Start-Up Costs and Fees |
||
| Welcome Home Rents Home | Nexus Property Management | |
| Investment | 49900 - 87400 | 50350 - 106250 |
| Franchise Fee | ||
| Royalty Fee | Greater of $62.50 or 0.5% of Gross Revenues paid monthly | 6% +2% |
| Advertising Fee | 1% | 1% |
| Year Founded | 2010 | 2012 |
| Year Franchised | 2010 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Welcome Home Rents Home | Nexus Property Management | |
| Experience | Trustworthy Conscientious Ability to develop relationships quickly Personable and outgoing. | $100K Net Worth |
Financing Options |
||
| Welcome Home Rents Home | Nexus Property Management | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Welcome Home Rents Home | Nexus Property Management | |
| Training | Comprehensive training through Welcome Home University. | 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. |
| Support | 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. | 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. |
| Marketing | ||
| Operations | Property Management, Leasing, Maintenance, Investment Realty | |
Expansion Plans |
||
| Welcome Home Rents Home | Nexus Property Management | |
| 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 | |
| Welcome Home Rents Home | |
| Nexus Property Management | |
| Franchise Fee | |
| Welcome Home Rents Home | |
| Nexus Property Management | |
| Royalty Fee | |
| Welcome Home Rents Home | Greater of $62.50 or 0.5% of Gross Revenues paid monthly |
| Nexus Property Management | 6% +2% |
| Advertising Fee | |
| Welcome Home Rents Home | 1% |
| Nexus Property Management | 1% |
| Year Founded | |
| Welcome Home Rents Home | 2010 |
| Nexus Property Management | 2012 |
| Year Franchised | |
| Welcome Home Rents Home | 2010 |
| Nexus Property Management | 2017 |
| Term Of Agreement | |
| Welcome Home Rents Home | 10 years |
| Nexus Property Management | |
| Renewal Fee | |
| Welcome Home Rents Home | |
| Nexus Property Management | |
Business Experience Requirements |
|
| Experience | |
| Welcome Home Rents Home | Trustworthy Conscientious Ability to develop relationships quickly Personable and outgoing. |
| Nexus Property Management | $100K Net Worth |
Financing Options |
|
| Franchise Fees | |
| Welcome Home Rents Home | |
| Nexus Property Management | |
| Start-up Costs | |
| Welcome Home Rents Home | |
| Nexus Property Management | |
| Equipment | |
| Welcome Home Rents Home} | |
| Nexus Property Management | |
| Inventory | |
| Welcome Home Rents Home | |
| Nexus Property Management | |
| Receivables | |
| Welcome Home Rents Home | |
| Nexus Property Management | |
| Payroll | |
| Welcome Home Rents Home | |
| Nexus Property Management | |
Training & Support |
|
| Training | |
| Welcome Home Rents Home | Comprehensive training through Welcome Home University. |
| 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. |
| Support | |
| 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. |
| 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. |
| Marketing | |
| Welcome Home Rents Home | |
| Nexus Property Management | |
| Operations | |
| Welcome Home Rents Home | |
| Nexus Property Management | Property Management, Leasing, Maintenance, Investment Realty |
Expansion Plans |
|
| US Expansion | |
| Welcome Home Rents Home | |
| 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 |
| Canada Expansion | |
| Welcome Home Rents Home | |
| Nexus Property Management | |
| International Expansion | |
| Welcome Home Rents Home | |
| Nexus Property Management | |