THE REAL ESTATE DÁTABASE BUSINESS FRANCHISE OFFER
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By investing in a Real Estate Database (RED) franchise; you will be granted an exclusive license to use our RED system, images, trademarks and other intellectual property for the purpose of operating an online RED business in your country. We provide a "single region/country operator" franchise model, which means that only one franchisee can operate in a designated country. This typically includes:
- A 5 year franchise term that is renewable
- An initial fee for the value of the franchise.
- Monthly royalties as a percentage total turnover/sales.
All fees and payments will vary according to factors such as the size of the regional market, the historical volume of sales from the website and the current status of the real estate industry in your region.
The initial franchise fee will also vary from region to region and can range from $5,000 to $10,000. We will be able to provide specific information regarding this during our franchise recruitment process. However the major point to note about our overall strategy is that we believe in a "Start Small Grow Big" approach. A complete list of fees will be provided to you in our RED Franchise Disclosure Document and Franchise Agreement. We also require a franchisee to obtain independent business advice and accounting advice before they enter into a franchise agreement. The RED has been promoting properties in Uganda for over 10 years. We're committed to the global real estate market and all related business opportunities. We are Uganda's largest network of real estate websites, with more than 50 agencies and developers whose websites are linked directly to the RED and to other real estate portals. We are confident that our franchisees will benefit from the strength of the RED brand and also its technology. The strongest aspect of the RED is the ability to interlink (sync) several real estate websites in order to create a pool of 1000s of properties in one place, this is the factor that is at the heart of our success. Every successful business is built on a solid foundation. And that's precisely what we give our franchisees: Comprehensive training, head office support, online alliances, and standardized systems, tools and processes are what we bring to the table.
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