About Nexus Property Management Franchise
Nexus Property Management is a real estate property management franchise that offers a one-stop solution for residential and commercial property owners.
Franchisees provide comprehensive property management and maintenance services including tenant acquisition (advertising, marketing vacancies, screening and qualifying tenants), leasing arrangement services, rent collection, a proprietary tenant guarantee program, rent ready services, digital documenting and cataloging, financial reporting, ongoing communications via a proprietary web portal, and ongoing maintenance services.
They also sell privately labeled personal care products such as shampoos, conditioners, and lotions to tenants.
Nexus Property Management Franchise Cost & Fees
Minimum Investment
$50K
Average Investment
$78K
Maximum Investment
$106K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $25,000 | One-time payment upon signing |
| Royalty Fee | 6% of Property Management Revenue and 2% of Maintenance Revenue of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 1% of both Property Management Revenues and Maintenance Revenues per month | National brand fund |
| Total Investment Range | $50,350 – $106,250 | Includes build-out, inventory, working capital |
The investment range of $50K–$106K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6% of Property Management Revenue and 2% of Maintenance Revenue) and marketing fee (1% of both Property Management Revenues and Maintenance Revenues per month) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $25,000 | $25,000 |
| Technology | $4,500 | $8,000 |
| Equipment, Furniture and Fixtures | $7,000 | $12,500 |
| Real Estate | $1,250 | $7,950 |
| Leasehold Improvements | $0 | $10,000 |
| Utility Deposit | $0 | $300 |
| Signage | $0 | $4,500 |
| Inventory of Products and Supplies | $3,000 | $9,600 |
| Vehicle | $0 | $2,500 |
| Vehicle Graphics | $600 | $2,000 |
| Staffing | $0 | $8,000 |
| Insurance | $4,000 | $6,000 |
| Travel, Lodging and Meals for Initial Training Program | $800 | $1,800 |
| Business Licenses, Permits, Certifications, Dues and other Professional Fees | $1,200 | $2,100 |
| Operating Expenses and Additional Funds | $3,000 | $6,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $5,000 for partial transfer (less than 49% of assets) or $10,000 for full transfer (more than 49% of assets) |
| Renewal Fee | None |
| Technology Fee | $5-$7 per unit managed per month for privately labeled software plus $3-$5 per managed unit per month for NexusBackOffice software |
| Audit Fee | Cost of Audit Fees plus interest at 18% per annum (1.5% per month); audit costs expected to be $3,500-$6,000 |
| Interest and Late Charges | 1.5% per month or maximum rate allowed by law, plus $25 |
| Additional Training | Up to $300 per person per day |
| Costs and Attorney's Fees | Will vary under circumstances |
| Indemnification | Will vary under circumstances |
| Resale Fee | Varies |
| Temporary Management | Actual Costs |
| Conference Fee | Registration fee not to exceed $500 per person |
| Refresher Training and/or Continuing Education | Not to exceed $300 per person per day |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 5 days |
| Classroom Training | 30 hours |
| On-the-Job Training | 20 hours |
| Training Location | Corporate headquarters in Pawtucket, Rhode Island |
| Additional Training | Up to 2 days of pre-opening or grand opening assistance at franchisee's location; ongoing training via announcements, newsletters, intranet system, phone, webinars, and video; refresher/continuing education sessions not to exceed $300 per person per day; annual convention possible |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Territory Size | Up to 5 miles driven in any direction from the franchise business location |
| Description | Franchisees are granted limited rights to a geographic area with a protected territory determined by zip code, population, average household incomes, demographics, and business potential. The franchisor cannot establish a company-owned business, franchise, or license another Nexus Property Management within the territory during the term. However, the franchisor reserves rights to advertise, sell through the Internet, use alternative channels of distribution, and service National Accounts within the territory. Territory size may be larger or smaller than 5 miles for densely or sparsely populated areas. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 5 years |
| Renewal Term | 5 years |
| Renewal Fee | None |
| Renewal Conditions | Written notice to renew, full compliance with franchise agreement, sign then-current form of agreement, execute general release, upgrade business to then-current standards |
| Transfer Fee | $5,000 for partial transfer (less than 49% of assets) or $10,000 for full transfer (more than 49% of assets) |
| Transfer Conditions | Full compliance; transferee qualifies; all amounts due paid in full; completion of training by transferee; transfer fee paid; transferee agrees to all terms of franchise agreement; franchisee signs required documents including a release; franchisor has right of first refusal to match any offers |
| Termination for Cause | Franchisor can terminate if franchisee breaches a material provision of the Franchise Agreement or fails to open the business. Cure periods: 72 hours for health/safety violations, 5 days for failure to pay amounts owed, 30 days for all other defaults. |
| Non-Compete Period | 2 years |
| Non-Compete Details | No involvement in a competing business for 2 years after termination or expiration within 10 miles of any franchise or company-owned business. During the term, no involvement in a competing business anywhere. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The franchise business must at all times be under the direct, day-to-day, full-time supervision of the franchisee (or if an LLC, a managing owner approved by the franchisor) or a non-owner General Manager approved by the franchisor. The General Manager must devote all time and effort to personal supervision, be present at the business whenever open, and must have completed the training program. This person may need to be a licensed real estate broker depending on state requirements. |
| Required Suppliers | Franchisees must purchase all advertising, marketing and promotional materials from the franchisor. Franchisees are required to use the franchisor's privately labeled software and proprietary NexusBackOffice software. All products and supplies must be purchased through the franchisor, affiliates, or approved vendors/suppliers. |
| Supply Restrictions | Cannot purchase unapproved equipment, products, supplies or services from vendors not on the pre-approved list without written permission. Must adhere to all standards and specifications established by the franchisor. |
| Franchisor Revenue from Suppliers | For fiscal year 2025, total revenue from software fees was $36,692, approximately 30% of total revenues. No revenues from required purchases by franchisees in the prior fiscal year. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Neither the franchisor nor its affiliate offers any financing arrangements directly or indirectly. May assist franchisees by referring them to third-party financing sources. |
Nexus Property Management Franchise Earnings — Item 19
Nexus Property Management does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
Nexus Property Management does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Nexus Property Management Litigation & Risk Flags
Clean Litigation RecordNexus Property Management has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Nexus Property Management System Growth
Total Units
5
Franchised
4
Company-Owned
1
Nexus Property Management currently operates 4 franchised locations and 1 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2023 | 2 | 0 | 5 |
| 2024 | 0 | 0 | 5 |
| 2025 | 0 | 0 | 5 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 5 states: AZ, CT, FL, MA, RI
Nexus Property Management Franchise — FAQ
The total investment to open a Nexus Property Management franchise ranges from $50,350 to $106,250, per their Franchise Disclosure Document. This includes the initial franchise fee of $25,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Nexus Property Management charges a royalty fee of 6% of Property Management Revenue and 2% of Maintenance Revenue of gross sales, plus a 1% of both Property Management Revenues and Maintenance Revenues per month contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Nexus Property Management Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Nexus Property Management to ensure you have the most up-to-date version.
Nexus Property Management does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
Nexus Property Management has been franchising since 2017. The FDD shows an investment range of $50,350-$106,250, a 6% of Property Management Revenue and 2% of Maintenance Revenue royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $25,000 and the total investment ranges from $50,350 to $106,250 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Nexus Property Management and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Nexus Property Management or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com