About PropertyGuys.com (Unit-Level) Franchise
PropertyGuys.com is a franchise system that offers goods and services to those selling property in the For Sale By Owner (FSBO) market, and to others selling or buying real estate, under the trade name PropertyGuys.com.
Franchisees provide flexible marketing packages, 24/7 internet exposure, access to branded For Sale signs, and operating support to home sellers looking to sell their properties without traditional real estate agents.
The target customers are homeowners who want to save on real estate commissions by managing their own property sales with professional support.
PropertyGuys.com (Unit-Level) Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $20,000 to $40,000 | One-time payment upon signing |
| Royalty Fee | 8% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | $200 per month (Communications Fund Contribution) | National brand fund |
| Total Investment Range | $22,250 – $80,650 | Includes build-out, inventory, working capital |
The investment range of $22K–$81K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (8% of Gross Sales) and marketing fee ($200 per month (Communications Fund Contribution)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $20,000 | $40,000 |
| Lease/Rent | $0 | $13,750 |
| Computer System | $0 | $3,000 |
| Expenses for Initial Training | $0 | $5,000 |
| Business Licenses and Permits | $250 | $2,500 |
| Business Insurance | $1,000 | $2,500 |
| Initial Inventory | $0 | $5,000 |
| Transportation | $0 | $2,400 |
| Professional Fees | $1,000 | $3,500 |
| Additional Funds (3 months) | $0 | $3,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $10,000 |
| Renewal Fee | $7,500 |
| Technology Fee | $1,500 per quarter (Tech Bundle Fee) |
| Audit Fee | Cost of inspection or audit plus reasonable related costs and expenses |
| Service Fee | $800 per month |
| Resource Center Fee | $390 per month |
| Open Area Fees | 9% of Gross Sales from Open Area |
| Supplier/Vendor or Supplies Approval | Cost of inspection |
| Product and Equipment Purchases | Will vary |
| Additional Initial Training Attendees | $2,500 per person for additional trainees |
| Replacement Management Training | $2,500 per attendee plus travel and accommodation |
| Additional Training | $500 per day |
| Securities Offering Fee | $5,000 or reasonable costs and expenses |
| Interest | 1.5% per month or highest applicable rate, whichever is less |
| Indemnification | Will vary under circumstances |
| Costs and Attorneys' Fees | Will vary under circumstances |
| Insurance Administrative Fee | Will vary under circumstances |
| Convention Fee | Up to $1,200 per attendee |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 102 days |
| Classroom Training | 34-38 hours |
| On-the-Job Training | 240 hours |
| Training Location | Franchisor's headquarters in Moncton, New Brunswick or equivalent conference space; on-the-job training in Moncton or in the field |
| Additional Training | Additional on-site or virtual training available at $500 per day plus out-of-pocket expenses. Refresher courses, seminars, and other training programs may be required periodically. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Protected |
| Exclusive Territory | No |
| Description | You will not receive an exclusive territory. You may face competition from other franchisees, from outlets the franchisor owns, or from other channels of distribution or competitive brands they control. However, during the term of the Franchise Agreement, as long as you remain in compliance, the franchisor will not establish nor license anyone else to establish another PropertyGuys.com Business at any location within your Protected Territory. The franchisor retains all other rights including the right to operate through the Internet, mail order, and other channels within the Protected Territory. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 5 years |
| Renewal Term | Two additional 5-year terms |
| Renewal Fee | $7,500 |
| Renewal Conditions | Notice, satisfaction of monetary obligations, compliance with Franchise Agreement, release, sign new Franchise Agreement (which may contain terms materially different from the original), and others per §§ 2.2.1 - 2.2.9 of the Franchise Agreement. |
| Transfer Fee | $10,000 |
| Transfer Conditions | Franchisor approval required. Compliance with existing franchise agreement, a release, buyer's signature of a new Franchise Agreement, payment of transfer fee, and others per §§ 16.5.1 - 16.5.10 of the Franchise Agreement. Franchisor has right of first refusal. |
| Termination for Cause | Default under the Franchise Agreement, insolvency, abandonment, conviction of felony, and other grounds per § 17 of the Franchise Agreement. |
| Non-Compete Period | 2 years |
| Non-Compete Details | Two-year prohibition on engaging in a Competitive Business (any for sale by owner or other real estate business) within the Protected Territory, or within 5 miles of the Protected Territory, or within 5 miles of any other PropertyGuys.com Business then-operating under the System. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | The Franchised Business must at all times be under the active management of either the franchisee or an individual owner serving as the Operating Principal. The Operating Principal must own at least 51% of the voting and ownership interests. The franchisee or Operating Principal must devote full time and best efforts to the management and operation of the Franchised Business. |
| Required Suppliers | You must buy all products, equipment, supplies, materials, and other products from suppliers that the franchisor has approved in writing. Proprietary Items must be purchased only from the franchisor, its affiliates, and/or approved suppliers. |
| Supply Restrictions | Purchases from approved or designated suppliers estimated at approximately 90% to 95% of initial investment and 90% to 95% of ongoing operating purchases. |
| Franchisor Revenue from Suppliers | Neither the franchisor nor its affiliates received any revenues from franchisee purchases during the last fiscal year ended December 31, 2022. However, the franchisor or its affiliates may derive revenue from purchases of products or other items. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Neither the franchisor nor any agent or affiliate offers direct or indirect financing to franchisees, guarantees any note, lease or obligation, or has any practice or intent to sell, assign or discount to a third party all or part of any financing arrangement. |
PropertyGuys.com (Unit-Level) Franchise Earnings — Item 19
PropertyGuys.com (Unit-Level) 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.
PropertyGuys.com (Unit-Level) Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
PropertyGuys.com (Unit-Level) System Growth
PropertyGuys.com (Unit-Level) currently operates 4 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | 0 | 0 |
| 2021 | 4 | 0 | 4 |
| 2022 | 0 | 0 | 4 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 1 states: FL
PropertyGuys.com (Unit-Level) Franchise — FAQ
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