The global franchise sales firm assisted in establishing the first Canadian franchise location for Sperry Van Ness International Corporation, a commercial real estate brokerage franchisor.
November 9, 2015: ZGrowth Partners (formerly International Franchise Advisory Services, IFAS), a fully outsourced global franchise sales solution, announced today it has facilitated the launch of the first Canadian franchise location for Sperry Van Ness International Corporation (SVNIC), one of the most recognized commercial real estate services franchisors in North America. The new office, a Master Franchise operating under the name of Sperry Van Ness/Rock Advisors, Inc., will expand SVNIC’s unique approach of compensated cooperation that has brought it to the top of the American brokerage market.
ZGrowth created a strong and successful partnership by connecting two giants in their respective industries. SVNIC has approximately 190 locations serving over 500 international markets. Rock Advisors, Inc., has over twenty-five years of consulting experience buying and selling multi-family rental apartments and student housing across Canada.
“Together, these two companies are sharing a powerful opportunity to rapidly expand their services across Canada,” says ZGrowth Executive Vice President Albert Mendoza.
“We live in an increasingly connected world,” says Rock Advisors, Inc., CEO Derek Lobo. “The competitive Canadian marketplace is an excellent opportunity for U.S. investors who are looking for a new territory that is also familiar. We are happy to partner with a leading American company to bring institutional level services to the Canadian mid-market, all the while building long-term enterprise value to potential franchisees. Together, we can benefit from each other’s experience and energy, generating business that is greater than the sum of its parts.”
The role of Sperry Van Ness/Rock Advisors, Inc., will be to extend the Sperry Van Ness platform into Canada, encouraging brokers to franchise with the firm. This will allow SVNIC brokers to expand their reach into other real estate classes throughout Canada, including self-storage, hotels and mixed-use development.
“The timing couldn’t be better,” says SVNIC President and CEO Kevin Maggiacomo. “In the U.S., 65% of all assets sold are purchased by out of market investors. In Canada, foreign direct investment is rapidly increasing due to its political and economic stability. With U.S. and Canadian buyers crossing boundaries into new markets, and many new non-institutional buyers diversifying their portfolios and becoming first-time real estate investors, we wanted to quickly expand the SVN market share in North America.” He adds, “The team at International Franchise Advisory Services identified a strong and qualified partner and made it happen.”
For more information on how ZGrowth can help your brand expand to the Global market, please visit http://www.zgrowth.com.
For more information on the Sperry Van Ness brand, please visit http://www.svn.com.
About ZGrowth Partners LLC
Partnering with Great Brands to Build World Class Franchise Systems. ZGrowth is a consulting firm specializing in managing the sales and development process of growing brands and is your outsourcing solution to growing your brand to the US and global markets. Our advisors offer our clients more than 100 years of global franchise sales experience, including sales of $100+ million in initial franchise fees and the signing of 1,000+ US franchise agreements and over 200 international Master Franchise Agreements. Contact us to learn more about partnering with us to grow your brand at http://www.zgrowth.com.
About Sperry Van Ness International Corporation
Sperry Van Ness International Corporation (SVNIC), a commercial real estate brokerage franchisor headquartered in Boston, MA, is one of the industry’s most recognized brands based on the annual Lipsey Top Brand Survey. With more than 190 locations serving 500 markets, Sperry Van Ness Commercial Real Estate Advisors provide sales, leasing, and property management services to over 6,000 clients worldwide. SVN® Advisors also represent clients in auction services, charter schools, corporate real estate, distressed properties, golf & resort, hospitality, industrial, investment services, land, medical, multifamily, office, retail, self storage and single tenant investments. All Sperry Van Ness® offices are independently owned and operated. For more information, visit http://www.svn.com.