Start-Up Costs and Fees |
||
| Nexus Property Management | Welcome Home Rents Home | |
| Investment | 50350 - 106250 | 49900 - 87400 |
| Franchise Fee | ||
| Royalty Fee | 6% +2% | Greater of $62.50 or 0.5% of Gross Revenues paid monthly |
| Advertising Fee | 1% | 1% |
| Year Founded | 2012 | 2010 |
| Year Franchised | 2017 | 2010 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Nexus Property Management | Welcome Home Rents Home | |
| Experience | $100K Net Worth | Trustworthy Conscientious Ability to develop relationships quickly Personable and outgoing. |
Financing Options |
||
| Nexus Property Management | Welcome Home Rents Home | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Nexus Property Management | Welcome Home Rents Home | |
| Training | We include a weeks worth of training at our headquarters to teach franchisees everything they need to know in order to run a Nexus office. | Comprehensive training through Welcome Home University. |
| Support | We offer 24/7 ongoing support in regards to questions/concerns/feedback/suggestions/etc. We will also send a Nexus representative to assist the franchisee with their office grand opening. | Access to professionally designed forms, letters, and checklists. Training and support of our proprietary management software. Access to our local and national vendors to manage and promote your properties. |
| Marketing | ||
| Operations | Property Management, Leasing, Maintenance, Investment Realty | |
Expansion Plans |
||
| Nexus Property Management | Welcome Home Rents Home | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Nexus Property Management | |
| Welcome Home Rents Home | |
| Franchise Fee | |
| Nexus Property Management | |
| Welcome Home Rents Home | |
| Royalty Fee | |
| Nexus Property Management | 6% +2% |
| Welcome Home Rents Home | Greater of $62.50 or 0.5% of Gross Revenues paid monthly |
| Advertising Fee | |
| Nexus Property Management | 1% |
| Welcome Home Rents Home | 1% |
| Year Founded | |
| Nexus Property Management | 2012 |
| Welcome Home Rents Home | 2010 |
| Year Franchised | |
| Nexus Property Management | 2017 |
| Welcome Home Rents Home | 2010 |
| Term Of Agreement | |
| Nexus Property Management | |
| Welcome Home Rents Home | 10 years |
| Renewal Fee | |
| Nexus Property Management | |
| Welcome Home Rents Home | |
Business Experience Requirements |
|
| Experience | |
| Nexus Property Management | $100K Net Worth |
| Welcome Home Rents Home | Trustworthy Conscientious Ability to develop relationships quickly Personable and outgoing. |
Financing Options |
|
| Franchise Fees | |
| Nexus Property Management | |
| Welcome Home Rents Home | |
| Start-up Costs | |
| Nexus Property Management | |
| Welcome Home Rents Home | |
| Equipment | |
| Nexus Property Management} | |
| Welcome Home Rents Home | |
| Inventory | |
| Nexus Property Management | |
| Welcome Home Rents Home | |
| Receivables | |
| Nexus Property Management | |
| Welcome Home Rents Home | |
| Payroll | |
| Nexus Property Management | |
| Welcome Home Rents Home | |
Training & Support |
|
| Training | |
| Nexus Property Management | We include a weeks worth of training at our headquarters to teach franchisees everything they need to know in order to run a Nexus office. |
| Welcome Home Rents Home | Comprehensive training through Welcome Home University. |
| Support | |
| Nexus Property Management | We offer 24/7 ongoing support in regards to questions/concerns/feedback/suggestions/etc. We will also send a Nexus representative to assist the franchisee with their office grand opening. |
| Welcome Home Rents Home | Access to professionally designed forms, letters, and checklists. Training and support of our proprietary management software. Access to our local and national vendors to manage and promote your properties. |
| Marketing | |
| Nexus Property Management | |
| Welcome Home Rents Home | |
| Operations | |
| Nexus Property Management | Property Management, Leasing, Maintenance, Investment Realty |
| Welcome Home Rents Home | |
Expansion Plans |
|
| US Expansion | |
| Nexus Property Management | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Welcome Home Rents Home | |
| Canada Expansion | |
| Nexus Property Management | |
| Welcome Home Rents Home | |
| International Expansion | |
| Nexus Property Management | |
| Welcome Home Rents Home | |