Nexus Property Management
Property management- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$50K - $106K
- Units as of 2017
-
1 0.0% over 3 years
Company Overview
About Nexus Property Management
- Industry
- Business Services
- Related Categories
- Property Management,Miscellaneous Services
- Founded
- 2012
- Parent Company
- Nexus Franchise LLC
- Leadership
- Nicholas D'Agnillo, Founder and CEO
- Corporate Address
-
49 N. Union St.
Pawtucket, RI 02860
Business Overview
- Franchising Since
- 2017(6 years)
- # of employees at HQ
- 15
- Where seeking
-
This company is offering new franchisees in the following US states:
- # of Units
- 1(as of 2017)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Nexus Property Management franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $25,000
- Initial Investment
- $50,350 - $106,250
- Net Worth Requirement
- $100,000
- Cash Requirement
- $50,000
- Royalty Fee
- 6%
- Ad Royalty Fee
- 1%
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 2 days
- Classroom Training
- 1 week
- Ongoing Support
-
Meetings & ConventionsToll-Free LineOnline SupportSecurity & Safety ProceduresLease NegotiationField Operations
- Marketing Support
-
Co-op AdvertisingNational MediaRegional Advertising
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- Are exclusive territories available?
- Yes
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