PROPERTY MANAGEMENT INCORPORATED FRANCHISE LLC

The entry point demands a $64,900 franchise fee, but ongoing costs stack up quickly per FDD Item 7 and fees notes: tiered royalty drops from 7% to 5% based on volume (minimum $350-$1,050 monthly), plus 2% brand/ad fund, a mandatory $749/month Digital Essentials package, at least $100+/month bookkeeping minimum, and insurance equivalents of $167-$417/month. Item 19 reveals average gross revenue of $490,760 across units, suggesting potential after fees if you hit scale—though no net profit figures are provided, leaving margin analysis to your diligence. These extras total $1,500-$3,000+ monthly minimums, so territories with high property turnover are key to covering them.

System vitality looks healthy: franchising since 2008 from Lehi, UT, with 402 locations (up 6% from 374 in 2023 to 397 in 2024), just 22 terminations (low ~5% rate), 2 transfers, and 47 projected new units signaling expansion momentum. No major litigation or SBA default flags noted in the 2025 FDD. For investors, this points to a mature brand in a recession-resistant category, where $491K avg sales could yield strong ROI in dense markets—but watch those fixed monthly fees eating into early cash flow.