FRANCHISE·WATCH·DESK

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

Property Management Inc. franchise in New Jersey: what the public record shows

Franchisees of Property Management Inc. in New Jersey have taken 5 SBA loans in the FY1991–present FOIA files (average $112,000). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Property Management Inc. has too few seasoned resolved loans nationally for a national ratio. Its latest FDD Item 20 state table reports 11 franchised outlets in New Jersey (fiscal 2025) — about 0.12 per 100k residents.

SBA loan outcomes · New Jerseyvs same-year franchise loans

Loans in NJ

5

Charged off (all years)

0 of 1

Loss ratio in NJ

—

Loss ratio nationally

—

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NJ. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.

Market density · New Jersey vs nationalThin market

Businesses in this industry

2,315

statewide, all operators

Per 100k residents

24.4

national 47.9

Versus the country

-49%

thinner

Every business in Property Management Inc.'s industry operating in New Jersey — franchised and independent — from the Census Bureau's County Business Patterns (2023), against 2024 population estimates. Counter-intuitively, density is not a warning: across the brand-state cells in the loan data, denser markets have historically charged off less often than the thinnest (see the research page). A crowded market is usually proven demand; an empty one is often empty for a reason.

Labor cost · New Jersey vs nationalTypical wages

Avg weekly wage, this industry

$1,893

New Jersey, BLS QCEW 2025

National average

$1,785

same industry, all states

Versus the country

+6%

costlier to staff

What Property Management Inc.'s industry actually pays workers in New Jersey, from the Bureau of Labor Statistics' Quarterly Census of Employment and Wages (2025), employment-weighted across counties. This cost signal is 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 New Jersey · FDD Item 20+2 over the disclosed window
Fiscal yearFranchisedCompany-owned
20239—
202410—
202511—
Same-sector systems with SBA loan history in New Jersey2 systems
SystemLoans in NJCharged off (all years)Loss ratio in NJUnits in NJ
RE/MAX190 of 10—129
Century 21130 of 9——

Other systems in Property Management Inc.'s sector whose franchisees borrowed in New Jersey. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.

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