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Property Management Inc. franchise financing options

Compare costs, fees and where to get financing for a Property Management Inc..

Overall costs for Property Management Inc. run anywhere from $41,800 to $180,002,620,118,400. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Property Management Inc. franchise may result in higher or lower fees.

Franchise fees

Property Management Inc. franchise fees total around $42,500, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Initial franchise fee $35,000 to $50,000
Royalty Monthly: (i) 3.0% of brokerage and (ii) a tiered percentage of gross revenue (the greater of 7% or $300 on gross revenue up to $35,000; plus 6% of gross revenue from $35,001- $75,000; plus 5% on gross revenue above $75,001), plus (iii) 0.5% on self-owned properties of rent and leasing fees collected.
Estimated total $35,000 to $50,000

Equipment fees

Equipment fees total $4,650 for Property Management Inc.. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Equipment and business supplies $500 to $3,000
Computer hardware and software $300 to $5,500
Estimated total $800 to $8,500

Real estate fees

Real estate will set you back $3,500 for Property Management Inc., thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Rent $0 to $1,500
Rental improvements $0 to $2,500
Deposits $0 to $2,500
Initial trust account, deposit for short-term rental operations $500u00a0 to u00a0$1,000
Estimated total $500 to $6,500

Training fees

Property Management Inc. initial training costs total $1,900, which comes in under the nationwide average of $9,788.
Training Cost
Pillar certification $0 to $3,800
Estimated total $0 to $3,800

Marketing costs

Advertisement and marketing costs total up to $9,000 for Property Management Inc., beating out the nationwide average of $9,938.
Marketing Cost
Local advertising expenses for three months $4,500 to $13,500
Local advertising Minimum of $1,500 per month. (Digital marketing program and social media services count toward the $1,500 per month minimum.)
Estimated total $4,500 to $13,500

Administrative fees

Property Management Inc. administrative fees total up to $90,001,310,006,050 — which comes in over the overall nationwide average of $6,761.
Admin Cost
PMI books $0$0$0 to $18,000$26,200$12,100
Estimated total $0 to $180,002,620,012,100

Personnel costs

Uniforms, name tags and the like make up personnel costs, and for Property Management Inc. it will run you $1,750. The nationwide average cost of personnel fees comes in at $22,818, which means you'll be paying less to outfit your employees.
Personnel Cost
EPMC conversion fee $1,000 to $2,500
Estimated total $1,000 to $2,500

Other expenses

Miscellaneous expenses for Property Management Inc. total $10,750 — less than the nationwide average of $69,970.
Other Cost
Professional services $0 to $1,500
Three months' additional funds $0 to $20,000
Estimated total $0 to $21,500
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

Since the estimated total for Property Management Inc. is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Property Management Inc. franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Property Management Inc. about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $90,001,310,080,100 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

You have several options when it comes to financing a Property Management Inc. — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
  • Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
  • Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Property Management Inc. opening costs.
  • SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Also check if Property Management Inc. franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $41,800. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
OnDeck small business loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Great for SBA loan applicants.
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
LendingClub personal loans for business
$1,000
$40,000
US citizen or permanent resident, verifiable bank account, steady source of income, ages 18+.
Get prequalified for a personal loan up to $40,000 to help you grow your business. Great for new business owners with at least fair credit.
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How Property Management Inc. stacks up

Compare how Property Management Inc. holds up against two similarly sized franchises.
Expedia CruiseShipCenters Property Management Inc. Decorating Den Interiors
Average Franchise fees $39,000 $42,500 NA
Average Equipment fees $34,050 $4,650 NA
Average Real estate fees $59,825 $3,500 NA
Average Training fees $1,123 $1,900 NA
Average Inventory fees NA NA NA
Average Marketing fees NA $9,000 NA
Average Licenses and permits fees $1,000 NA NA
Average Insurance fees $1,400 NA NA
Average Admin fees NA $90,001,310,006,050 NA
Average Personnel fees NA $1,750 NA
Average Other fees $94,800 $10,750 NA

Bottom line

Property Management Inc. franchise costs run a total of $90,001,310,080,100. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

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