How much does a @properties franchise cost?
Opening a @properties franchise takes a total initial investment of $64,350 to $433,000, according to the brand's 2026 Franchise Disclosure Document. That FDD makes no Item 19 financial performance representation, so it discloses no earnings figures at all.
The brand franchises real estate brokerage businesses. Category: Business Services.
Item 7
What it costs to open a @properties franchise
The franchisor's own estimated initial investment, as disclosed in its 2026 FDD. The total is $64,350 to $433,000. Each line below carries the FDD page it was read from.
Where the money goes
The largest costs are Leasehold Improvements ($0 to $150,000), Additional Funds – 3 Months ($5,000 to $90,000), and Equipment and Furniture ($7,500 to $50,000). Together they make up about 67% of the high-end estimate.
The initial franchise fee is $35,000, about 54% of the low-end total.
Our arithmetic from the Item 7 table below.
| Expenditure | Low | High | Source |
|---|---|---|---|
| Initial Franchise Fee2026 FDD, Item 7, p. 15 | $35,000 | $35,000 | 2026 FDD, Item 7, p. 15 |
| Initial Training Expenses2026 FDD, Item 7, p. 15 | $1,000 | $10,000 | 2026 FDD, Item 7, p. 15 |
| Leasehold Improvements2026 FDD, Item 7, p. 15 | $0 | $150,000 | 2026 FDD, Item 7, p. 15 |
| Rent and Security Deposit2026 FDD, Item 7, p. 15 | $3,000 | $10,000 | 2026 FDD, Item 7, p. 15 |
| “For Sale” Signage2026 FDD, Item 7, p. 15 | $1,000 | $25,000 | 2026 FDD, Item 7, p. 15 |
| Office Signage2026 FDD, Item 7, p. 15 | $250 | $5,000 | 2026 FDD, Item 7, p. 15 |
| Equipment and Furniture2026 FDD, Item 7, p. 16 | $7,500 | $50,000 | 2026 FDD, Item 7, p. 16 |
| Computers and Software2026 FDD, Item 7, p. 16 | $2,500 | $10,000 | 2026 FDD, Item 7, p. 16 |
| Start-up Supplies and Inventory2026 FDD, Item 7, p. 16 | $5,000 | $10,000 | 2026 FDD, Item 7, p. 16 |
| Insurance2026 FDD, Item 7, p. 16 | $1,500 | $25,000 | 2026 FDD, Item 7, p. 16 |
| Professional Fees2026 FDD, Item 7, p. 16 | $1,500 | $5,000 | 2026 FDD, Item 7, p. 16 |
| Utilities2026 FDD, Item 7, p. 16 | $350 | $2,500 | 2026 FDD, Item 7, p. 16 |
| Licensing Costs2026 FDD, Item 7, p. 16 | $500 | $2,500 | 2026 FDD, Item 7, p. 16 |
| Data Feed Transmission2026 FDD, Item 7, p. 16 | $250 | $3,000 | 2026 FDD, Item 7, p. 16 |
| Additional Funds – 3 Months2026 FDD, Item 7, p. 16 | $5,000 | $90,000 | 2026 FDD, Item 7, p. 16 |
| Total estimated initial investment2026 FDD, Item 7, p. 16 | $64,350 | $433,000 | 2026 FDD, Item 7, p. 16 |
Source @properties, 2026 FDD, Item 7, p. 16, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-14.
Item 19
What @properties franchisees actually report earning
This brand's FDD publishes no Item 19.
We do not make any representations about a franchisee’s future financial performance or the past financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with actual records of that outlet.
Source @properties, 2026 FDD, Item 19, p. 43, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-14.
Item 20
How many @properties outlets there are, and how many closed
@properties ended 2025 with 5 franchised outlets and 36 company-owned outlets. In that year 2 franchised outlets opened and none left the system.
Three years at a glance
From 2023 through 2025, @properties opened 2 franchised outlets and 2 outlets left the system. The franchised system ended the period the same size it started. Of the outlets that left, 2 were terminated.
With fewer than 10 outlets, one closure moves the numbers a lot, so we do not calculate a yearly rate.
Our arithmetic from the FDD's Item 20 table below. "Left the system" counts every outlet the franchisor reports as terminated, not renewed, bought back, or closed for other reasons.
| Year | Start | Opened | Terminated | Non-renewed | Reacquired | Ceased, other | End | Source |
|---|---|---|---|---|---|---|---|---|
| 2025 | 3 | 2 | 0 | 0 | 0 | 0 | 5 | 2026 FDD, Item 20, p. 44 |
| 2024 | 4 | 0 | 1 | 0 | 0 | 0 | 3 | 2026 FDD, Item 20, p. 44 |
| 2023 | 5 | 0 | 1 | 0 | 0 | 0 | 4 | 2026 FDD, Item 20, p. 44 |
Source @properties, 2026 FDD, Item 20, p. 44, via Public FDD bucket (storage.googleapis.com/franchiseindx_fdds) (source record). Figures read and verified 2026-09-14.
Compare
How @properties compares with other Business Services franchises
Measured against the 140 Business Services franchises on this site, using each brand's own FDD.
- Cost to open. The middle of @properties' estimated range is $248,675. It costs more to open than 74% of Business Services franchises here.
- Earnings disclosure. 71 of the 140 Business Services franchises here publish earnings figures in Item 19. @properties is not one of them.
Our arithmetic from each brand's Item 7 and Item 20. Growth and departure comparisons leave out brands with fewer than 10 outlets, where one opening or closure distorts the figures. See every Business Services franchise side by side.
Alert me when @properties files a new FDD
Franchisors reissue their FDD at least once a year, and the Item 7 and Item 19 figures move. Leave an email and we will send you @properties' updated numbers when the next document is published, plus the brand-comparison worksheet.
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