Nexus Property ManagementFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Nexus Property Management franchise requires a total initial investment of $50K – $106K, including a $25K franchise fee and an ongoing 6.0% royalty[2]. The 2026 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: B. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2026 FDD issuance
Overview
- Investment
- $50K – $106K
- 4th pct Automotive
- Avg gross sales
- N/A
- 24th pct Automotive
- Royalty
- 6.0%
- 8th pct Automotive
- Units
- 5
- 4th pct Automotive
- SBA default
- N/A
Quick verdict · Automotive · color = vs category peers
Green = >15% above Automotive avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
The franchisor's auditor raised doubt about continued operations. This is a serious risk signal.
Bottom line
- Total investment $50K – $106K including a $25K franchise fee, 6.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict B (Above Average) with a risk score of 62/100.
- Auditor disclosed a going-concern note, which flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Nexus Franchise, LLC
- Ultimate parent
- None
- CEO title
- Founder and President
- Nick D’Agnillo
- CEO experience
- 17 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- RI
- HQ
- 49 North Union Street, Pawtucket, Rhode Island 02860
- Auditor
- Divine, Blalock, Martin & Sellari, LLC
- Audited financials
- Franchisor revenue
- $108K
- vs $93K prior year
- ⚠ Going-concern note
- Disclosed in FDD 2026
- Auditor flagged doubt about continued operations. Verify against the latest FDD before deciding.
Overview
About
Franchisees operate property management services for residential or commercial real estate portfolios, handling tenant relations, maintenance coordination, rent collection, and property compliance. Revenue comes from monthly management fees (subject to 6% royalty) and markup on maintenance services (subject to 2% royalty). Day-to-day work involves client communication, vendor management, lease administration, and accounting.
- CEO
- Nick D’Agnillo
- Headquarters
- RI
- Founded
- 2016
- FDD year
- 2026
- States available
- 4
FDD Item 7 · 2026 filing · 15 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $25K | $25K | |
| Technologynot refundable | $5K | $8K | |
| Equipment, Furniture and Fixturesnot refundable | $7K | $13K | |
| Real Estate | $1K | $8K | |
| Leasehold Improvementsnot refundable | $0 | $10K | |
| Utility Deposit | $0 | $300 | |
| Signagenot refundable | $0 | $5K | |
| Inventory of Products and Suppliesnot refundable | $3K | $10K | |
| Vehiclenot refundable | $0 | $3K | |
| Vehicle Graphicsnot refundable | $600 | $2K | |
| Staffingnot refundable | $0 | $8K | |
| Insurancenot refundable | $4K | $6K | |
| Travel, Lodging and Meals for Initial Training Programnot refundable | $800 | $2K | |
| Business Licenses, Permits, Certifications, Dues and other Professional Feesnot refundable | $1K | $2K | |
| Operating Expenses and Additional Fundsnot refundable | $3K | $6K | |
| Total initial investment | $50K | $106K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $50K – $106K
- Better than avg vs category
- Liquid capital req'd
- $3K – $6K
- Better than avg vs category
- Franchise fee
- $25K – $25K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Revenue · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 7.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 1.0% of gross sales |
| Training fee | $300 |
| Transfer fee | $10K |
| Renewal fee | $0 |
| Total fee load | 7.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Automotive averages
How Nexus Property Management Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 5
- Opened
- 2
- Last reporting year
- Closed
- 0
- Terminated
- 0
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 0.0%
- Company-owned
- 1
- Corporate units in the system
- % franchised
- 80%
- vs corporate-owned
- Net growth (yr3)
- +0.0%
- Net unit change last year
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 0
- Projected new
- 0
- Franchisor's next-year forecast
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 8 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA loan disclosures. This brand has only 2 7(a) loans on file; statistical reliability is limited below 10 loans.
- Total loans
- 2
- Loan volume
- $378K
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- N/A
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- N/A
- 5-yr charge-off
- N/A
- Loans approved 2021+
- Active lenders
- 1
- Defaults
- 0
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Nexus Property Management's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 1 lenders with concentration factor
- Per-state charge-off rates across 1 states
- Startup risk premium and job creation velocity
- 1-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Nexus is a micro-franchise with minimal proven track record, opaque financials, and no disclosed unit economics—making ROI validation impossible and risk assessment highly speculative.
Litigation (Item 3)
No litigation is required to be disclosed in Item 3.
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Divine, Blalock, Martin & Sellari, LLC⚠ Going-concern note flagged
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: No
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 62 / 100 rating
- 01MINOROnly 5 franchised units with unknown growth trajectory indicates extremely small, unproven system with minimal track record
- 02MINORNo Item 19 (Average Unit Volume) disclosure means franchisor won't share revenue/profitability data—cannot validate ROI claims
- 03MINORDual royalty structure (6% + 2%) totaling 8% on blended revenue is relatively high without transparency on what franchisees actually earn
- 04MEDHigh initial investment ($50k-$106k) paired with 5-year term and no disclosed average revenue creates uncertain payback period
- 05MINORTiny unit count (5) makes territory protection claim difficult to validate and raises questions about franchisor's ability to support growth
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 1 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 5 mi |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Governing law | Rhode Island |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation is required to be disclosed in Item 3.
Items 10, 11
Training & Operations
- Classroom training
- 30 hrs
- On-the-job training
- 20 hrs
- Training location
- On-site and off-site
- Ongoing training
- Required
- POS system
- NexusBackOffice
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: NexusBackOffice
Item 20 · call current owners
Franchisee Contacts
10 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Nexus Property Management · FDD (2026) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Nexus Property Management franchise?
The total investment to open a Nexus Property Management franchise ranges from $50K – $106K, with an initial franchise fee of $25K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Nexus Property Management franchise owners earn?
Nexus Property Management does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Nexus Property Management's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Nexus Property Management (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Nexus Property Management franchise locations are there?
As of their most recent FDD filing, Nexus Property Management has 5 total units in the United States, including 4 franchised units and 1 company-owned units. 2 new units were opened in the latest reporting year.
Is Nexus Property Management a good franchise to buy?
FranchiseVerdict rates Nexus Property Management as a B-grade franchise with a risk score of 62 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.