Question 1

Does Property Management Incorporated (PMI) franchise offer exclusive territory?

Accepted Answer

Property Management Incorporated (PMI) offers Protected territory protection to its franchisees. This means you have limited protection from nearby competition, though some restrictions may apply.

Question 2

What is the Property Management Incorporated (PMI) franchise agreement term length?

Accepted Answer

The initial franchise agreement term for Property Management Incorporated (PMI) is 10 years. The total potential term is 10 years.

Question 3

What is the non-compete clause for Property Management Incorporated (PMI) franchise?

Accepted Answer

The Property Management Incorporated (PMI) franchise non-compete clause extends for 2 years within a 100-mile radius after termination or expiration of the franchise agreement.

Question 4

Can you transfer or sell a Property Management Incorporated (PMI) franchise?

Accepted Answer

Yes, Property Management Incorporated (PMI) allows franchise transfers, subject to franchisor approval and conditions outlined in the agreement. A transfer fee of $12,000 applies.