Property Management Inc.

WHY Property Management Inc.?
Greater insight into property trends and prices
Access to newly available properties to add to your business portfolio
Ongoing real estate and brokerage training and support
OUR IDEAL FRANCHISEE
Sales and Marketing Mindsets
Business Builders
Want a Realtor License
AVAILABLE MARKETS
US markets available: All except noted below
HOT Regions/Desirable: All
NOT available: None
Available in Canada: Yes (While PMI does not do any locations in Canada, we do take referrals (leads) and E2s from Canada)
International Referrals: Yes
BACKGROUND
Year founded: 2008
Year Franchised: 2009
Number of franchises currently operating: 400+
Number of International franchises currently operating:
Number of corporate owned franchises: 0
Home Based: Yes
Absentee ownership available: Yes
Semi-Absentee ownership available: Yes
Accepting Master Franchisor and Area Developer Referrals: Yes
Average number of employees required: 1
E2 Visa Friendly: Yes
FINANCIAL DETAILS
Franchise Fee: Single: $64,900
Providing earnings guidance in Item 19 in FDD: Yes
Total investment range: Single Unit: $77,239 - $153,775
Net worth requirement: $250,000
Royalty: Royalty fee is (i) 5% of Brokerage, plus (ii) a tiered percentage of Gross Revenue as follows the greater of 7% or $350, $700, $1,050 based on TSQ, plus 6% of Gross Revenue from $35,001-$75,000, plus 5% of Gross Revenue above $75,001.
Additional fees: National Advertising Fee: 2.0% of Gross Revenue; Local Advertising: Minimum of $1,500 per month and $1,000 per month for each additional pillar.
Financial assistance available: No
VetFran program: Yes
SUPPORT & TRAINING PROVIDED:
Training and support program details:
Phase 1 - Six weeks of Pre-Startup Training
Phase 2 - Five days of training at our Corporate Headquarters
Phase 3 - Twelve to Sixteen Weeks of PMI LAUNCH program
Cost for Training: $
Lodging and airfare included: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Mentor following training: Yes
Length of mentoring Franchisee: Ongoing