CORCORAN

CORCORAN

Corcoran franchises enable owners of existing high-performing real estate brokerages to convert their operations and offer residential and commercial real estate brokerage services under the Corcoran brand from specified office locations. The business model emphasizes affiliation with a premium system providing brand marks, productivity resources, marketing support via the Brand Marketing Fund, education, and referral services, primarily targeting brokerages in the top 50% of average selling prices or top five in their geographic markets. Start-up franchises are offered in limited situations to newly formed offices with agents from qualifying brokerages.

109
Locations
$56K–$358K
Investment
Since 2019
Franchising
Real EstateMadison, NJAnywhere Real Estate Inc.www.corcoran.comDisclaimer

Franchise Costs


Franchise Fee
$25,000
Item 5 of FDD
Initial Investment Range
$56,050 $358,100
Low: $56,050High: $358,100
Item 7 of FDD
Royalty Rate
6.00%
of gross sales
Brand Fund
1.00%
Item 6 of FDD
Fixed Monthly Fees
$83 – $667
Item 6 of FDD

Declining royalty starting at 6% to 4% + declining brand marketing fund starting at 1% to 0.5% + $83-$667/mo software/leads fees

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How CORCORAN Compares


FranchiseInvestmentFeeRoyaltyLocations
CORCORAN
Current
$56K – $358K$25K6.0%109
Bimbo Foods Bakeries Distribution, LLC$14K – $607KN/AN/A6,454
THE UPS STORE (TRADITIONAL)$216K – $609K$30K5.0%4,500
JACKSON HEWITT TAX SERVICE$71K – $105K$25K15.0%2,744
CRUISE PLANNERS$2K – $21K$11K3.0%2,655
SERVPRO (UNIT)$259K – $380K$100K10.0%2,286
Business Services Average
188 franchises
$118K – $284K$46K10.4%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 188 Business Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1CA
24
2NY
14
3NJ
14
4HI
10
5VA
10
6FL
8
7NC
6
8CO
4
9TX
4
10GA
2
11MA
2
12DC
2
13WV
1
14CT
1
15IL
1

+9 more states

Franchisee Contacts


109 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

109 Contacts Available

Unlock all CORCORAN franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
5
Transfers
0
Sold to Franchisees
0
Projected New
22

Frequently Asked Questions


The total initial investment to open a CORCORAN franchise ranges from $56,050 to $358,100. This includes a franchise fee of $25,000. Ongoing royalty fees are 6.0% of gross sales.

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