ReDefy is a Franchise Grade Made The Grade™ franchise, which means it's ranked strongly by our research team.
ReDefy has a franchise fee of up to $30,000, with a overall initial investment range of $67,200 to $530,000.
The initial investment of any franchise opportunity includes many fees. Check out this franchise opportunity to better understand the specific costs required to purchase a ReDefy, such as franchise fees, leasehold improvement costs, grand opening marketing, and furniture and fixtures purchases. It should be noted that, franchise companies must to provide you with details about all initial fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay.
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As with any new franchise, the franchise owner's salary and the profits from a ReDefy business depends on a lot of different factors. One way to validate the potential revenues or profits earned from a ReDefy franchise investment is to analzye the franchisor's Item 19 within their Franchise Disclosure Document. Usually, earnings and owner's income are correspond to the size of the investment and number of locations you purchase. Demand for your products, the labor costs, commercial lease rates and a number of other variables also play a huge role in your profit margin and your personal salary
For more details and system-specific data on the profits of a ReDefy franchise opportunity, unlock this franchise
As of the 2016 Franchise Disclosure Document, there are 6 franchised ReDefy locations across the USA.
Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.
Based on 2016 FDD research, ReDefy has franchise locations in 5 states. There could be no locations in several states as each franchise plans their development strategy differently. Certain states require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to offering franchise opportunities to people residing in that state. These registration states have examiners review a franchisor's FDD to ensure it satisfies state regulatory conditions. In addition to registration states, some other states have enacted supplemental franchise or business opportunity laws that mandate franchise companies to file their franchise within the state. In almost all instances the filing is a notice within the state. Unlike franchise registration states, the franchise filing states do not examine the FDD.
Based on the data collected this franchise is expanding into new regions and might be available near you.
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Last Reviewed: 2016
Sector: Real Estate
Yes, they have an initial training program of 52 hours. This includes 26 hours of classroom training, 26 hours of on-the-job training, and N/A hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.
ReDefy offers territory protections. For an explanation of territory rights, unlock this franchise for important details.
Yes, ReDefy offers comprehensive support for franchisees. Unlock this franchise to find out more.
They began franchising in 2014. The average Brokerage franchise began franchising in 2006.
No, but you can click here to fill out our affordability calculator and understand your financing options.