earn the right to launch their business
How much money can I make with a Keller Williams (Market Center) franchise? What are the average revenues for a typical Keller Williams (Market Center) business?
We haven’t done the math on how much revenue a typical Keller Williams (Market Center) brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect Keller Williams (Market Center) to generate a similar amount
How long do I need to commit to running a Keller Williams (Market Center) unit? What is my contractual commitment?
Keller Williams (Market Center) franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

2 /10
The Franchisor's investment costs ranges from $182,430 to $335,697 which is Much Higher than the $0 to $0 average in the Real Estate industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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