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2024 Franchise 500 Rank
#155 Ranked #146 last year
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Initial investment
$70K - $148K
Units as of 2023
415 Increase 61.5% over 3 years

Property Management Inc. was founded in 2008 and began franchising the same year. It is a top property management franchise that offers four primary services: managing commercial, residential, vacation, and association rental properties. They are ranked near the top of the property management industry and may provide unmatched services and value. With a general idea to help more than just those who open one of their franchises, Property Management Inc. wants to help the community. You may be able to trust Property Management Inc. with your investment properties!

Why You May Want to Start a Property Management Inc. Franchise

Property Management Inc. strives to help the community in all its short-term, residential, and commercial needs. This automatic diversification of services offered may mean better chances of customer conversion. The property management industry is important and lively, and you should team up with a franchise expert and a trusted guide. Since the Property Management Inc. brand is known and trusted, you may find yourself as one of the best options for clients hiring management services for their property.

Multiple times in recent years, Property Management Inc. has been ranked in Entrepreneur’s Franchise 500 based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

Whether you have experience in property management or not, you will be guided by the franchisor to help you make the most of the opportunity. Training and technology, marketing, and back-office support are provided for almost all franchisees. Using the software packages, you can streamline your operations. You might also benefit from the accounting services offered by the franchisor. 

What Might Make a Property Management Inc. Franchise a Good Choice?

To be part of the Property Management Inc. team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. Property Management Inc. may offer a significant discount off the franchise fee for veterans. Additionally, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

As you decide if opening a Property Management Inc. franchise is the right decision for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Property Management Inc. franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

How to Open a Property Management Inc. Franchise

Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. Speak to existing franchisees and ask questions directed to the Property Management Inc. team.

Are you ready to join the network of Property Management Inc. franchisees? Manage your property the Property Management Inc. way and submit an inquiry form to get started with the process. If you are seen as a good fit, a Property Management Inc. franchise representative may reach out to you.

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Company Overview

About Property Management Inc.

Industry Business Services
Related Categories Property Management, Miscellaneous Business Services, Miscellaneous Services
Founded 2008
Parent Company Property Management Inc.
Leadership Greg Allison, VP Marketing
Corporate Address 2901 W. Bluegrass Blvd., #420
Lehi, UT 84043
Social Facebook, Twitter, LinkedIn, Instagram

Business Overview

Franchising Since 2008 (16 years)
# of employees at HQ 49
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises in the following international regions: Europe (Eastern), Central America

# of Units 415 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Property Management Inc. franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$59,900 - $85,000
Initial Investment Information Circle
$70,125 - $148,000
Net Worth Requirement Information Circle
$150,000 - $500,000
Cash Requirement Information Circle
$75,000 - $120,000
Veteran Incentives Information Circle
10% off standard franchise fee ($55,000)
Royalty Fee Information Circle
Varies
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing Property Management Inc. offers in-house financing to cover the following: franchise fee, startup costs
Third Party Financing Property Management Inc. has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training 46-69 hours
Classroom Training 47 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Co-op Advertising
Ad Templates
National Media
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run 1
Are exclusive territories available? Information Circle
No
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Franchise 500 Ranking History

Compare where Property Management Inc. landed on this year's Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Property Management Inc. ranked on other franchise lists? Find out below.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022