Bottom line
- Total investment $92K – $266K including a $60K franchise fee.
- No Item 19 financial performance data disclosed — the franchisor chose not to publish revenue figures.
- Rated STRONG with a risk score of 53/100. SBA loan default rate of 0.0% across 179 loans (below the industry average).
- System growing at 17.5% CAGR over 3 years with 423 total units — strong expansion trajectory.
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 Real Property Management unit return on the cash you put in?
Unlevered ROIC · per unit
42%
In Yale's "attractive" band (30–60%)
Overview
About
Franchisees operate residential property management services, overseeing tenant placement, rent collection, maintenance coordination, and tenant relations for residential investment properties. Revenue splits between non-maintenance (leasing/admin) and maintenance services, each taxed at different royalty rates. Daily operations involve tenant communication, contractor coordination, compliance with local landlord-tenant laws, and property inspections.
Item 7 · what it costs
The Vitals
Item 19
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
Item 20 · unit dynamics
The Growth Chart
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 13 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
Property management franchise with opaque financials, regulatory/litigation baggage, and ambiguous royalty structure presents moderate-to-high risk despite protected territories and 10-year term.
Score breakdown · what drove the 53 / 100 rating
- 01MEDNo Item 19 financial disclosure (avg revenue/net income not disclosed) prevents ROI validation on $91.7k-$266.2k investment
- 02HIGHLitigation involving trademark disputes, tenant habitability claims, and FTC/state regulatory actions against parent company affiliates indicate compliance and operational risk
- 03MEDDual royalty structure (7% non-maintenance + 3% maintenance OR minimum fee) creates unclear cost burden without disclosed minimum threshold
- 04MINORModest unit growth (8.7% YoY on 423 units = ~37 net adds) suggests market saturation or franchisee performance concerns
- 05MEDProperty management business model carries inherent tenant liability exposure, evidenced by disclosed habitability claims against managed properties
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
84 numbers
One-time purchase · CSV download · Validation questions included
FDD download
Real Property Management · FDD (2024) PDF