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Wallace Property Management Group

Property management
Investment
$51,400
Initial Franchise Fee
$30,000
Units
N/A
Growth Rate
N/A

Overview

Industry
Business Services
Founded
2006
Franchising Since
2014
Parent Company
Leadership
Scott Wallace, Founder and CEO
# of Employees at HQ

Units and Growth Chart

No chart data available.

Investment Details

Initial Franchise Fee
$30,000
Initial Investment
$51,400 - $71,250
Net Worth Requirement
$100,000
Cash Requirement
$40,000 - $100,000
Royalty Fee
6%
Ad Royalty Fee
2%
Technology Fee
N/A
Term of Agreement
5 years
Is Franchise Term Renewable?
Yes
Financing
Third Party
Veterans Incentive
$10,000 off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
1 week
Classroom Training

Ongoing Support

Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations

Marketing Support

Co-op Advertising
Regional Advertising

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1-2
Are exclusive territories available?

Ranking History

Wallace Property Management Group performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022