Wallace Property Management Group

At a Glance

Products & Services: Property management

Number of Locations: 1

Total Investment: $51.4K - $71.3K

Founded: 2006

Began Franchising: 2014

Franchise Units

Year U.S. Canadian International Company Owned
2015 0 0 0 1
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: $51,400 - $71,250
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: $10,000 off franchise fee
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $40,000 - $100,000
Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 2. Absentee ownership of franchise is NOT allowed..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Accounts Receivable

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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