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Crye-Leike
Franchise

Crye-Leike Franchise

Crye-Leike is a one-stop shopping center for real estate services. Crye-Leike helps with all the details, assisting clients with property searches, mortgage loan approval, finding rentals and homes for purchase, buying affordable housing, assessing property values, and many more services in individual and commercial real estate. Crye-Leike is the nation’s sixth-largest real estate company and the largest serving markets in Tennessee, Arkansas, Georgia, Mississippi and across the mid-South.

Facts & Figures

Liquid capital required
$13,500
Investment
$59,100 - $160,300
Franchise fee
$59,100

Overview

The Crye-Leike franchise model works. Using leading-edge technology, the Crye- Leike system allows franchisees to focus on selling. Crye-Leike’s marketing experts become the partners of franchisees, assisting with virtual tours and postcards, flyers and marketing plans, whatever it takes to ensure success. Crye-Leike is committed to the success of all its franchise locations and offers comprehensive, ongoing training programs, like Crye-Leike College, and special events, such as hosting nationally renowned speakers that enable associates to keep their professional edge.

Crye-Leike Franchise Opportunities – History

Crye-Leike was established in 1977 in Memphis, Tennessee, by Harold Crye and Dick Leike, and quickly grew, becoming the largest firm in Memphis within three years. By 1992, Crye-Leike had expanded across Tennessee, and the company surpassed $ 1 billion in sales the following year. Crye-Leike began franchising in 1999, and in 2000 expanded beyond Tennessee, opening offices in Georgia and Mississippi. Crye-Leike has continually expanded since, and now has offices in operation across the southeastern United States.

Crye-Leike Franchise Cost / Initial Investment / Crye-Leike Franchise

Income

The franchise fee for Crye-Leike is between $13,500 and $25,000. The total investment required to open and operate a Crye-Leike franchise location ranges from $59,100 to $160,300, for a 5-year Term of Agreement, renewable. A 6% royalty fee on gross sales is paid to the company.

Crye-Leike Business Opportunities: Other Information

Good corporate citizenship and community service are important values at Crye- Leike, and every year the company’s sales associates and employees devote financial resources and time to help with community service projects.

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