Coldwell Banker Commercial
Yes, we actively support the inclusion and development of minority-owned franchises in the Coldwell Banker Commercial system.
Coldwell Banker Commercial
1 Campus Dr.
Parsippany, NJ 07054-0656
800#: (800) 222-2162
Tel: (973) 428-4700
Fax: (973) 796-0199
E-mail: greg.sexton@cendant.com
Web Site: www.coldwellbankercommercial.com
Contact: Mr. Greg Sexton, SVP Franchise Sales
COLDWELL BANKER COMMERCIAL is one of the largest commercial franchise operations, with affiliates offering clients comprehensive buying, selling, leasing, acquisition, disposition and management services.
Franchisor Background
Established: 1906
First Franchise: 1996
Franchise Units: 425
Company-Owned Units: 0
Total Units: 425
Distribution:
> North America -- Operations in 32 States
> States/Provinces with Greatest Density: 13 in CA, 9 in TX, 5 in PA
Units Owned by Minorities:
>African-American: N/A
>Hispanic: N/A
>Asian-American: N/A
>Native American: N/A
>Other:
Average Number of Employees: Varies (FT = Full Time, PT = Part Time)
Space Needs: 1,000 SF; FS, SF, SC,
(for abbreviations click here)
Financial Requirements
Cash Investment: $NR
Total Investment: $37.2-529.4K
Average Total Investment: $283K
Minimum Net Worth: $NR
Fees
>Franchise: $NR
>Average Franchise Fee: $-1K
>Royalty: 6%
>Advertising: $950/Mo/Off
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10
Passive Ownership: Not Allowed
Area Development Agreements:No
Sub-Franchising Contracts: No
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:No
Lease Negotiation Assistance: No
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes
Size Of Corporate Staff: NR
On-Going Support: A,C,D,E,G,H,I (for an explanation click here)
Training: 1-2 Days On-Site.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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