FRANCHISE·WATCH·DESK

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

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

Franchisees of PROPERTY MANAGEMENT INCORPORATED FRANCHISE LLC in Tennessee have taken 6 SBA loans since 1991 (average $215,500)— 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 14 franchised outlets in Tennessee (fiscal 2025) — about 0.19 per 100k residents.

SBA loan outcomes · Tennesseevs national

Loans in TN

6

Resolved

0

Local charge-off

thin

National charge-off

25.0%

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = TN. 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 · Tennessee vs nationalThin market

Businesses in this industry

1,592

statewide, all operators

Per 100k residents

22

national 47.9

Versus the country

-54%

thinner

Every business in PROPERTY MANAGEMENT INCORPORATED FRANCHISE LLC's industry operating in Tennessee — 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 · Tennessee vs nationalTypical wages

Avg weekly wage, this industry

$1,702

Tennessee, BLS QCEW 2025

National average

$1,785

same industry, all states

Versus the country

-5%

cheaper to staff

What PROPERTY MANAGEMENT INCORPORATED FRANCHISE LLC's industry actually pays workers in Tennessee, 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 Tennessee · FDD Item 20-1 over the disclosed window
Fiscal yearFranchisedCompany-owned
202315
202414
202514
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