Property Management Incorporated (PMI)
Bottom line
- Total investment $102K – $166K including a $70K franchise fee, 5.0% ongoing royalty.
- Average unit revenue of $643K/year.
- Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 234 loans (below the industry average).
- No protected territory and the franchisor reserves the right to compete in your area. Clarify territorial boundaries before signing.
Item 1 · who you're contracting with
The Franchisor
Yale framework · single-unit ROIC
Returns Analysis
Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.
The model · Yale framework
What would one Property Management Incorporated (PMI) unit return on the cash you put in?
Unlevered ROIC · per unit
69%
Above typical band (30–60%)
Levered LBO scenario · Yale Crease Capital framing
What would 25 Property Management Incorporated (PMI) units return on equity?
Equity IRR · 5-yr
49.9%
7.57× MOIC
Year-1 DSCR
1.88×
EBITDA ÷ debt service
Equity required
$1.2M
on $5.8M purchase
Total debt
$4.6M
SBA $2.9M + senior + seller note
Overview
About
PMI franchisees operate property management businesses, handling tenant acquisition, rent collection, maintenance coordination, and landlord relations for residential or commercial properties. Day-to-day activities include tenant screening, lease administration, property inspections, vendor management, and financial reporting. Revenue derives from management fees (percentage of collected rent) and ancillary services like maintenance oversight.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 14 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 phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.
Government records
SBA Loan Data
Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
PMI presents significant caution-level risk due to franchisor going concern status, minimal system growth, undisclosed profitability metrics, and unprotected territories that could undermine franchisee viability.
Score breakdown · what drove the 44 / 100 rating
- 01HIGHGoing Concern status indicates potential financial distress or uncertainty at franchisor level
- 02MINORStagnant unit growth (1.0% YoY) across 408 units suggests market saturation or franchisee dissatisfaction
- 03MINORNo Average Net Income disclosure prevents accurate ROI analysis despite $643k average revenue
- 04MINORComplex tiered royalty structure (5% brokerage + 7-5% gross revenue) creates unpredictable cost burdens
- 05MINORUnprotected territory exposes franchisees to direct competition from other PMI units
- 06MINORHigh franchise fee ($69,900) combined with opaque profitability creates elevated financial risk
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
Item 11
Training & Operations
Item 20
Franchisee Contacts
Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.
Franchisee contacts
96 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Property Management Incorporated (PMI) · FDD (2026) PDF