Wallace Property Management Group
Property management

Wallace Property Management Group
Property management

About
Founded

2006

Franchising Since

2014 (5 Years)

Corporate Address

P.O. Box 2125
Lexington, SC 29071

CEO

Scott Wallace

Financial Requirements
Initial Investment

$51,400 - $71,250

Net-worth Requirement

$100,000

Liquid Cash Requirement

$40,000 - $100,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Wallace Property Management Group has relationships with third-party sources which offer financing to cover the following: 
franchise fee, inventory, accounts receivable, payroll

Veteran Incentives

$10,000 off franchise fee

Support Options
Ongoing Support

Meetings/Conventions

Toll-Free Line

Grand Opening

Security/Safety Procedures

Field Operations

Marketing Support

Co-op Advertising

Regional Advertising

On-The-Job Training:

1 week

Additional Training:

Quarterly field visits, 2 days; ongoing training via webinar

Number of Employees Required to Run:

1 - 2

Cost
Initial Investment: Low - $51,400 High - $71,250
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, Puerto Rico, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: May 18th, 2015