ERA FDD Summary
Type of Business
The franchise is for a real estate brokerage offering with defined real estate brokerage services from a specified location under the name ERA®.
Corporate Information
ERA Franchise Systems LLC is a Delaware limited liability company, originally incorporated on January 31 1996, and converted to a limited liability company on July 2, 2007. They are a direct wholly owned subsidiary of Realogy Services Group. Their principal business address is 175 Park Avenue, Madison, New Jersey 07940.
Investment
The total investment necessary to begin operation of an ERA® franchise is approximately $47,700 to $219,900 for a real estate office. This includes $7,500 to $25,000 that must be paid to the franchisor or affiliate. The initial franchise fee for a residential franchise is $25,000 for the first office, $7,500 for each additional office.