How long have you been franchising?
Relocation Strategies® sold its first franchise location in 1999.
How many franchise locations do you have currently?
There are currently 18 Relocation Strategies® locations.
What is the present franchise fee?
The initial franchise fee ranges between $52,000 to $68,000 depending on market size and financing options.
What is the Advertising Fee?
Currently the advertising fee is a percentage of total royalties due, to be contributed by all franchisees to the national advertising cooperative.
Can I sell my franchise?
A franchisee’s business can be sold, with the franchisor’s approval, to a qualified buyer. The necessary steps to re-sell will be outlined in the Franchise Disclosure Document (FDD).
What is the term of the franchise agreement? Can it be renewed?
The term of the franchise agreement is for 10 years and can be renewed for another 10 years at the royalty terms of the then current franchise royalty fee.
What is the continuing royalty fee and how often is it paid?
The present royalty fee is 3% to 6% of gross revenue depending on type of contract. This fee is paid to the franchisor on a monthly basis.
What systems do you have for keeping franchisees in touch with you and each other?
We provide a comprehensive email server system, cloud storage and collaboration tools, as well as a Business CRM tool to aid in reporting and sales efforts; all of which are based at our corporate office in Cincinnati, OH.
What is the total amount needed to invest in a Relocation Strategies® Franchise Fee?
The total investment will be based upon location and relative expenses including; office space, office setup, employee wages, etc. Estimated additional investment cost is 15% - 20% of the Initial Franchise Fee.
How do I learn the business? Is there a training program? What does it cost?
Relocation Strategies® provides a comprehensive training program for you and your personnel included in your franchise fee. Additionally, we will visit your Franchise territory to provide start-up marketing and onboarding support during a one week “Launch & Development” period. Ongoing support and advising is provided from the Relo Franchise Services® team as needed.
Is my territory protected?
Yes, your territory will be protected by zip code and in some cases geographical boundaries.
Do I need to order and buy certain items or equipment directly from the franchisor?
There are no specified items that you need to purchase directly from the franchisor.
How long does it take to open a Relocation Strategies® Franchise office?
The time varies but normally around one to three months from the signing of the franchise agreement.
What do I do next?
Schedule an initial call with Alex Taylor, Director of Franchise Development, or plan to visit to our headquarters in Cincinnati, Ohio to discuss the offering in more detail.
Is financing available?
Yes, we offer internal financing for those who qualify. Also, SBA Lending and private financing is an option for potential franchisees. We work to ensure that all financers are provided with all the necessary information about our company and the franchise model in order to expedite the financing process.
Who are your competitors? What is your advantage?
There are very few equivalent competitors in the U.S. to Relocation Strategies®. There are several companies that provide a portion or singular aspect of the services that we offer, but Relocation Strategies® has a very unique offering in this industry. Our key advantage is experience and client relations.
How will your corporate team support me in the process of choosing my location?
We currently have over 50 cities in the U.S. designated as territories that have the company and/or real estate populous to support a franchise location. Based on your desired market, we can determine whether or not a franchise in your area would be viable. In terms of the actual physical location of your franchise offices, we wIll offer support you in the decision making process to ensure you are positioned in a central location in regards to the territories business needs.
How much money will I make?
Due to Federal Trade Commission Regulations, we are unable to quote exact monetary figures in regards to ROI or profit. However, we are more than willing to share our previous financial information from our current projects as reference.