What is the estimated cost range for furniture, fixtures, and equipment for a Remax franchise?
Remax Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of expenditure | Amount | Method of payment | When due | To whom payment is to be made |
|---|---|---|---|---|
| Furniture, fixtures, and equipment5 | $2,000 - $20,000 | Vendor’s terms | As Incurred | Third Parties |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 43–47)
What This Means (2025 FDD)
According to Remax's 2025 Franchise Disclosure Document, the estimated initial investment for furniture, fixtures, and equipment ranges from $2,000 to $20,000. This cost covers the necessary items to equip the office for conducting a real estate brokerage business. The actual amount will depend on whether the franchisee is converting an existing real estate office or starting a new one. Converting an existing office may result in lower costs if much of the needed furniture and fixtures are already in place.
The FDD notes that costs can vary significantly based on several factors. These include whether the franchisee chooses to lease or finance the furniture and fixtures versus purchasing them outright, and the overall size of the office space. Starting a new office and purchasing furniture outright, or having an office larger than 1,000 square feet, could push the initial investment considerably higher than the stated upper range.
Prospective Remax franchisees should carefully consider these variables and their specific circumstances when budgeting for their initial investment. It is advisable to consult with a business advisor to plan for these expenses, especially when determining whether to buy new, used, or lease furniture and equipment. Understanding these factors will help in accurately estimating the required capital for launching a Remax franchise.