BiltRite franchise
2023 filing · April 29, 2023Shares sales figures
BiltRite at a glance
A property services business offering home inspections, insurance reports, meter readings and infrared scans for residential and light commercial clients. At the end of 2022 there were 4 BiltRite locations in the US, all company-owned.
The business
- Franchisor
- Biltrite Franchising, LLC
- The company that sells the franchises
- Franchising since
- 2022
- Franchisor based in
- Huntersville, North Carolina
What you pay
- Cost to open
- $46K–$97K
- Fee, build-out and opening working capital
- Franchise fee
- $24,900
- For a territory of up to 80,000 owner-occupied households
- Royalty
- 5%–7%
- The greater of a blended 5%–7% of gross revenue or a minimum monthly royalty, paid monthly
- Brand fund
- 1%
- 1% of gross revenue, paid with the royalty; it can rise to 3%
- Agreement length
- 10 years
- Territory
- None
- No exclusive territory
- Franchisor financing
- None offered
Where it is
- US locations, 2022
- 4
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 4
- Change in 3 years
- 0
- Franchised locations, 2020–2022
- States
- 1
- Most in Florida
From Biltrite Franchising, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
BiltRite among all franchises with the same figure.
| Figure | BiltRite | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $71,497 | Costs less than 93% of franchises |
| Franchise feePaid once, when you sign | $24,900 | Lower than 88% of franchises |
| RoyaltyShare of sales paid to the franchisor | 7% | Higher than 70% of brands with a set rate |
| US locationsFranchised and company-owned | 4 | Fewer than 74% of franchises |
How much a BiltRite franchise costs
Opening one BiltRite costs an estimated $45,547 to $97,447. That covers the franchise fee and everything else needed to open, through the first months of working capital. It is one of the franchises under $50K.
The biggest costs are initial franchise fee ($24,900 to $31,900) and industry certifications, licenses and trainings ($0 to $15,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $24,900 | $31,900 | |
| Franchisor Directed Advertising Fee Deposit | $3,000 | ||
| Travel Expenses to Training | $250 | $3,000 | |
| Security Deposits and Rent | $0 | $500 | |
| Office Furniture | $0 | $1,000 | |
| Vehicle and Vehicle Enhancements | $2,000 | $6,000 | |
| Tools and Equipment | $0 | $5,000 | |
| Business Management and Technology System | $1,000 | $3,000 | |
| Business Licenses | $300 | $750 | |
| Technology Fee (3 Months) | $1,797 | ||
| Industry Certifications, Licenses and Trainings | $0 | $15,000 | |
| Professional Fees | $500 | $2,000 | |
| Insurance Deposit and Initial Premiums | $1,800 | $2,500 | |
| Grand Opening Marketing | $5,000 | $7,000 | |
| Additional Funds (3 Months) | $5,000 | $15,000 | |
| Total | $45,547 | $97,447 | |
Source: Biltrite Franchising, LLC, 2023 filing, page 24
BiltRite franchise fee
The franchise fee is $24,900, for a territory of up to 80,000 owner-occupied households. You pay it when you sign the franchise agreement.
Source: Biltrite Franchising, LLC, 2023 filing, page 13
Royalty and ongoing fees
| Royalty | The greater of a blended 5%–7% of gross revenue or a minimum monthly royalty, paid monthly. |
|---|---|
| Brand or marketing fund | 1% of gross revenue, paid with the royalty; it can rise to 3%. |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Biltrite Franchising, LLC, 2023 filing, pages 16 and 17
Sales and earnings
Shares figures BiltRite publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.
Source: Biltrite Franchising, LLC, 2023 filing, page 66
How BiltRite compares
Of the 95 real estate franchises on this site, BiltRite is the 32nd cheapest to open and the 75th largest by number of locations.
| Figure | BiltRite | Typical real estate brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $46K | $69K | $222K |
| Cost to open, high end | $97K | $244K | $477K |
| Franchise fee | $25K | $35K | $40K |
| Royalty | 7% | 6% | 6% |
| Brand fund | 1% | 1.5% | 2% |
| US locations | 4 | 67 | 21 |
| Shares earnings figures | Yes | 40 of 95 | 2,147 of 3,352 |
Typical is the median across the 95 brands in real estate franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 4 | 0 | 0 |
| 2021 | 0 (0) | 4 | 0 | 0 |
| 2022 | 0 (0) | 4 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Biltrite Franchising, LLC, 2023 filing, page 70
Where BiltRite locations are
At the end of 2022, BiltRite had locations in 1 state. The most are in Florida.
- Florida4
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Florida | 0 | 4 | 4 |
Source: Biltrite Franchising, LLC, 2023 filing, page 71
Who owns BiltRite?
BiltRite franchises are sold by Biltrite Franchising, LLC.
From Biltrite Franchising, LLC’s 2023 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Biltrite Franchising, LLC, 2023 filing, litigation on page 13, bankruptcy on page 13
BiltRite filings
The figures on this page come from Biltrite Franchising, LLC’s 2023 filing, issued April 29, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | April 29, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
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BiltRite is also on these lists: business services franchises, home service franchises.