Renters Warehouse Franchise

Property management


The Renter's Warehouse franchise offers a complete business model based on technology, operating systems, marketing programs and proven property management business tools.

Renters Warehouse was named the largest and fastest growing property management company in Minnesota by Inc. Magazine. In addition to Minnesota, they are ranked #3 in the nation. Renters Warehouse is also considered the largest Minneapolis Property Manager. Renters Warehouse was also featured #132 in the Inc. 500 for fastest growing privately held companies in America!

Renters Warehouse was also named the "Best Places to Work" by Minneapolis St Paul Business Journal in 2010 and 2011!

Since 2004, CEO and Founder Brenton Hayden, a Harvard Business School and Massachusetts Institute of Technology graduate, led Renters Warehouse to achieve tremendous success. As a result, Brenton was named "Top 5 Emerging Entrepreneurs" by Entrepreneur Magazine in 2010, as well as being named the "Young Entrepreneur of the Year 2010" in Minnesota. Brenton was also honored as the "Real Estate Professional of the Year" by Cambridge Registry and Donald Trump Jr in 2011. The success earned Brenton 3 real estate related talk shows on radio stations such as AM1280 the Patriot, AM1570 Wall Street Business Talk and also Fox News Talk AM1130 KTCN. Currently Brenton hosts and produces "Real Estate Coaches" on KFAN FM 100.3 Saturdays at noon.

PROPERTY MANAGEMENT 
A $28.5 BILLION DOLLAR INDUSTRY!

Real estate property management is a *$28.5 billion dollar industry. That's a $9.7 billion increase over five years (up from $18.8 billion in 2002), according to the 2007 U.S. Census Bureau of Economic Analysis. In 2011 the real estate industry was named one of the fastest growing industries by median growth rate with a *233% increase, according to a 2011 Inc. Magazine article. It just so happens that Renter Warehouse was named #132 by INC. magazine in the 2011 INC. 500/5000 fastest growing privately held companies in America. Renters Warehouse was also named #3 in the real estate sector. We invite you to find out why and learn more about our exciting property management franchise opportunities.



Our franchise fee is $25,000, plus $5000 start-up kit. The start-up kit includes your website, signage, documents, and even pre-paid marketing and advertising allowances. For the franchise fee you will obtain an easy to use operations manual, initial training, and designated territory. Not to mention the use of our branded and trademarked logo and name!

We hope that you will find great success through our business model, which will lead to you acquiring multiple offices and territories. We also offer and allow potential franchisees to increase their territory for an extra fee disclosed in the FDD.

The Renter's Warehouse Property Management franchise is designed to deliver a complete business solution to a new or existing real estate management professional.

It's time to give yourself permission to build your days around what's important to you! You're in Control!
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Please Note: The operators of Renters Warehouse, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Renters Warehouse website.

How much does it cost to open a Renters Warehouse Franchise?

The estimated investment required to open a Renters Warehouse Franchise is between $43,375-$83,500. There is an initial franchise fee of $25,000 which grants you the license to run a business under the Renters Warehouse name.

Individual Unit Costs

  • Initial Investment:
    $43,375-$83,500
  • Initial Franchise Fee:
    $25,000
  • Royalty Fee:
    4.5%
  • Advertising Fee:
    N/A
  • Term of Agreement:
    7 years



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When did the first Renters Warehouse open? 2007
When did Renters Warehouse start Franchising? 2011

Year U.S.A. Canada International Corporate
2013 5 0 0 1
Year U.S.A.
2013 5
Year Canada
2013 0
Year International
2013 0
Year Corporate
2013 1

Training

Available at headquarters: 5 days.
At franchisee's location: 2 days.

Support

Newsletter, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation

Marketing

Co-op advertising, National media, Regional advertising,

Business Experience:

Q. Do you need business experience to run a Renters Warehouse property management franchise? A. No, Renters Warehouse will provide your initial training and also ongoing support. We will also provide you with a well documented and easy to use operations manual.

To calculate how much income a franchise owner can do at Renters Warehouse Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.

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Legal Disclaimer: This information is not a franchise offering for Renters Warehouse and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Renters Warehouse franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

Renters Warehouse

Renters Warehouse

4950 West 78th Street
Bloomington, MN
55437

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