Quick Verdict · who it fits
Real Property Management SPV LLC fits first-time franchise buyers looking for a mid-scale real estate concept.
The numbers a buyer needs first — straight from the filing.
Initial investment (Item 7)
$99K - $244K
Franchise fee (Item 5)
$70K
Royalty (Item 6)
3–7% + 2% ad
Item 19 median rev
$4k
System size (Item 20)
450 +31
Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.
Drag to your projected annual sales. Royalty 3–7% + ad fund 2% on gross sales.
PROJECTED ANNUAL SALES$100,000
$100k$2M
Royalty (3–7%)
—
Ad fund (2%)
—
Total / year
—
▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration
Free AI summary — the first read on the filing.
450
Total units open
31
Units opened last year
19
Units closed last year
3
Net unit growth
from 447 at end of 2024 to 450 at end of 2025
What our analysis flagged across the 2026 filing.
5
Risks to review
4
Strengths identified
5
Questions to ask
How Real Property Management ranks against 78 Real Estate peers we've analyzed.
Initial investment
73rd pct · of 78 peers
Franchise fee
93rd pct · of 78 peers
System size
84th pct · of 78 peers
Real Estate industry averages
Avg investment
$134K - $394K
Avg franchise fee
$32K
Avg system size
298
Franchises analyzed
78
Closest concepts by category and investment.
| Brand | Item 19 | Fee | Investment | Royalty | Units |
|---|---|---|---|---|---|
| Real Property Management | Disclosed | $70K | $99K - $244K | 3–7% | 450 |
| KeyrenterSimilar price | Disclosed | $50K | $119K - $244K | 7% | 76 |
| Re MaxBiggest system | None | $25K | $29K - $303K | — | 2,994 |
| ItripTop-rated in category | Disclosed | $10K | $119K - $153K | 4–6.1% | 105 |
Free explainers to go deeper before you sign.
Real Property Management SPV LLC requires a $69,900 initial franchise fee and a total initial investment range of $99,341–$244,302, per the most recent FDD on file.
Yes. Real Property Management SPV LLC discloses Item 19 financial performance representations with reported revenue around $4,256. See the financials sub-page for the full distribution.
Franchisees pay a royalty of 3.0% to 7.0% and an advertising fund contribution of 2% of Non-Maintenance Gross Sales on gross sales as defined in Item 6 of the FDD.
As of their 2026 FDD, Real Property Management SPV LLC has 450 total locations, with 31 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.
This page is part of VetMyFranchise. View all pages: llms.txt · llms-full.txt