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General

Industry

Real Estate

Category

Property Management

SBA Identifier

S1361

Year of Founding

2008

Fees

Marketing Fee

2%

Royalty Fee

VARIES

Franchise Fee

$45,000-$60,000

Investment Range

$48K-$190K

Location units

Total U.S. Locations

294

U.S. Franchised Units

296

U.S. Corporate Units

2

Headquarters (City)

Lehi

Other

Item 19 - Franchise Financials

Yes

Financing Availability

yes

Started Offering Franchises

2008

Issuance of FDD Data

03/01/2021

What to know about Property Management Inc. franchise?

The Property Management Incorporated Franchise, LLC ("PMI") business model offers a broad spectrum of community association, commercial, residential, and vacation/short-term rental property management and real estate services. As a franchisee, you will operate a PMI business, in a specific geographic area, using PMI's name, logo and other trademarked and copyrighted materials, procedures, software solutions, property management software, processes and systems.

Property Management Inc. is based in Lehi, UT. Scroll down to learn more!

How much does a Property Management Inc. franchise cost?

Are you wondering how much is a Property Management Inc. franchise? Before starting a Property Management Inc. franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Property Management Inc. franchise is $48,225 and can go all the way up to $190,050. Keep in mind, you should also allocate additional funds to live off of while the Property Management Inc. business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Property Management Inc. franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Property Management Inc. business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Property Management Inc. franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

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Download our guide to compare Property Management Inc.. Hotels to the Property Management, Outdoor Real Estate industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 117 70 29 158
2017 158 73 29 202
2018 203 63 34 231
2019 231 48 30 257
2020 257 67 33 292

Additional Details

How much does a Property Management Inc. franchise owner make?

Property Management Inc. franchise earnings and revenue can vary significantly from one franchisee to another.
The Property Management Inc. franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Property Management Inc. discloses financials at the unit level. In other words, they show how much Property Management Inc. franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the Property Management Inc. franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Property Management Inc.. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Property Management Inc. owners were making.

Visit the Property Management Inc. metrics tab to explore the financials for this business.

What is the Property Management Inc. franchise fee?

Owning a Property Management Inc. franchise requires a variable royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Property Management Inc. Franchise Disclosure Document

Keep in mind, there is also an initial Property Management Inc. franchise fee of $45,000 that is included in the initial investment amount of $48,225 to $190,050. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Property Management Inc. franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Property Management Inc. franchise fee of $45,000.

Visit the Property Management Inc. metrics tab to explore the financials for this business, royalty and marketing fees compare to other Real Estate franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Property Management Inc. founded?

Property Management Inc. started offering franchises in 2008. Property Management Inc. was founded 14 years ago in 2008.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Property Management Inc. locations are in the U.S.?

As of 2021, there were 296 locations across the U.S. There are also 2 corporate locations. Most Real Estate franchises like Property Management Inc. have more franchised locations than corporate locations.

How many Property Management Inc. franchises opened over the past few years?

Over the prior 3 years we have data for, Property Management Inc. has opened 178 outlets throughout the U.S. Visit the Property Management Inc. metrics tab to explore how the openings compare to other Real Estate franchises.

How many Property Management Inc. franchises closed over the past few years?

Over the prior 3 years we have data for, Property Management Inc. has closed 97 outlets throughout the U.S

Visit the Property Management Inc. metrics tab to explore how the openings compare to other Real Estate franchises.

Is Property Management Inc. growing? Are they opening more locations than they are closing?

The net unit growth rate for Property Management Inc. over the past 3 years is 46%. Over the last year we have data for, Property Management Inc. had a net unit growth rate of 15%.

Without a comparison, this number doesn’t mean much. Compare how the Property Management Inc. growth rate compares to 2,000+ other franchises and Industry franchises like Property Management Inc.. More info in the Property Management Inc. metrics tab.

Is Property Management Inc. franchise eligible for an SBA Loan?

Property Management Inc. is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Property Management Inc. franchise was assigned the SBA Franchise ID of S1361 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Property Management Inc. that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Property Management Inc. a franchise in the United States?

According to the SBA, Property Management Inc. meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Property Management Inc. provides you with an FDD if you are in discussion to buy a Property Management Inc..

What is the Property Management Inc. Franchise for Sale Rate?

The Property Management Inc. systemwide health and franchisee satisfaction can be measured by the Property Management Inc.franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Property Management Inc. franchise for sale rate over the past 3 years is 5%. Over the last year we have data for, Property Management Inc. had a franchise for sale rate of 1%.

Without a comparison, this number doesn’t mean much. Compare how the Property Management Inc. franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Property Management Inc.. More info in the Property Management Inc. metrics tab.

What is the Property Management Inc. Franchise Failure Rate?

Property Management Inc. franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Property Management Inc. failure rate over the past 3 years is 33%. Over the last year we have data for, Property Management Inc. had a franchise failure rate of 11%.

Without a comparison, this number doesn’t mean much. Compare how the Property Management Inc. franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Property Management Inc.. More info in the Property Management Inc. metrics tab.

How can I find out more details on Property Management Inc. franchise?

Visit the Property Management Inc. metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Property Management Inc.

$119,138

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Property Management Inc.

VARIES

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Property Management Inc.

$52,500

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

Download Latest FDD (2021)

General

Industry

Real Estate

Category

Property Management

SBA Identifier

S1361

Year of Founding

2008

Fees

Marketing Fee

2%

Royalty Fee

VARIES

Franchise Fee

$45,000-$60,000

Investment Range

$48K-$190K

Location units

Total U.S. Locations

294

U.S. Franchised Units

296

U.S. Corporate Units

2

Headquarters (City)

Lehi

Other

Item 19 - Franchise Financials

Yes

Financing Availability

yes

Started Offering Franchises

2008

Issuance of FDD Data

03/01/2021

Detailed Franchise metrics for Property Management Inc.

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Property Management Inc. below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Property Management Inc.

$52,500

Industry median

All franchises median

Unlock premium content

Franchise Disclosure Document

Download Latest FDD (2021)

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Property Management Inc.

-

33%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Property Management Inc.

-

5%

Industry median

All franchises median

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Business details

Website

https://***********.com

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Business email

**********@******.com

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Mailing address

2940 W. Maple Loop Drive, #104

State headquarters

Utah

Key leadership

Property Management Inc.

Phone

+1 (000) 0********00

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City

Lehi

Zip code

84043
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