FRANCHISE·WATCH·DESK

SBA 7(a)/504 FOIA · FY1991–PRESENT · CALIFORNIA

PROPERTY MANAGEMENT INCORPORATED FRANCHISE LLC franchise in California: what the public record shows

Franchisees of PROPERTY MANAGEMENT INCORPORATED FRANCHISE LLC in California have taken 6 SBA loans since 1991 (average $176,983)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 25.0% is the better guide. Its latest FDD Item 20 state table reports 37 franchised outlets in California (fiscal 2025) — about 0.09 per 100k residents.

SBA loan outcomes · Californiavs national

Loans in CA

6

Resolved

2

Local charge-off

thin

National charge-off

25.0%

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = CA. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor of 30 loans.

Market density · California vs nationalDense market

Businesses in this industry

22,552

statewide, all operators

Per 100k residents

57.2

national 47.9

Versus the country

+19%

denser

Every business in PROPERTY MANAGEMENT INCORPORATED FRANCHISE LLC's industry operating in California — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across 198 brand-state cells in our loan data, the densest quartile charges off at 5.6% versus 18.1% in the thinnest. A crowded market is usually proven demand; an empty one is often empty for a reason.

Labor cost · California vs nationalHigh wage pressure

Avg weekly wage, this industry

$2,183

California, BLS QCEW 2025

National average

$1,785

same industry, all states

Versus the country

+22%

costlier to staff

What PROPERTY MANAGEMENT INCORPORATED FRANCHISE LLC's industry actually pays workers in California, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This is a real cost signal independent of the FDD — a market can look demand-rich above and still carry a margin headwind here if local wages run hot for the sector.

Franchised outlets in California · FDD Item 20+3 over the disclosed window
Fiscal yearFranchisedCompany-owned
202334
202435
202537
Same-sector systems with SBA loan history in California4 systems
SystemLoans in CALocal charge-offUnits in CA
RE/MAX518.1%239
Century 214217.9%
REAL PROPERTY MANAGEMENT1710.0%43
Coldwell Banker (Real Estate Brokers12thin

Same sector, same state, same public records — how PROPERTY MANAGEMENT INCORPORATED FRANCHISE LLC compares to the systems a buyer in California would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.

Before you sign anythingfree · 30 min · no commission

A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing PROPERTY MANAGEMENT INCORPORATED FRANCHISE LLC's numbers, including talking you out of a bad deal.

Don Drummond, CPA — Virginia #43775 · what I charge

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