Coldwell Banker Real Estate LLC
Franchise research report · reviewed 2026 disclosure data
Researching Coldwell Banker Real Estate LLC franchise opportunities? Every figure below is cited to the FDD.
- Franchising since
- 1982 Source: franchise.org
- Headquarters
- Madison, NJ United States Source: franchise.org
For 101 years, the Coldwell Banker Real Estate organization has been the premier provider of full-service real estate. We are the nation's oldest real estate organization and our experience has helped make the dream of homeownership a reality for millions of families.
Headline figures
Coldwell Banker Real Estate LLC quick facts
- Is Coldwell Banker Real Estate LLC a franchise?
- Yes. Coldwell Banker Real Estate LLC offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 1,309 franchised and 505 company-owned outlets (2025 FDD, Item 20, PDF p. 70).
- How much does it cost to open a Coldwell Banker Real Estate LLC franchise?
- The Coldwell Banker Real Estate LLC Franchise Disclosure Document reports separate estimated initial investments by format: $37,050–$553,700 for conversion only (conversion office — total investment: $37,050 - $553,700) (2026 FDD, Item 7, PDF p. 37); $114,370–$514,675 for total investment for new start-up office (2025 FDD, Item 7, PDF p. 37); $32,870–$327,375 for conversion only (total investment for conversion office) (2025 FDD, Item 7, PDF p. 35). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What ongoing fees does Coldwell Banker Real Estate LLC charge?
- The disclosed ongoing royalty is 5.5% (2025 FDD, Item 6, PDF p. 28). The brand or advertising fund contribution is $621 “CMF”) Fees 2% of Gross Revenue monthly with a minimum of — 621 (2026 FDD, Item 6, PDF p. 32). Other recurring fees are listed in Item 6. Details
- Does Coldwell Banker Real Estate LLC disclose financial performance (Item 19)?
- No. The reviewed Coldwell Banker Real Estate LLC FDD states that it does not make a financial performance representation in Item 19. Details
- How many Coldwell Banker Real Estate LLC locations are there?
- The FDD reports 1,814 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 70). Existing locations do not indicate territory availability. Details
- Is Coldwell Banker Real Estate LLC 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
- 1Opening costs are estimated at $37,050 – $553,700 (Conversion office — total investment: $37,050 - $553,700) in the 2026 FDD (Item 7); several initial fee options apply.
- 2The franchisor makes no financial performance representation in Item 19.
- 3Outlets declined by 86 in 2024, to 1,814 (Systemwide Coldwell Banker outlets, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
Coldwell Banker Real Estate LLC head-to-head
Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.
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NextHomeCosts · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Total estimated initial investment
2026 FDD · Item 7 · PDF p. 37
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.
- ees paid each quarter are less than $7,500, difference between Royalty Fees paid and — 7500Main ongoing fee
31 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 Real Estate LLC 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 Coldwell Banker outlets, as labeled in the FDD · counts as of December 31 of year shown of each year.
2026 FDD · Item 20 · PDF p. 70
Net −178 outlets, 2022–2024
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 – $553,700) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Coldwell Banker Real Estate LLC reports no financial performance figures in Item 19. What information can you share about unit-level results?
Reported units decreased from 1,900 to 1,814 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]Estimated initial investment — Item 7 · PDF p. 37
- [2]Standard initial franchise fee — Item 5 · PDF p. 30
- [3]Outlet counts — Item 20, Table 1 · PDF p. 70
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
144 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 year | Measure | Reported value |
|---|---|---|
| 2025 | marketing | $190 |
| 2025 | other | $132 |
| 2025 | service revenue | $607 |
| 2025 | operating | $1,179 |
| 2025 | former parent legacy | -$2 |
| 2025 | impairmentsMore than one value recorded for this year — open the FDD source before comparing | $8 |
| 2025 | equity in earnings of unconsolidated entitiesMore than one value recorded for this year — open the FDD source before comparing | -$7 |
| 2025 | commission and other agent-related costs | $3,919 |
| 2025 | gain on the early extinguishment of debtMore than one value recorded for this year — open the FDD source before comparing | -$1 |
| 2025 | restructuring and merger-related costs, net | $54 |
| 2025 | interest expense, net | $162 |
| 2025 | total current assets | $608 |
These figures describe the franchisor company, not individual franchise locations.
What changed from 2025 to 2026
- Franchise fee: $25,000 → $5,000
- System size: 1,900 → 1,814 units
SBA-backed loans to franchisees
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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.
Century 21 Real Estate, LLC.HomeVestors of AmericaSotheby’s International RealtyNextHomeUMUpper Midwest Realty
Keller Williams RealtyHead-to-head comparisons
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
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.
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