Property Management Inc. Ranked Among Top Franchises in Entrepreneur Magazine’s Franchise 500 for 2022

Property Management Inc., the 300-plus unit property-management franchise with locations coast to coast, was recently recognized as one of the top franchises in Entrepreneur magazine’s Franchise 500® — the world’s first, best and most comprehensive franchise ranking. The 43rd  annual Entrepreneur Franchise 500 is a highly sought-after honor in the franchise industry. Recognized as an invaluable resource for potential franchisees, the 2022 Franchise 500® ranked Property Management Inc. no. 218 for its outstanding performance in areas including unit growth, financial strength and stability and brand power. All of these accolades are winning aspects that played into the brand’s ability to open 93 new locations in 2021 and will fuel its growth in 2022 as the brand looks to grow its footprint both nationally and internationally.

“2021 was a record-breaking year for us in company growth,” stated Steve Hart, CEO of PMI. “PMI now has $30 billion in assets under management, and we manage over 100,000 properties as a brand. We are all still navigating the pandemic in many ways, but with the housing industry being a vital business — people need places to live and need property management  — PMI continues to garner interest from new franchisees, and we have seen exponential growth. ”

Hart noted that PMI’s residential property managers aquired more properties in 2021 than ever before and short-term rentals grew substantially as well. Additionally in 2021, the brand launched PMI Realty, a program designed to help franchisees diversify their portfolios while providing training and brokerage solutions.

“We have over 300 units now, and while we are still considered a small brand, we are starting to make waves,” stated Hart. “We currently have franchisees in 47 of the 50 states and in every major city, coast to coast. PMI is well on its way to becoming a household name and leader in the property management industry, and we are thankful for benchmarks such as Entrepreneur’s Franchise 500 for recognizing PMI’s success.”

In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 43-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500 in ranking order.

“The past year has been one of the most challenging for businesses in recent memory, which made putting together our 43rd annual Franchise 500® list more enlightening than ever,” said Entrepreneur Editor in Chief Jason Feifer. “The companies named to this year’s list showed us how being resilient, supportive and nimble can help navigate extraordinary challenges and also underscore the grit and innovation that define entrepreneurship.”

Over its 43 years in existence, the Franchise 500 has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees. For Property Management Inc., achieving this position on the ranking is a testament to its strength as a franchise opportunity.

To view Property Management Inc. in the full ranking, visit www.entrepreneur.com/franchise500.

About Property Management Inc.:

Founded in 2008, Property Management Inc. is a rapidly growing franchise that provides expert property management services and solutions across 4 pillars: residential, commercial, association and short-term rental management. These four pillars provide the owners behind the brand's 300-plus locations with service options that build value and are unmatched in the industry. PMI’s consistent revenue-generating model has helped hundreds of property managers realize their dreams of successful business ownership. For more information about owning a Property Management Inc. franchise, visit https://propertymanagementincfranchise.com/.