Next Generation Realty

next generation franchise opportunity Next Generation Realty is a full service real estate company offering real estate at an affordable price. Next Generation Realty bases their fees on the value of their services, not the value of the home. They operate on three basic principles: One low flat fee, paid at the closing of the transaction, a service and results oriented program in writing to the seller, a ‘no cost, no hassle’ listing that can be cancelled at any time.

Background

Year Established: 1994
Year Franchised: 1994
# Franchises Sold: 7
# Franchises Open: 7
# Masters Sold: 1
# Masters Open: 1

Financial / Terms

Singles:

Cash Liquidity: $40K
Min. Net Worth: $200K
Total Investment: $30K-150K
Franchise Fee: $19.9K
Ad Fee: 3%
Royalty: 4.5%
Avg. # Employees: 3
Passive Ownership Allowed: Possibly, as long as certain qualifications are met

Masters:
Cash Liquidity: $50K
Min. Net Worth: $250K
Total Investment: $1501.1K-397.8K
Franchise Fee: $95K-267.7K
Franchise Fee Split: 50/50
Royalty Split: 50/50

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