1st Class Real Estate
1st Class Real Estate recruits and supports independent owners who want to build a small business in the real estate field. We focus on helping people who are looking to own and operate a local business, often those with small-business experience or a strong interest in entrepreneurship. Our work is year-round and centers on finding prospects, guiding them through the process, and providing ongoing support. We operate as a business development and support organization within the real estate sector.
Your franchise match score
Real Estate
Brand highlights
- CEORhyan Finch
- Headquarters831 Seahawk Circle, Virginia Beach, VA, 23452
- Year founded2018
- Year started franchising2018
- IndustryReal Estate
- Locations open10 (+10 last three years)
Statistics & metrics
- Investment range$49,150 - $227,750
- Franchise fee$40,000
- Royalty
- Brand fundUp to $2,000 per year
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Real Estate industry:
Real estate franchises include brokerage firms, property management, and inspection services. This industry is ideal for those with a strong network and an interest in the property market.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2021-03-18
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about 1st Class Real Estate, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of 1st Class Real Estate's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving 1st Class Real Estate, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a 1st Class Real Estate franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information 1st Class Real Estate provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 10 |
| Franchise locations | 10 |
| Corporate locations | 0 |
System growth over time
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