How Much Does a Corcoran Franchise Cost?

Initial Franchise Fee

The initial franchise fee for Corcoran is $25K. This one-time payment covers the right to operate under the brand, access to proprietary systems, and initial training programs.

Total Investment Range

Opening a Corcoran franchise requires a total investment of $62K – $553K. This range typically includes real estate or leasehold improvements, equipment and fixtures, initial inventory, signage, insurance, and working capital to sustain operations during the ramp-up period.

Working capital alone ranges from $15K to $60K.

Ongoing Costs

Beyond the initial investment, Corcoran franchisees pay ongoing fees. The royalty structure is: Declining percentage of Gross Revenue beginning at 6% and declining incrementally to 4%. The advertising or brand fund contribution is 1.0% of gross sales. There is also a technology fee of $3K.

Net Worth & Liquid Capital Requirements

Corcoran requires working capital of $15K – $60K to cover initial operating expenses. This is the liquid cash you should have available beyond the franchise fee and buildout costs.