This local franchise business launched in 2010, is a leading real estate publication. It has experienced exceptional growth in the past few years - from start-up to approximately $250,000 in annual revenue.

It currently operates in the Kitchener/Cambridge/Waterloo area. It also has exclusive rights for Guelph and further west towards Grand Bend (not currently active in these areas).

The magazine is published 13x per year. Sales per issue are almost $20,000. Ads sell from approximately $200 to $700 per ad (more for double page ads).

The business is not run full-time by the current owner (the owner has other business interests) and the owner feels that a fully engaged owner/operator can grow this business to the next level.

The Franchise:

The franchise is a leading advertiser of homes for sale in North America. For over 30 years their publications have helped connect top real estate professionals with home buyers and sellers. They also offer Realtor's an opportunity to brand themselves in the marketplace and to differentiate themselves from other agents.

The franchise is a network of more than 300 magazines. Brand recognition is very high - each year they publish approximately 60 million magazines covering thousands of communities across the United States and Canada. Their experience and scope have made them one of the most recognized and trusted brand names in the real estate industry.

In addition to their print magazines, the franchise has an excellent internet presence. They have been posting real estate listings online since 1992. Today, their online services are a vital part of the marketing program that they provide to their clients.

The franchise royalty is 10.5% of sales. There is also an $18/page fee.

The franchisor has negotiated printing contracts so all of the printing is done through them.

A new program recently launched by the franchisor is lead generation via telephone that they do for the ...