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Real Property Management costs and fees

The average cost to open one of the 200 biggest franchises in the US is $1,202,874 — see how Real Property Management compares.

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Overall costs for Real Property Management run anywhere from $101,924 to $157,974. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

How COVID-19 affects franchising costs

Strict sanitation and employee protection measures during the coronavirus outbreak add to the typical costs you face when opening a new franchise. Paired with the unusually heavy amount of promotions that may be required by the franchise, you may not see as much in the way of profits starting out. For more information on what support is out there, read our guide to loans for businesses affected by the coronavirus.

Estimated initial costs

Our cost estimates are accurate as of 2019 from https://www.franchisedirect.com and include opening fees and expenses only. Your location may result in higher or lower fees.

Franchise fees

Real Property Management franchise fees total around $55,000, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Franchise fee $55,000 to $55,000
Estimated total $55,000 to $55,000

Equipment fees

Equipment fees total $22,100 for Real Property Management. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Vehicle $3,000 to $30,000
Equipment and supplies $2,500 to $5,000
Signage $200 to $1,000
Furniture, fixtures and equipment $500 to $2,000
Estimated total $6,200 to $38,000

Real estate fees

Real estate will set you back $2,750 for Real Property Management, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Real estate and rent $500 to $5,000
Estimated total $500 to $5,000

Training fees

Real Property Management initial training costs total $1,500, which comes in under the nationwide average of $9,788.
Training Cost
Training, travel, lodging and food $1,000 to $2,000
Estimated total $1,000 to $2,000

Marketing costs

Advertisement and marketing costs total up to $5,000 for Real Property Management, beating out the nationwide average of $9,938.
Marketing Cost
Three months' of marketing $5,000 to $5,000
Estimated total $5,000 to $5,000

Licenses and permits costs

Real Property Management initial licenses and permits will set you back $750. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Licenses, permits and subscriptions $500 to $1,000
License fee The greater of (i) 7% of Gross Sales plus 3% of Maintenance Revenues and (ii) $250, except for “roll-in” sales.
Estimated total $500 to $1,000

Insurance costs

Initial insurance costs for Real Property Management run $3,750. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Insurance $2,000 to $5,500
Estimated total $2,000 to $5,500

Administrative fees

Real Property Management administrative fees total up to $4,099 — which comes in under the overall nationwide average of $6,761.
Admin Cost
One-time setup fee and three months' subscription fee for property management software $1,024 to $1,024
Three months' software system fee $384 to $384
Three months' task management software, per user $66 to $66
Legal and accounting $250 to $5,000
Audit Cost of audit plus expenses, plus any amount owed as shown by the audit, plus interest and late fees.
Estimated total $1,724 to $6,474

Other expenses

Miscellaneous expenses for Real Property Management total $35,000 — less than the nationwide average of $69,970.
Other Cost
Three months' additional funds $30,000 to $40,000
Estimated total $30,000 to $40,000
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 2019.

How to finance

The best way to finance Real Property Management comes down to your personal financial situation. What assets you have available will largely determine how much you need to borrow, and which option suits you best. Potential solutions include:
  • Bank loan. Your personal credit plays a large role in getting a business term loan from a bank. Typically this type of funding is for larger amounts.
  • Online loan. Credit requirements may be more flexible for an online loan than a bank loan, but amounts may max out at a lower amount — typically around $1 million.
  • SBA loan. The good part about SBA loans is that they top out at $5 million, but your business has to meet a number of requirements.
  • Credit card. Small costs that aren't fixed, such as stray inventory and supply purchases, may be better off on a business credit card. Just make sure you can pay it off quickly to avoid high APRs.
Also check if Real Property Management 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

Data indicated here is updated regularly
Name Product Filter Values Min. Amount Max. Amount Requirements
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.
Fora Financial business loans
$5,000
$500,000
1+ year in business, $250,000+ annual 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.
First Down Funding business loans
$5,000
$300,000
At least 2 years in business, an annual revenue of $300,000+, and a minimum credit score of 400
Alternative financing up to $300K with highly competitive rates.
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.
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.
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How Real Property Management stacks up

Compare how Real Property Management holds up against two similarly sized franchises.
American Poolplayers Association Real Property Management Fit4Mom
Average Franchise fees NA $55,000 $9,445
Average Equipment fees $3,690 $22,100 $1,425
Average Real estate fees NA $2,750 NA
Average Training fees $3,147 $1,500 $1,000
Average Inventory fees NA NA $500
Average Marketing fees NA $5,000 $250
Average Licenses and permits fees NA $750 $1,975
Average Insurance fees $479 $3,750 $430
Average Admin fees $2,060 $4,099 NA
Average Personnel fees NA NA NA
Average Other fees NA $35,000 $1,620

Bottom line

Real Property Management franchise costs run a total of $129,949. 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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