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.
Reviewed sources
- 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
Quick facts
- How much does it cost to open a Coldwell Banker Real Estate LLC franchise?
- The Coldwell Banker Real Estate LLC Franchise Disclosure Document reports an estimated initial investment of $37,050–$553,700 for its conversion only format (2026 FDD, Item 7, PDF p. 37). This is the franchisor's disclosed estimate, not a quote. Details
- What is the Coldwell Banker Real Estate LLC 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 Real Estate LLC charge?
- The disclosed ongoing royalty is $7,500 (2026 FDD, Item 6, PDF p. 31). 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
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.
From reviewed FDD figures only. Not a recommendation or projection.
Costs · 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?
Coverage not stated in the reviewed record · counts as of year end of each year.
2026 FDD · Item 20 ·
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?
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
"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 |
| 2025 | other income, net | -$6 |
| 2025 | net | -$1 |
| 2025 | basic | $112 |
| 2025 | cash and cash equivalents | $132 |
| 2025 | other current assets | $198 |
| 2025 | total assets | $5,598 |
| 2025 | goodwill | $2,499 |
| 2025 | franchise agreements, net | $754 |
| 2025 | other intangibles, net | $85 |
| 2025 | restricted cash | $7 |
| 2025 | other non-current liabilities | $210 |
| 2025 | additional paid-in capital | $4,834 |
| 2025 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $192 |
| 2025 | total stockholders' equity | $1,487 |
| 2025 | accounts payable | $115 |
| 2025 | current portion of long-term debt | $417 |
| 2025 | long-term debt | $2,127 |
| 2025 | deferred income taxesMore than one value recorded for this year — open the FDD source before comparing | $170 |
| 2025 | current portion of operating lease liabilities | $93 |
| 2025 | deferred income taxesMore than one value recorded for this year — open the FDD source before comparing | -$37 |
| 2025 | operating activities net loss | -$89 |
| 2025 | accumulated other comprehensive loss | -$39 |
| 2025 | other adjustments to net loss | -$2 |
| 2025 | investing activities property and equipment additions | -$101 |
| 2025 | relocation receivablesMore than one value recorded for this year — open the FDD source before comparing | -$3 |
| 2025 | accounts payable, accrued expenses and other liabilities | -$14 |
| 2025 | proceeds from the sale of investments in unconsolidated entities | $6 |
| 2025 | net change in securitization obligations | $3 |
| 2025 | net cash used in investing activities | -$88 |
| 2025 | debt issuance costs | -$10 |
| 2025 | proceeds from sale of equity interest in certain title and escrow entities | $19 |
| 2025 | interest payments | $166 |
| 2025 | gross commission income | $4,849 |
| 2025 | franchise fees | $372 |
| 2025 | net revenues | $5,960 |
| 2025 | general and administrative | $404 |
| 2025 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $192 |
| 2025 | total expenses | $6,099 |
| 2025 | loss before income taxes, equity in earnings and noncontrolling interests | -$139 |
| 2025 | income tax benefit | -$43 |
| 2025 | net loss | -$89 |
| 2025 | net loss attributable to anywhere and anywhere group | -$90 |
| 2025 | basic loss per share | -$1 |
| 2025 | diluted loss per share | -$1 |
| 2025 | diluted | $112 |
| 2025 | relocation receivablesMore than one value recorded for this year — open the FDD source before comparing | $154 |
| 2025 | property and equipment, net | $249 |
| 2025 | operating lease assets, net | $299 |
| 2025 | trademarks | $584 |
| 2025 | other non-current assets | $520 |
| 2025 | securitization obligations | $143 |
| 2025 | accrued expenses and other current liabilities | $578 |
| 2025 | total current liabilities | $1,346 |
| 2025 | long-term operating lease liabilities | $255 |
| 2025 | total liabilities | $4,108 |
