The total investment necessary to begin operation of a Real Property Management franchise ranges from $111,514 – $166,964 depending on market size, the rental space you select, and other discretionary decisions. This includes the franchise fee of $59,900, and initial start-up expenses of between $51,614 – $107,064. (For veterans we participate in the International Franchise Association Vetfran program and offer new franchisees a 15 percent discount on the franchise fee in recognition for the service provided to our country.) Start-up expenses include real estate/rent including leasehold improvements, utility deposits and signage; office equipment, furniture, fixtures and supplies; training travel; software and technology fees; insurance; licenses; legal and accounting fees, marketing, royalties, and miscellaneous. Note that there are no costs associated with carrying inventory of product, capital equipment, or high-cost retail space. Refer to Item 7 of the 2021 Real Property Management SPV LLC Franchise Disclosure Document.
Franchise Costs (published in our franchise brochure):
- Franchise Fee: $59,900
- Working Capital: Minimum of $112k (includes the $59.9K franchise fee)
Qualified franchise candidates will have the opportunity to review detailed costs as well as financial performance representation in the 2021 Franchise Disclosure Document (FDD). The franchise fee is due at the time of signing, and the remaining working capital is needed for the first few months of operations as you begin your new business.