How much does it cost to open an Ameristate Mortgage Franchise?

Individual Unit Costs

• Initial Investment:

  $5,000-$15,000

• Initial Franchise Fee:

  $55,000 - Financing available

• Royalty Fee:

  .5% of total loan volume originated

• Advertising Fee:

  Zero

Financial Requirements

• Initial Investment ⓘ
  $5,000-$15,000

Ongoing Fees

• Initial Franchise Fee ⓘ
  $55,000
• Ongoing Royalty Fee
  5% of total loan volume originated

Financing Options

Advantages of Owning a Franchise

• Low failure rate:

  When you purchase a franchise, you are buying an established concept that has been successful. Statistics show that franchises have a much better chance of success than independent start-up businesses.

• Business assistance:

  Franchise owners receive valuable assistance throughout the life of their business. Many franchises are, in fact, turnkey operations. When you buy a franchise, you receive all of the equipment, supplies, and instruction needed to start your business. In many cases, you receive ongoing training and help with management and marketing. For example, your franchise will reap the benefit of the parent company's national marketing campaigns.

• Buying power:

  Your franchise will benefit from the collective buying power of the parent company, which passes on the savings to franchisees. Thus, inventory and supplies cost less for a franchise than for an independent company.

• Star power:

  Many well-known franchises have national brand-name recognition. Owning a franchise is similar to buying a business with built-in loyal customers.

• Profits:

  A franchise business can be immensely profitable. As expected, the most proven, popular franchises, such as McDonald's, tend to have much higher franchise costs but are more likely to generate high returns on investment (ROI).

Wholesale Lenders