Coldwell Banker Commercial FDD Summary
Type of Business
The franchise is for a commercial real estate brokerage offering with defined real estate brokerage services from a specified location under the name Coldwell Banker Commercial®.
Corporate Information
Coldwell Banker Real Estate LLC, d/b/a Coldwell Banker Commercial Affiliates is a California limited liability company, originally incorporated on July 16, 1981, and converted to a limited liability company on July 2, 2007. They are a direct wholly owned subsidiary of Realogy Group LLC. Their principal business address is 175 Park Avenue, Madison, NJ 07940.
Investment
The total investment necessary to begin operation of a Coldwell Banker Commercial® real estate franchise is approximately $37,450 to $114,500 for a conversion real estate office, and $327,950 to $785,000 for a start-up real estate office. This includes $7,500 to $20,000 that must be paid to the franchisor or an affiliate, as an initial franchise fee. The initial franchise fee for a commercial franchise is $20,000 for the first office, $10,000 for the second office, and $7,500 for each additional office.