ERA Real Estate
Real Estate & Property · Real Estate Brokerages
- Active units
- 464
- Royalty
- 6.0%
Franchised, year-end 2023
of weekly Net Sales
About ERA Real Estate
ERA Real Estate Türkiye & Kıbrıs is a renowned brand that offers a wide range of products and services in the real estate industry. With a team of expert consultants and a global network, ERA provides comprehensive solutions for buying, selling, and renting properties. The brand's success can be attributed to its founder, Dr. Gökhan Taş, who has been a pioneer in the field since 2006. Under his leadership, ERA has achieved numerous accolades and established itself as a leader in the industry. In addition to its real estate services, ERA also offers franchise opportunities and provides training and development programs for aspiring professionals. Committed to excellence and customer satisfaction, ERA is dedicated to bringing extraordinary value to the Turkish real estate market. Contact ERA Real Estate Türkiye & Kıbrıs today to experience their exceptional services.
Key terms
- Franchise fee
$25k
- Conversion funding or other incentives
Franchisor may vary, waive, reduce, negotiate, or make exceptions to fees and may negotiate conversion funding or other incentives
- Brand fund
1.5% of Net Sales
- Footprint
1,800 – 3,500 sq ft
- Veteran discount
100.0% off franchise fee — Diversity and veteran program; initial franchise fee for Main Office waived as of issuance for eligible franchisees
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations434
Franchised units open at year-end
- New openings23
Gross new units opened during the calendar year
- 1-year unit growth rate-2.3%
Net unit growth versus prior year
- 3-year unit CAGR-3.3%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio2.3×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$285k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 446 of 854 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.