| 2025 | accumulated deficit | -$3,309 |
| 2025 | noncontrolling interests | $3 |
| 2025 | total equity | $1,490 |
| 2025 | total liabilities and equity | $5,598 |
| 2025 | impairmentsMore than one value recorded for this year — open the FDD source before comparing | $8 |
| 2025 | amortization of deferred financing costs and debt premium | $8 |
| 2025 | gain on the early extinguishment of debtMore than one value recorded for this year — open the FDD source before comparing | -$1 |
| 2025 | gain) loss on the sale of businesses, investments or other assets, net | -$5 |
| 2025 | equity in earnings of unconsolidated entitiesMore than one value recorded for this year — open the FDD source before comparing | -$7 |
| 2025 | stock-based compensation | $19 |
| 2025 | trade receivables | -$14 |
| 2025 | other assets | $45 |
| 2025 | dividends received from unconsolidated entities | $14 |
| 2025 | other, netMore than one value recorded for this year — open the FDD source before comparing | -$15 |
| 2025 | net cash provided by operating activities | $99 |
| 2025 | net proceeds from the sale of businesses | $1 |
| 2025 | other, netMore than one value recorded for this year — open the FDD source before comparing | $6 |
| 2025 | financing activities net change in revolving credit facility | -$75 |
| 2025 | proceeds from issuance of senior secured second lien notes | $500 |
| 2025 | repurchases of exchangeable senior notes | -$395 |
| 2025 | cash paid for fees associated with early extinguishment of debt | -$2 |
| 2025 | taxes paid related to net share settlement for stock-based compensation | -$12 |
| 2025 | other, netMore than one value recorded for this year — open the FDD source before comparing | -$25 |
| 2025 | net cash provided by | $3 |
| 2025 | effect of changes in exchange rates on cash, cash equivalents and restricted cash | $1 |
| 2025 | net increase | $15 |
| 2025 | cash, cash equivalents and restricted cash, beginning of period | $124 |
| 2025 | cash, cash equivalents and restricted cash, end of period | $139 |
| 2025 | income tax | -$27 |
| 2024 | net revenues | $5,692 |
| 2024 | general and administrative | $392 |
| 2024 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $198 |
| 2024 | loss before income taxes, equity in earnings and noncontrolling interests | -$136 |
| 2024 | basic loss per share | -$1 |
| 2024 | property and equipment, net | $247 |
| 2024 | operating lease assets, net | $331 |
| 2024 | total current liabilities | $1,389 |
| 2024 | accrued expenses and other current liabilities | $553 |
| 2024 | total liabilities and equity | $5,636 |
| 2024 | impairmentsMore than one value recorded for this year — open the FDD source before comparing | $20 |
| 2024 | gain on the early extinguishment of debtMore than one value recorded for this year — open the FDD source before comparing | -$7 |
| 2024 | gain) loss on the sale of businesses, investments or other assets, net | $3 |
| 2024 | other, netMore than one value recorded for this year — open the FDD source before comparing | -$20 |
| 2024 | net cash provided by operating activities | $104 |
| 2024 | financing activities net change in revolving credit facility | $205 |
| 2024 | repayment of term loan a facility | -$194 |
| 2024 | other, netMore than one value recorded for this year — open the FDD source before comparing | -$23 |
| 2024 | net change in securitization obligations | $25 |
| 2024 | effect of changes in exchange rates on cash, cash equivalents and restricted cash | -$1 |
| 2024 | taxes paid related to net share settlement for stock-based compensation | -$3 |
| 2024 | net cash provided by | -$21 |
| 2024 | cash, cash equivalents and restricted cash, beginning of period | $119 |
| 2024 | income tax | $1 |
| 2024 | gross commission income | $4,629 |
| 2024 | service revenue | $574 |
| 2024 | franchise fees | $356 |
| 2024 | other | $133 |
| 2024 | commission and other agent-related costs | $3,718 |
| 2024 | operating | $1,125 |
| 2024 | marketing | $195 |
| 2024 | former parent legacy | $2 |
