1ST CLASS REAL ESTATE
About 1st Class Real Estate
Rhyan Finch, Owner/CEO
Franchising Since 2018 (3 years)
# of employees at HQ
# of Units
38 (as of 2021)
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831 Seahawk Cir., #101
Virginia Beach, VA 23452
Information for Franchisees
Here’s what you need to know if you’re interested in opening a 1st Class Real Estate franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
$5,000 - $25,000
$14,420 - $209,475
Term of Agreement
Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
1st Class Real Estate offers in-house financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
Third Party Financing
1st Class Real Estate has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Security & Safety Procedures
Franchisee Intranet Platform
Additional details about running this franchise.
Is absentee ownership allowed?
Can this franchise be run from home/mobile unit?
Can this franchise be run part time?
# of employees required to run