Business Description

CASTLES UNLIMITED is the originator of the 100% Plus Commission Marketing Program which accelerates real estate broker production and competitiveness. The company also encourages brokers in Massachusetts to call to investigate special alliances.

Franchisor Background

Year Established:  1985

Franchising Since:  1990

Operating Units:
Franchised Units:	2	66.7%
Company-Owned Units:	1	33.3%
Total Operating Units:	3	100.0%
Geographic Distribution: U.S.: 3 100% In 1 States Canada: 0 0% In 0 Canadian Provinces International: 0 0% In 0 Foreign Countries   Total: 3 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. Massachusetts	5

Registered in Following Registration States:

Financial Requirements

Investment:
Minimum Net Worth:	$100K
Cash Investment:	$10-25K
Total Investment:	$15-30K
Average Total Investment:	$22K
Fees:
Initial Franchise Fee:	$11K
Average Franchise Fee:	$11K
On-Going Royalty:	4.5%
Average Royalty:	4%
Advertising Fee:	1%

Average Number of Employees: 10 Full-time, 5 Part-time

Space Needs (in square footage): 1,500

Preferred Sites: Storefront

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	2
General Business Experience:	2
Specific Industry Experience:	5
Formal Education:	3
Psychological Profile:	3
Personal Interview(s):	4
Terms of Contract
Term of Initial Contract:	10 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Allowed, But Discouraged
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	No
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	2
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	Yes, Direct
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	At Additional Cost
Field Operation Evaluation:	Included in Fees
Field Training:	At Additional Cost
Initial Store Opening:	At Additional Cost
Inventory Control:	At Additional Cost
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	Included in Fees
800 Telephone Hotline:	Included in Fees
Training:
1. Newton, MA	2 Days
Expansion Plans
Projected New Units Over Next 12 months: 10 U.S.: Yes, New England Canada: Yes, All Canada Overseas: Yes, All Countries	Request Franchisor Info   Submit an online form to receive information from Castles Unlimited.