Bridge Business & Property Brokers Franchise
Bridge Business and Property Brokers is a franchise for a business broker company. It was founded by AJ Caro in 2004. He started his business with no listings and no employees. That didn’t stop him from succeeding because within one year, he already had fifty brokers and five offices.
AJ Caro has licenses backing up his experience. He has license life and health insurance, real estate, property and casualty insurance, and private investigators license. He’s also a board member of the Greater Long Island Clean Cities Coalition and of Suffolk County Workforce Investment Board. They are also a member of the International Business Brokers Association Inc. (IBBA). They started franchising in 2005.
What are the benefits of hiring Bridge Business & Property Brokers?
They have the MLS system. It is a system that gathers all the business listings that includes photos, cash flow worksheets, and other helpful documents that help them match the perfect buyer with a perfect business. Their brokers go through Bridge University which is an online training system. It contains courses on all basic certifications that a new broker needs to learn to be able to provide good service. They are also backed with Support, Structure and Systems. They have standard procedures that can track everything automatically and keeps them from losing any information and confidentiality clauses. They also have the Bridge Marketing Program. They have a database that has over 60,000 registered users and a new listing is automatically mailed to them. They have an electronic system that advertises the listings on specific websites. This saves a lot of time compared to others who are doing it manually. Lastly is the Bridge Legal Support. They have an in-house legal team are ready to protect confidential information and produce contracts and agreements that keeps the deals moving smoothly at all times.
How do you become a franchisee for Bridge Business & Property Brokers?
You need to have a total liquid asset of at least $25,000. Expect to be investing around $38,000 to $63,000. Franchise fee is $25,000 with an on-going royalty fee of 6%. This is for a renewable 5 year term agreement. This company can be run from home. You will need about 1-4 employees to run one location. They allow absentee ownership and multi-unit ownership and currently, 33% own more than one location.
What’s included in the franchise package?
There will be 1 week training at the headquarters. You will have access to do MLS system, 24×7 support, online training system, all the listings that are advertised, lead generation, administrative support and expert guidance, legal support, custom web portal, monthly conference calls, all forms and documents, and corporate emails. You will also receive newsletters, toll free phone number, internet, occasional field evaluations, and purchasing cooperatives. For marketing, there will be co-op advertising, ad slicks, regional advertising, nationwide advertising, and access to all the marketing materials.
You May Reach Them At:
Address: 60 Knickerbocker Ave. Bohemia, New York 11716