Costs to own a Real Property Management franchise are significantly less than most franchises, particularly due to low operating costs and initial staffing needs, no build-out costs of a retail space, and no inventory.
A Real Property Management franchise owner’s initial investment ranges from $86,795 to $113,795, depending on variable expenses in local markets. This range includes a one-time franchise fee, plus estimated expenses related to opening a business such as office space, marketing, technology, licensing and insurance. A franchise owner must also cover living expenses which is not reflected in the investment range. The Real Property Management investment model results in a franchise with tremendous scalability and earning potential. Our best franchisees have demonstrated their commitment to working hard as owner operators first, prior to reaping the rewards of their efforts and reducing their day to day role over time.
Franchise Costs (published in our franchise brochure):
- Franchise Fee: $45,000
- Working Capital: Minimum of $90,000 (includes the $45K franchise fee)
Qualified franchise candidates will have the opportunity to review detailed costs as well as financial performance representation in the 2017 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.