CENTURY 21 Franchise Cost in India: How to Open, Requirements, Business Model, Profit Share

At this time, everyone has a vision of kickstarting their business with a branded company. The best and most valuable way to invest money in business is the “FRANCHISE” model. If you have money and time so beginning a franchise model can be an interesting and Golden opportunity for all entrepreneurs in India. This is a very great example of the enter the real estate industry. Yes, we are talking about Century 21 which is famous for the well-known and respected real estate Business model. This year, Century 21 has offered a great and Profitable business model for all entrepreneurs.

Are you ready to invest in the Century 21 Franchise model but don’t know the information about it? Well, in this blog, we have shared detailed information about the CENTURY 21 Franchise Cost in India like Investment requirements, profit margin, Business Model, how to open Century 21 Franchise, Inquiry Contact Number, etc. Let’s read this post to the end very carefully.

Century 21 Franchise Business Model

Every investor is excited to be a part of the Century 21 Franchise and start their own business with this well-known company. So make sure, you must have perfect information about the Century 21 Franchise Business Model. In this section, we have put the information about its Business Model. In 1972, the Century 21 franchise was introduced. Since then, the business has over 13,200 franchised broker offices that are separately run. Because of its well-proven franchise model and well-known brand globally, the Century 21 real estate franchise offers its franchisees advantageous options.

Having a Century 21 franchise allows you to operate your company efficiently while receiving ongoing support from the franchisor. Apart from being one of the most well-known real estate brands globally, they are also well-known for their charitable contributions.

For 30 years, “Century 21 Real Estate LLC” has collaborated with the Easter Seals, especially to financially assist adults and children with disabilities to lead efficient, independent lives. Providing outstanding real estate services to buyers and sellers in your local market is the foundation of the company strategy. With Century 21, you can run your own real estate company while getting help and direction from the franchisor. This blend of support from a recognized brand and independence is possible.

CENTURY 21 Franchise Cost in India: How to Open, Requirements, Business Model, Profit Share

CENTURY 21 Franchise Cost & Profit In India – Overview

Article Topic CENTURY 21 Franchise Cost in India
Business Model The Real Estate Broker
Industry Real Estate & Services
Kind of Organization Private
Head Office Delhi
Founded By Arthur E. Bartlett
Founded In (year) 1971
Master Franchise Model No
Franchise Tenure 5 years
Franchise Location All India
Business Set-Up Time 3 Months
No. of Franchise Outlets 1000+
Franchise Commencement Year 2014
Investment Cost & Profit Details available below

Investment Cost to Start CENTURY 21 Franchise Business

The most important thing is What is the Century 21 Franchise Investment Requirement? Everyone is confused about the investment cost of this business model. So, here check out the mentioned table for Investment Costs:-

Investment Details Cost (INR)
Initial Investment 8Lacs  – 15Lacs
Franchise Fee 3Lacs
Infrastructure Investment Rs.4 Lakhs – Rs.6 Lakhs
Inventory & Supplies 5Lacs to – 10Lacs
Marketing & Advertising 4Lacs to – 8Lacs
Training 10Lacs – 15Lacs
Technology Fee 5 Lacs per month
Royalty Fee 6% of gross revenue
Ad Royalty Fee 1.5% of gross revenue from property management services
Marketing/Ad Fee 6 Lacs per month
Local Store Marketing 2% – 3% of gross sales

CENTURY 21 Franchise – Profit Margin

In any Franchise Model, Profit – Margin is a very important factor. Many entrepreneurs are thinking about investing in the Century 21 Franchise model. In the below section, we have shared the Profit – Margin details in the below table:-

Profit Margin Ranging 25% to 40%
Franchisee Commission Approx. 90%
Brands Royalty Approx. 10%

NOTE:- It is essential to have a strong clientele, offer first-rate customer support, and efficiently handle your running costs if you want to increase your profit margin. Franchisees may build a successful and long-lasting business by utilizing the Century 21 brand and the franchisor’s assistance.

Basic Requirments to Setup Century 21 Franchise

Let’s check out the Century 21 basic requirements in the below-mentioned table:-

Office/ Unit Area 500 – 1000 Sq. Ft.
Employee Strength 5 to 10
Computer/ Internet Connectivity Compulsory
Reception area Compulsory
Waiting Lounge Optional
Office Furniture Compulsory
Cafeteria Optional
Recreational Activity Space Optional
Model Flats / Experience Rooms Optional
Parking facility Optional
Airconditioner Compulsory
CCTV Set-up Compulsory

How to Open a Century 21 Franchise in 2024?

In this section, you can explore the step-by-step guidance to open the Century 21 Franchise in India. Let’s follow the given mentioned steps only:-

  1. The most important factor to open the Century 21 real estate franchise, you must have a net worth of more than $100,000.
  2. Entrepreneurs must consider the costs of licenses and permits, the cost of insurance, etc.
  3. Before applying to become a Century 21 franchise owner, you should carefully assess your previous business experience.
  4. Make sure, you should check the market availability for Century 21 franchises to determine whether there are any open markets in the area of interest.
  5. Your application will be examined by the franchise team of Century 21.
  6. After your online application is received, you will get an email confirming receipt from us with the franchise owner’s contact information.
  7. Franchise permission will be granted to you when your background and financial investigations are finished.
  8. Only applicants who fully satisfy the standards of franchise owners will be approved.
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