Best Mortgage Franchise
Avalar makes Entrepreneur\'s Franchise 500
By MortgageDaily.com staff
12/30/2005
Only one mortgage-related company is among America's 500 best franchise opportunities.
Entrepreneur magazine released its annual Franchise 500 -- a ranking of franchise companies based on financial strength and stability, growth rate and size of the system.
"We also consider the number of years in business and length of time franchising, startup costs, litigation, percentage of terminations and whether the company provides financing," the magazine said. "Financial data is audited by an independent CPA."
The only mortgage-related company to make the list was privately-held Avalar Real Estate & Mortgage Network. The Santa Rosa, Calif.-based firm was No. 276 on the list.
Avalar, which has reportedly been selling franchises since 1999, operates 63 franchises in the United States, with eight being company-owned.
The company "is specifically designed to benefit real estate and loan professionals through our trademarked Path to Success® system," Avalar says on its Web site. "Avalar offers groundbreaking opportunities in office development through innovative recruiting and retention programs attracting top-producing agents wherever ... mortgages are originated."
Startup costs at Avalar range from $31,000 to $315,500, Entrepreneur said.
No mortgage net branch companies made Entrepreneur's ranking.
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