General

Industry

Real Estate

Category

Property Management

SBA Identifier

S1407

Year of Founding

2004

Fees

Marketing Fee

2%

Royalty Fee

Varies

Franchise Fee

$59,900-$59,900

Investment Range

$99K-$147K

Location units

Total U.S. Locations

360

U.S. Franchised Units

360

U.S. Corporate Units

0

Headquarters (City)

Waco

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2004

Issuance of FDD Data

04/01/2022

What to know about Real Property Management franchise?

A Real Property Management franchise permits you to operate a business providing property management services, including the management of maintenance and repair services and rent collection. A Real Property Management franchise is generally granted within a metropolitan area that has a population of more than 100,000 people. However, at our discretion, we may grant a franchise within an isolated metropolitan area that has a population of fewer than 100,000 people, and for existing franchisees, we may grant additional franchises within an area that has a population of less than 60,000.

Real Property Management is based in Waco, TX. Scroll down to learn more!

How much does a Real Property Management franchise cost?

Are you wondering how much is a Real Property Management franchise? Before starting a Real Property Management 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 Real Property Management franchise is $99,392 and can go all the way up to $146,542. Keep in mind, you should also allocate additional funds to live off of while the Real Property Management 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 Real Property Management franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Real Property Management business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Real Property Management 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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Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 264 18 18 262
2017 262 33 18 276
2018 276 27 5 298
2019 298 32 15 315
2020 315 28 7 336
2021 336 36 12 360

Additional Details

How much does a Real Property Management franchise owner make?

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

Real Property Management discloses financials at the unit level. In other words, they show how much Real Property Management 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 Real Property Management franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like Real Property Management. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those Real Property Management owners were making.

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

What is the Real Property Management franchise fee?

Owning a Real Property Management franchise requires Varies 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 Real Property Management Franchise Disclosure Document

Keep in mind, there is also an initial Real Property Management franchise fee of $59,900 that is included in the initial investment amount of $99,392 to $146,542. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Real Property Management franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Real Property Management franchise fee of $59,900.

Visit the Real Property Management 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 Real Property Management founded?

Real Property Management started offering franchises in 2004. Real Property Management was founded 18 years ago in 2004.

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 Real Property Management locations are in the U.S.?

As of 2022, there were 360 locations across the U.S. There are also 0 corporate locations. Most Real Estate franchises like Real Property Management have more franchised locations than corporate locations.

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

Over the prior 3 years we have data for, Real Property Management has opened 96 outlets throughout the U.S. Visit the Real Property Management metrics tab to explore how the openings compare to other Real Estate franchises.

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

Over the prior 3 years we have data for, Real Property Management has closed 34 outlets throughout the U.S

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

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

The net unit growth rate for Real Property Management over the past 3 years is 21%. Over the last year we have data for, Real Property Management had a net unit growth rate of 7%.

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

Is Real Property Management franchise eligible for an SBA Loan?

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

Real Property Management franchise was assigned the SBA Franchise ID of S1407 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Real Property Management 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 Real Property Management a franchise in the United States?

According to the SBA, Real Property Management 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 Real Property Management provides you with an FDD if you are in discussion to buy a Real Property Management.

What is the Real Property Management Franchise for Sale Rate?

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

Real Property Management franchise for sale rate over the past 3 years is 11%. Over the last year we have data for, Real Property Management had a franchise for sale rate of 2%.

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

What is the Real Property Management Franchise Failure Rate?

Real Property Management 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!

Real Property Management failure rate over the past 3 years is 9%. Over the last year we have data for, Real Property Management had a franchise failure rate of 3%.

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

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

Visit the Real Property Management 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

Real Property Management

$122,967

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Real Property Management

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.

Real Property Management

$59,900

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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General

Industry

Real Estate

Category

Property Management

SBA Identifier

S1407

Year of Founding

2004

Fees

Marketing Fee

2%

Royalty Fee

Varies

Franchise Fee

$59,900-$59,900

Investment Range

$99K-$147K

Location units

Total U.S. Locations

360

U.S. Franchised Units

360

U.S. Corporate Units

0

Headquarters (City)

Waco

Other

Item 19 - Franchise Financials

Yes

Financing Availability

-

Started Offering Franchises

2004

Issuance of FDD Data

04/01/2022

Detailed Franchise metrics for Real Property Management

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Real Property Management 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.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Real Property Management

7%

21%

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

Real Property Management

3%

11%

Industry median

All franchises median

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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

Real Property Management

5%

9%

Industry median

All franchises median

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News
Activity
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Business details

Company Name

http://www.realpropertymgt.com/

Business email

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

Mailing address

1010 North University Parks Drive

State headquarters

Texas

Owner Name

Real Property Management

Phone

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

City

Waco

Zip code

76707
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