Wallace Property Management Group

At a Glance

Products & Services: Property management

Number of Locations: 1

Total Investment: $51K - $72K

Founded: 2006

Began Franchising: 2014

Franchise Units

Year U.S. Canadian International Company Owned
2014 0 0 0 1
2013 0 0 0 0
2012 0 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Midwest, Nebraska, North Carolina, Northeast, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, Puerto Rico, South, South Carolina, Southeast, Southwest, Tennessee, Texas, Utah, Vermont, West, West Virginia, Wyoming.

Startup Costs, Ongoing Fees and Financing

Total Investment: $51,000 - $72,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: $10,000 off franchise fee

How This Franchise Supports Franchisees

Training: At franchisee's location: 1 week. Quarterly field visits, 2 days; ongoing training via webinar
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Regional advertising,
Other marketing support: Advisory board

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