What does a TrueNest Property Management Franchise Cost?
TrueNest Property Management franchise fees for 2024:
Franchise Fee:
$49,500 (Approximately 10k less than the competition.)
Total Investment:
Low End - Home Base Model: $70,250
High End - Office Model: $99,950
Royalty:
7% of Gross Sales (Note: Royalty Fee is not applied to rental commissions or any other
real estate related transaction)
Other Fees:
Advertising Spend: $2,000 per month
National Advertising 2% (not in effect)
Software Fees: $350
Item 19:
Calendar Year: 2023
Gross Revenue: $401,315
Net Profit: $194,614
Royalties (7%) -$28,092
Adjusted Net Profit: $166,522
Calendar Year: 2022
Gross Revenue: $329,037
Net Profit: $191,111
Royalties (7%) ($23,032)
Adjusted Net Profit: $168,079
Calendar Year: 2021
Gross Revenue: $223,271
Net Profit: $97,779
Royalties (7%) ($15,629)
Adjusted Net Profit: $85,1250
Is TrueNest Property Management a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. TrueNest Property Management is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is TrueNest Property Management a Home Based franchise?
Yes. TrueNest Property Management is a home based franchise opportunity.
What Do TrueNest Property Management Franchise Owners Make?
Click here to find out how much TrueNest Property Management franchisees make. TrueNest Property Management offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is TrueNest Property Management a Master Franchise Opportunity?
No. TrueNest Property Management is not a master franchise opportunity.
Does TrueNest Property Management Offer a Veteran Discount?
Yes. TrueNest Property Management franchise does offer a veteran discount.
Does TrueNest Property Management Work with E2 Visa and EB-5 Visa Candidates?
Yes. TrueNest Property Management franchise does work with E2 Visa and EB-5 Visa candidates.
Is TrueNest Property Management Looking for Franchisees in Canada?
No. TrueNest Property Management franchise is not looking for Canada franchisees.
Is TrueNest Property Management Looking for International franchisees?
No. TrueNest Property Management franchise is not looking for International franchisees.
Where can I see TrueNest Property Management's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.