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Units as of 2020
257 (57 added in 3 years)
28.5%
2021 Franchise 500 Rank
#265 Ranked #281 last year
Initial investment
$43K - $167K

Company Overview

About Property Management Inc.

Founded
2008
Leadership
Steve Hart, CEO

Franchising Overview

Franchising Since
2008 (13 years)
# of employees at HQ
35
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
257 (as of 2020)

Franchisor Information

Corporate Address
2940 W. Maple Loop Dr., #104
Lehi, UT 84043

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
$15,000 - $50,000
Initial Investment
$42,550 - $166,600
Net Worth Requirement
$50,000 - $500,000
Cash Requirement
$50,000 - $120,000
Veteran Incentives
10% off standard ($40,000) franchise fee
Royalty Fee
7%
Ad Royalty Fee
to 2%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

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

Third Party Financing
Property Management Inc. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

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
40 hours
Classroom Training
40 hours
Additional Training
Online training
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
Marketing Support
Ad Templates
Marketing Planning & Support
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?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

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.

Ranked #265

Franchise 500 Ranking

Ranked #73

Fastest-Growing Franchises

Ranked #148

Top Franchises for Veterans

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021
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