Casago (unit)
Casago franchises full-service property management businesses specializing in short-term vacation rentals and corporate housing. Franchisees recruit property owners, market rentals, develop pricing strategies, process payments, manage guest check-ins/outs, housekeeping, maintenance, and other approved services using Casago's proprietary system. The target market is owners and agents of residential rental properties in competitive vacation rental markets.
Franchise Costs
3.5% royalty (sliding scale: 3.5% to 1.5% based on annual Gross Rental Revenue) + 0.5% system marketing fund + $900/mo Casago Owner Marketing Service (up to $5,000/mo for underperformers)
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
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Casago (unit) Franchise Analysis
Vacation rental management is booming, and Casago positions itself as a full-service player in competitive markets. Their 2026 FDD teases massive expansion with projections for dozens of new units, alongside a handful of terminations and one system transfer that hint at early pains in a young system. Does this 2021-launched brand deliver stability amid the hype, or are the undisclosed earnings a red flag for investors?
Item 7 lays out a wide initial investment of $23,000 to $1,287,000, covering franchise fee ($28,000), real estate, equipment, and working capital for recruiting property owners and handling bookings via their proprietary system. Ongoing fees include a sliding royalty from 3.5% down to 1.5% on gross rental revenue, plus 0.5% ad fund and $900/month marketing service (up to $5,000 for low performers). No Item 19 means no disclosed revenue or profit figures, forcing buyers to dig into the one SBA loan averaging $1,346,000 for clues—suggesting some franchisees need big financing to scale in high-variance vacation markets.
From 37 locations in 2024 to 125 in 2025, that's 238% growth, with 69 projected new units signaling aggressive franchising since 2021. But 7 terminations, 1 transfer, and a wrongful termination litigation note in a 125-unit system (4 corporate) point to execution risks for newbies. Strong growth trajectory beats many peers, yet the lack of financial transparency and fee add-ons make Casago a high-upside bet for experienced operators in tourist hotspots, not beginners.
Analysis based on the 2026 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.
How Casago (unit) Compares
Key Insights
- One of the lowest investment costs in Property Management (ranked #1 of 12)
- #2 largest franchise system in Property Management
- One of the lowest SBA loan default rates in Property Management
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Casago (unit) Current | $23K – $1.3M | $28K | 3.5% | 125 |
| SOLA SALONS | $1.2M – $1.9M | $60K | 5.5% | 660 |
| ALL COUNTY | $86K – $118K | $59K | 7.0% | 78 |
| Home Smiles | $153K – $200K | $60K | 6.0% | 77 |
| GRAND WELCOME | $68K – $170K | $49K | 8.0% | 62 |
| Keyrenter Property Management | $116K – $241K | $50K | 7.0% | 58 |
Property Management Average 12 franchises | $219K – $502K | $47K | 6.6% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 12 Property Management franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2025)
Outlets by state across the United States
+11 more states
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SBA Loan History
Historical SBA 7(a) loan data for Casago (unit) franchisees (2025 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
1 SBA loans on record
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Franchisee Contacts
40 franchisee contacts on file from official FDD filings.
40 Contacts Available
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Due Diligence
Litigation (Item 3)
Wrongful termination dispute by former franchisee.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
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Frequently Asked Questions
The total initial investment to open a Casago (unit) franchise ranges from $23,000 to $1,287,000. This includes a franchise fee of $28,000. Ongoing royalty fees are 3.5% of gross sales.
Download Casago (unit) FDD
Complete Franchise Disclosure Document — 2026 filing.
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Download Casago (unit) FDD
Complete Franchise Disclosure Document — 2026 filing.
Best Value — Save with Full Access
- Access the full database of 1,700+ franchise FDDs
- Franchisee names, phone numbers & locations
- Revenue data, fees, investment breakdowns
- SBA loan history & default rates
- Litigation, bankruptcy & due diligence data
- Pay once, access everything forever
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