Premium property management service franchise Business Type: Property Management Franchise Year Founded: 2004 Franchise Fee: $40,000 Initial Investment: $75,000 to $150,000 Liquid Capital: $75,000 Support and Training: Yes Home Based: Yes Financing Available: 3rd Party Number of Operating Units: 14
The Renter-s Warehouse franchise offers a complete business model based on technology, operating systems, marketing programs and proven property management business tools.
About Us Renters Warehouse was named the largest and fastest growing property management company in Minnesota by Inc. Magazine. In addition to Minnesota, they are ranked #3 in the nation. Renters Warehouse is also considered the largest Minneapolis Property Manager. Renters Warehouse was also featured #132 in the Inc. 500 for fastest growing privately held companies in America! Renters Warehouse was also named the “Best Places to Work� by Minneapolis St Paul Business Journal in 2010 and 2011!
Since 2004, CEO and Founder Brenton Hayden, a Harvard Business School and Massachusetts Institute of Technology graduate, led Renters Warehouse to achieve tremendous success. As a result, Entrepreneur Magazine in 2010, as well as being named the “Young Entrepreneur of the Year 2010” in Minnesota named Brenton “Top 5 Emerging Entrepreneurs”. Cambridge Registry and Donald Trump Jr also honored Brenton as the “Real Estate Professional of the Year” in 2011. The success earned Brenton 3 real estate related talk shows on radio stations such as AM1280 the Patriot, AM1570 Wall Street Business Talk and also Fox News Talk AM1130 KTCN. Currently Brenton hosts and produces “Real Estate Coaches” on KFAN FM 100.3 Saturdays at noon. PROPERTY MANAGEMENT – A $60 BILLION DOLLAR INDUSTRY! Real estate property management is a *$60 billion dollar industry. That’s a $9.7 billion increase over five years (up from $18.8 billion in 2002), according to the 2007 U.S. Census Bureau of Economic Analysis. In 2011 the real estate industry was named one of the fastest growing industries by median growth rate with a *233% increase, according to a 2011 Inc. Magazine article. It just so happens that Renter Warehouse was named #132 by INC. magazine in the 2011 INC. 500/5000 fastest growing privately held companies in America. Renters Warehouse was also named #3 in the real estate sector. We invite you to find out why and learn more about our exciting property management franchise opportunities.
Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual. Q. What are your royalty fees for a Renters Warehouse property management franchise? A. Renters Warehouse has one of the lowest royalties in the property management franchise business. At just 4.5% we want you to keep more of your money! 4.5% is
worth more when you’re profitable, than 7% is when you’re not! Use this extra money you save by buying a Renters Warehouse franchise to invest in you and your business and not us! Q. How long of an agreement do I get? A. Renters Warehouse provides one of the longest agreements in the business. At 7 years in length we are committed to your long term success. The agreement is easily renewed as well. Compare to the typical 5 year agreement offered by other franchisors in the property management industry. This longer term is a plus, especially when you consider that we require a lower royalty fee! Q. What is your franchise fee for a Renters Warehouse property management franchise? A. Our franchise fee is $25,000, plus $5000 start-up kit. The start-up kit includes your website, signage, documents, and even pre-paid marketing and advertising allowances. For the franchise fee you will obtain an easy to use operations manual, initial training, and designated territory. Not to mention the use of our branded and trademarked logo and name! Q. Are their opportunities to expand with Renters Warehouse into other territories and own multiple locations? A. Yes! We hope that you will find great success through our business model, which will lead to you acquiring multiple offices and territories. We also offer and allow potential franchisees to increase their territory for an extra fee disclosed in the FDD. The Renter-s Warehouse Property Management franchise is designed to deliver a complete business solution to a new or existing real estate management professional. Disclosure: This franchise sales information on this site do not constitute an offer to sell a franchise. The offer of a franchise can only be made through the delivery of a FDD. Certain states require that we register the FDD in those states. We do not direct the communications on this web site to the residents of any of those states. Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration) and delivered
the FDD to the prospective franchisee in compliance with applicable law. *$60 Billion statistic was gathered by using revenue code 531311 defined by the U.S. Census Bureau as � those engaged in managing residential real estate for others�. This was further validated by the National Association of Residential Property Managers (NARPM) as the most recent statistic they have available as of 3/7/2011. *233% median growth rate statistic was gathered by Inc. Magazine and made available by them 9/7/2011.
For further information, contact Franchise Consultant Taylor Speer-Sims at 615.603.6374 or email at taylorspeersims@yahoo.com.