Franopolis

    Coldwell Banker Commercial

    Franchise research report · reviewed 2026 disclosure data

    Reviewed sources
    Headquarters
    Madison, NJ United States
    Source: franchise.org

    Coldwell Banker Commercial provides brokerage and related services for commercial properties. Affiliated professionals help businesses and investors buy, sell, lease and manage property, with services varying by market.

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    Headline figures

    Coldwell Banker Commercial quick facts

    Is Coldwell Banker Commercial a franchise?
    Yes. Coldwell Banker Commercial offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 135 franchised and 1 company-owned outlets (2025 FDD, Item 20, PDF p. 68).
    How much does it cost to open a Coldwell Banker Commercial franchise?
    The Coldwell Banker Commercial Franchise Disclosure Document reports separate estimated initial investments by format: $118,550–$741,000 for total investment for new start-up office: $118,550 to $741,000 (2026 FDD, Item 7, PDF p. 38); $37,050–$553,700 for conversion only (total investment for conversion office: $37,050 to $553,700) (2026 FDD, Item 7, PDF p. 37); $35,500 for conversion only (conversion office total investment low) (2025 FDD, Item 7, PDF p. 34); $117,000–$733,500 for start-up office total investment low (2025 FDD, Item 7, PDF p. 35). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the Coldwell Banker Commercial initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $20,000 (2026 FDD, Item 5, PDF p. 30). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Coldwell Banker Commercial charge?
    The disclosed ongoing royalty is 5.5% (2026 FDD, Item 6, PDF p. 31). The brand or advertising fund contribution is 2% (2026 FDD, Item 6, PDF p. 32). Other recurring fees are listed in Item 6. Details
    Does Coldwell Banker Commercial disclose financial performance (Item 19)?
    No. The reviewed Coldwell Banker Commercial FDD states that it does not make a financial performance representation in Item 19. Details
    How many Coldwell Banker Commercial locations are there?
    The FDD reports 136 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 68). Existing locations do not indicate territory availability. Details
    Is Coldwell Banker Commercial a good franchise to buy?
    Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 makes no financial performance representation, so ask current owners about results; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $118,550 – $741,000 (Total Investment for New Start-Up Office: $118,550 to $741,000); $37,050 – $553,700 (Total Investment for Conversion Office: $37,050 to $553,700); several initial fee options apply.
    2. 2The franchisor makes no financial performance representation in Item 19.
    3. 3Outlets declined by 3 in 2024, to 136 (Systemwide national, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Franchises under $50kOther brands whose disclosed Item 7 low end fits this budget.Compare outlet trendsPut Item 20 counts side by side with up to 3 other brands.

    Coldwell Banker Commercial head-to-head

    Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.

    Coldwell Banker CommercialVSColdwell Banker Real Estate LLC
    Compare head-to-head
    Coldwell Banker CommercialVSCentury 21 Real Estate, LLC.
    Compare head-to-head
    Coldwell Banker CommercialVSHomeVestors of America
    Compare head-to-head
    Coldwell Banker CommercialVSSISotheby’s International Realty
    Compare head-to-head

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 2 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose.

    • Total Investment for Conversion Office: $37,050 to $553,700PDF p. 37$37,050 – $553,700
    • Total Investment for New Start-Up Office: $118,550 to $741,000PDF p. 38$118,550 – $741,000

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 30
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    Royalty Fees: 5.5% of aggregate Gross Revenue for all offices up to $1,000,000 per calendar year for which payments were timely made, and 3% of aggregate Gross Revenue in excess of $1,000,000 per calendar year.Main ongoing fee

    19 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    No financial performance representation in Item 19

    The reviewed 2026 FDD for Coldwell Banker Commercial has no Item 19 figures on record. Franopolis does not estimate revenue or earnings in their place; ask the franchisor and current owners what unit-level information they can share.

    Outlet Changes — Item 20

    How has the outlet count changed?

    Systemwide national, as labeled in the FDD · counts as of End of stated year of each year.

    2026 FDD · Item 20 · PDF p. 68

    Net +5 outlets, 2022–2024

    0131202213920231362024+8−3

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($37,050 – $741,000) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Coldwell Banker Commercial reports no financial performance figures in Item 19. What information can you share about unit-level results?

    • Reported units decreased from 139 to 136 in 2024. What drove the change?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Standard initial franchise fee — Item 5 · PDF p. 30
    2. [2]Outlet counts — Item 20, Table 1 · PDF p. 68

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    139 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Legal & agreement

    Franchisor financial statements

    Fiscal yearMeasureReported value
    2025net revenues$5,960
    2025cash and cash equivalents$132
    2025gross commission income$4,849
    2025total equity$1,490
    2025net loss-$89
    2025net cash provided by operating activities$99
    2025cash, cash equivalents and restricted cash, end of period$139
    2025total expenses$6,099
    2025net loss attributable to anywhere and anywhere group-$90
    2025franchise fees$372
    2025total assets$5,598
    2025total liabilities$4,108

    These figures describe the franchisor company, not individual franchise locations.

    What changed from 2025 to 2026

    • Estimated initial investment: $35,500 – $733,500 → $37,050 – $741,000
    • Franchise fee: $20,000 → $20,000
    • System size: 139 → 136 units

    SBA-backed loans to franchisees

    Loading…

    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    Related research

    Brands in the same subcategory first, then the wider industry, ordered by shared business format, overlapping investment range, Item 20 outlet count and search interest. This is not a ranking or recommendation.

    Coldwell Banker Real Estate LLCCentury 21 Real Estate, LLC.HomeVestors of AmericaSISotheby’s International RealtyNextHomeUMUpper Midwest Realty

    Head-to-head comparisons

    Coldwell Banker Commercial vs Coldwell Banker Real Estate LLCColdwell Banker Commercial vs Century 21 Real Estate, LLC.Coldwell Banker Commercial vs HomeVestors of AmericaColdwell Banker Commercial vs Sotheby’s International RealtyColdwell Banker Commercial vs NextHomeColdwell Banker Commercial vs Upper Midwest Realty
    Compare reviewed facts

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Reader notes on wording

    Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.

    • Item 21 · PDF p. 232 · 2025 FDD

      Our summary: Net cash used in financing activities 2024

      “Net cash used in financing activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (21) (227) (376)”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 230 · 2025 FDD

      Our summary: Total liabilities December 31 2024

      “Total liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,066 4,158”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 231 · 2025 FDD

      Our summary: Net cash provided by operating activities 2024

      “Net cash provided by (used in) operating activities . . . . . . . . . . . . . . . . . . . . . . 104 187 (92)”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 230 · 2025 FDD

      Our summary: Cash and cash equivalents December 31 2024

      “Cash and cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 118 $ 106”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 228 · 2025 FDD

      Our summary: Consolidated net revenues 2024

      “Net revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,692 5,636 6,908”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 228 · 2025 FDD

      Our summary: Consolidated net loss 2024

      “Net loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (127) (98) (283)”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    • Item 21 · PDF p. 230 · 2025 FDD

      Our summary: Total assets December 31 2024

      “Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 5,636 $ 5,839”

      Note: Supplied quote could not be confirmed on the cited PDF page excerpt.

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.

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