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FRANCHISE RESALES

Buy a Property Management Inc. Franchise

Property Management Inc. (PMI), founded in 2008 and based in Lehi, Utah, is the largest property management franchisor in the world, with a network of more than 400 locally owned and operated offices. The franchise is built around five service pillars: residential, multifamily, commercial, association, and short-term rental management, with realty and brokerage services layered on top.

PMI franchisees serve landlords, portfolio investors, HOAs, commercial owners, and short-term rental hosts, earning a mix of recurring management fees and transactional revenue across more than 30 potential income streams. The model pairs a recognised national brand with local ownership, supported by proprietary management software, centralised accounting, and marketing systems.

The brand remains founder-led, with co-founder Steve Hart as CEO. A dedicated acquisitions team helps owners grow by buying existing management portfolios, so franchisees can start in one pillar and expand into the others as they scale.

Latest Resales

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Why buy a Property Management Inc. Franchise?

Buying a Property Management Inc. franchise offers entry into a recurring-revenue service business backed by the largest brand in property management franchising. Recurring management fees create predictable cash flow, and the five-pillar model lets an owner diversify across residential, association, commercial, multifamily, and short-term rental work rather than depending on a single segment.

Franchisees gain proprietary software, centralised accounting, national marketing, and a dedicated acquisitions team that helps grow door count through portfolio tuck-ins. The franchise sits in a category that has historically proved resilient across economic cycles, since rental property still needs professional management whatever the wider market is doing.

Property Management Inc. Franchise Costs & Information

Based on 2025 data reported in the 2026 FDD

  • Brand Profile

    • Year Founded

      2008

    • Franchising Since

      2008

    • New Startup Cost

      $102,439 – $165,975

    • Avg. Resale Price

      Contact us for details

  • Franchise Fees

    • Initial franchise Fee

      $69,900

      for new territories

    • Transfer Fee

      $12,000

    • Royalty Fee

      5–7%

      of Gross Revenue + 5% brokerage

    • Marketing Fee

      2%

      of Gross Revenue

  • Unit Performance

    • Total Units *

      406

    • New Units Opened *

      57

    • Units Transferred *

      4

    • Avg. Unit revenue *

      Not Disclosed

    * Based on 2025 data reported in the 2026 FDD

Property Management Inc. – Additional  Information

  1. Training & Support

    Incoming franchisees receive structured onboarding of 47 hours of classroom training plus 46–69 hours of on-the-job training, followed by ongoing field operations support, business coaching, and a peer franchisee community. PMI provides proprietary property management software, centralised accounting, national marketing (SEO, social, email, and co-op advertising), purchasing co-ops, a dedicated acquisitions team, and regular franchisee conventions. Resale buyers should confirm with PMI what transfer training and software access carry over to a new owner and existing staff.

  2. Ideal Owner

    PMI suits a hands-on local operator who is comfortable managing staff, juggling multiple client accounts, and coordinating maintenance vendors. Prior property management experience is helpful but not required, since training and systems are provided. The business rewards owners who are process-driven, relationship-oriented with owners and tenants, and growth-minded enough to pursue portfolio acquisitions. It is an owner-operator model rather than a passive investment, so it is not suited to absentee or part-time ownership.

  3. Recognition & Awards

    Property Management Inc. has ranked in Entrepreneur's Franchise 500 for more than a decade, most recently at #388 on the 2026 list, and has previously been named the #1 property management franchise in its category. The brand positions itself as the largest property management franchisor in the world, with more than 400 offices and a national footprint across all five service pillars. For resale buyers, brand-level recognition should be weighed alongside the specific office's local reviews, client retention, and referral strength.

  4. Industry / Market

    The US property management industry generates about $139.9 billion in revenue in 2026 across roughly 340,000 businesses (IBISWorld), having grown at around 3% a year. Demand is driven by rising rental-household numbers, growth in single-family and short-term rentals, and owners increasingly outsourcing the complexity of compliance, accounting, and maintenance. The category is broadly resilient, since tenanted property needs professional management regardless of the sales market. For resale buyers, local rental demand and competition shape an individual office's growth potential.

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