The investment level required to participate in an All County® Property Management franchise is usually $59,700 to $89,400. If you already have an office, the startup expenses could be considerably reduced.
Up front franchise fee of $30,000
$29,700 - $59,400 estimated start up capital and operating expenses
Here is a breakdown of startup costs:
Office Rent and Improvements $1,000 - $2,000 You will need to purchase or lease 950 to 1,200 square feet of office space to operate the business.
Signs $500 - $1,000
Capital Equipment and Supplies $4,000 - $5,000 The estimate for required office furniture, including a conference table, desks, chairs, etc. The estimate also includes an initial supply of yard signs and lock boxes.
Technology, Office Equipment, and Supplies $3,000 - $4,500 You will need to purchase or lease 3 desktop personal computers that comply with our specifications. The estimate includes 3 months of the software license fee. The estimate includes other required office equipment such as a printer, scanner, and related supplies.
Start-Up Marketing $1,500 - $2,500 We will train you in our marketing methods that have allowed our franchises to achieve the highest average revenue in the property management industry, but you will need to fund and implement the marketing program.
Insurance $2,500 Our franchises obtain both general liability and errors & omissions insurance.
Professional Fees $1,000 - $1,500 Professional fees may include setting up a corporation or other business entity, filing the necessary forms, setting up an accounting system, etc.
Licenses/Bonds $1,500 - $2,000 Your franchise must be under the direct control of a Managing Owner. This is an estimate of any required state licensing fees for the franchisee entity and the Managing Owner. Also, this estimate includes initial fees to join the National Association of Realtors.
Office Deposit $500 - $1,000
Other Deposits $2,000 - $3,000 This estimate includes any required deposits for utilities and leased equipment, including for a copier and the telephone system.
Expenses While Attending Training $700 - $2,400 You must attend 4 days of training at our main office in St. Petersburg, Florida. This is our estimate of your potential travel and living expenses to attend the training course.
Additional Funds $20,000 - $30,000 Additional funds are an estimate of the amount of cash required to cover any operating expenses during your first 3 months of operation.
These expenses are estimates of your initial investment in one location prior to commencing operations and for the first three months thereafter. We make no estimate regarding real estate acquisition costs. We do not require you to acquire real estate, other than your lease, to operate your All County® business. We relied upon personal experience and our affiliate’s experience in opening a similar business to the Franchise Business in compiling these estimates. You should review these figures carefully with a business advisor before making any decision to purchase the franchise.