Century 21 Franchise Opportunity

About Century 21

Established in 1971, Century 21 has become a global leader in the real estate industry. The franchise system has been offering real estate sales office franchises since 1972 and has grown to over 12,000 units worldwide. Headquartered in Madison, New Jersey, Century 21 operates under the parent company Anywhere Real Estate Services Group LLC.

Why Choose Century 21?

Century 21 provides a robust and proven system that supports franchisees with a powerful brand and comprehensive resources.

• Established Brand: Leverage the internationally recognized Century 21 brand to build your real estate enterprise.
• Extensive Training: Benefit from comprehensive training programs through the International Leadership Academy (ILA).
• Ongoing Support: Receive continuous assistance and updates to the Century 21 system, ensuring you stay ahead in the competitive real estate market.
• Networking Opportunities: Participate in periodic networking events and education programs designed to enhance your business.

Investment Overview

The initial investment for a Century 21 franchise can vary depending on whether you're converting an existing real estate office or starting a new one.

• Estimated Total for Conversion Office: $32,870 - $279,000
• Estimated Total for Start-Up Office: $114,370 - $466,300

Additional costs may include leasehold improvements, technology systems, signage, office supplies, and marketing campaigns. For a detailed breakdown, please download the full Franchise Disclosure Document (FDD).

Training and Support

The International Leadership Academy (ILA) offers an in-person initial session, followed by subsequent virtual sessions over a calendar year. The program aims to provide franchisees with the skills and knowledge needed to succeed. Additionally, Century 21 offers ongoing support through:

• Regular bulletins and written materials
• Electronic communication and phone consultations
• On-site visits and personal consultations

Territory and Restrictions

Franchisees operate exclusively from the office(s) identified in their Franchise Agreement. Century 21 guarantees that no other franchisee will be within a 1/4-mile radius, although franchisees are free to seek listings and buyers in any area.

Financial Obligations

Franchisees must meet certain quality service standards and may face various fees, such as royalty fees, brand marketing fund fees, and audit fees. Detailed financial obligations include:

• Royalty Fee: 6% of gross revenue
• Brand Marketing Fund (BMF) Fee: 0.50% of gross revenue
• Minimum Monthly Royalty Fee: $500/month
• International Leadership Academy (ILA) Fee: $399 per attendee

Term and Renewal

The initial franchise term lasts 10 years from the opening date. Renewals are negotiable, and the franchisor may require signing a new current franchise agreement or a Term Extension Addendum with different terms.

Ready to Explore the Opportunity?

If you're interested in becoming a Century 21 franchisee and want to learn more details, including in-depth costs and fees, we encourage you to download the full Franchise Disclosure Document (FDD) or fill out the free information request form on this page.

Key Takeaways

• Established and reputable real estate brand
• Diverse training and support resources
• Potential investment range: $32,870 - $466,300
• Franchise term: 10 years with negotiable renewal

Explore the Century 21 franchise today and become part of a globally recognized real estate network!

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