| 2024 | restructuring and merger-related costs, net | $32 |
| 2024 | impairmentsMore than one value recorded for this year — open the FDD source before comparing | $20 |
| 2024 | interest expense, net | $153 |
| 2024 | gain on the early extinguishment of debtMore than one value recorded for this year — open the FDD source before comparing | -$7 |
| 2024 | total expenses | $5,828 |
| 2024 | income tax benefit | -$2 |
| 2024 | equity in earnings of unconsolidated entitiesMore than one value recorded for this year — open the FDD source before comparing | -$7 |
| 2024 | net loss | -$127 |
| 2024 | net | -$1 |
| 2024 | net loss attributable to anywhere and anywhere group | -$128 |
| 2024 | diluted loss per share | -$1 |
| 2024 | basic | $111 |
| 2024 | diluted | $111 |
| 2024 | cash and cash equivalents | $118 |
| 2024 | restricted cash | $6 |
| 2024 | relocation receivablesMore than one value recorded for this year — open the FDD source before comparing | $150 |
| 2024 | other current assets | $206 |
| 2024 | total current assets | $581 |
| 2024 | goodwill | $2,499 |
| 2024 | trademarks | $584 |
| 2024 | franchise agreements, net | $821 |
| 2024 | other intangibles, net | $106 |
| 2024 | other non-current assets | $467 |
| 2024 | total assets | $5,636 |
| 2024 | accounts payable | $101 |
| 2024 | securitization obligations | $140 |
| 2024 | current portion of long-term debt | $490 |
| 2024 | current portion of operating lease liabilities | $105 |
| 2024 | long-term debt | $2,031 |
| 2024 | long-term operating lease liabilities | $284 |
| 2024 | deferred income taxesMore than one value recorded for this year — open the FDD source before comparing | $207 |
| 2024 | other non-current liabilities | $155 |
| 2024 | total liabilities | $4,066 |
| 2024 | additional paid-in capital | $4,827 |
| 2024 | accumulated deficit | -$3,219 |
| 2024 | accumulated other comprehensive loss | -$42 |
| 2024 | total stockholders' equity | $1,567 |
| 2024 | noncontrolling interests | $3 |
| 2024 | total equity | $1,570 |
| 2024 | operating activities net loss | -$127 |
| 2024 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $198 |
| 2024 | deferred income taxesMore than one value recorded for this year — open the FDD source before comparing | -$2 |
| 2024 | amortization of deferred financing costs and debt premium | $8 |
| 2024 | equity in earnings of unconsolidated entitiesMore than one value recorded for this year — open the FDD source before comparing | -$7 |
| 2024 | stock-based compensation | $17 |
| 2024 | other adjustments to net loss | -$2 |
| 2024 | trade receivables | $4 |
| 2024 | relocation receivablesMore than one value recorded for this year — open the FDD source before comparing | -$12 |
| 2024 | other assets | $93 |
| 2024 | accounts payable, accrued expenses and other liabilities | -$65 |
| 2024 | dividends received from unconsolidated entities | $3 |
| 2024 | investing activities property and equipment additions | -$78 |
| 2024 | other, netMore than one value recorded for this year — open the FDD source before comparing | $1 |
| 2024 | net cash used in investing activities | -$77 |
| 2024 | repurchases and redemption of senior notes | -$19 |
| 2024 | amortization payments on term loan facilities | -$12 |
| 2024 | net increase | $5 |
| 2024 | cash, cash equivalents and restricted cash, end of period | $124 |
| 2024 | interest payments | $158 |
| 2023 | franchise fees | $351 |
| 2023 | restructuring and merger-related costs, net | $49 |
| 2023 | operating | $1,147 |
| 2023 | net | $1 |
| 2023 | total expenses | $5,758 |
| 2023 | loss before income taxes, equity in earnings and noncontrolling interests | -$122 |
| 2023 | gain on the early extinguishment of debtMore than one value recorded for this year — open the FDD source before comparing | -$169 |
| 2023 | equity in earnings of unconsolidated entitiesMore than one value recorded for this year — open the FDD source before comparing | -$9 |
| 2023 | net loss attributable to anywhere and anywhere group | -$97 |
| 2023 | basic | $110 |
| 2023 | basic loss per share | -$1 |
| 2023 | accounts payable, accrued expenses and other liabilities | -$47 |
| 2023 | equity in earnings of unconsolidated entitiesMore than one value recorded for this year — open the FDD source before comparing | -$9 |
| 2023 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $196 |
| 2023 | impairmentsMore than one value recorded for this year — open the FDD source before comparing | $65 |
| 2023 | gain on the early extinguishment of debtMore than one value recorded for this year — open the FDD source before comparing | -$169 |
| 2023 | other adjustments to net loss | -$6 |
| 2023 | amortization of deferred financing costs and debt premium | $8 |
| 2023 | gain) loss on the sale of businesses, investments or other assets, net | $2 |
| 2023 | other, netMore than one value recorded for this year — open the FDD source before comparing | -$16 |
| 2023 | relocation receivables | $72 |
| 2023 | dividends received from unconsolidated entities | $8 |
| 2023 | net proceeds from the sale of businesses | $8 |
| 2023 | investing activities property and equipment additions | -$72 |
| 2023 | proceeds from issuance of senior secured second lien notes | $640 |
| 2023 | net cash used in investing activities | -$59 |
| 2023 | proceeds from the sale of investments in unconsolidated entities | $6 |
| 2023 | cash paid for fees associated with early extinguishment of debt | -$2 |
| 2023 | amortization payments on term loan facilities | -$16 |
| 2023 | repurchases and redemption of senior notes | -$688 |
| 2023 | cash, cash equivalents and restricted cash, beginning of period | $218 |
| 2023 | other, netMore than one value recorded for this year — open the FDD source before comparing | -$31 |
| 2023 | net increase | -$99 |
| 2023 | interest payments | $168 |
| 2023 | gross commission income | $4,570 |
| 2023 | service revenue | $569 |
| 2023 | other | $146 |
| 2023 | net revenues | $5,636 |
| 2023 | commission and other agent-related costs | $3,664 |
| 2023 | marketing | $215 |
| 2023 | general and administrative | $422 |
| 2023 | former parent legacy | $18 |
| 2023 | impairmentsMore than one value recorded for this year — open the FDD source before comparing | $65 |
| 2023 | depreciation and amortizationMore than one value recorded for this year — open the FDD source before comparing | $196 |
| 2023 | interest expense, net | $151 |
| 2023 | income tax benefit | -$15 |
| 2023 | net loss | -$98 |
| 2023 | diluted loss per share | -$1 |
| 2023 | income tax | $14 |
| 2023 | diluted | $110 |
| 2023 | operating activities net loss | -$98 |
| 2023 | deferred income taxes | -$33 |
| 2023 | stock-based compensation | $12 |
| 2023 | trade receivables | $97 |
| 2023 | other assets | $105 |
| 2023 | net cash provided by operating activities | $187 |
| 2023 | payments for acquisitions, net of cash acquired | -$1 |
| 2023 | investment in unconsolidated entities | -$1 |
| 2023 | other, netMore than one value recorded for this year — open the FDD source before comparing | $1 |
| 2023 | financing activities net change in revolving credit facility | -$65 |
| 2023 | net change in securitization obligations | -$48 |
| 2023 | debt issuance costs | -$13 |
| 2023 | taxes paid related to net share settlement for stock-based compensation | -$4 |
| 2023 | net cash provided by | -$227 |
| 2023 | cash, cash equivalents and restricted cash, end of period | $119 |
These figures describe the franchisor company, not individual franchise locations.
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.
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At a glance
Business history
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Owner participation
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Territory language
Litigation disclosure
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Bankruptcy disclosure
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Agreement term
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Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.