Investment Details

The initial capital investment is between $70,140 – $122,395 (Standard Territory)

or $55,140 – $87,395 (Small Market Territory)

Qualified franchise applicants have a minimum of $100,000 in liquid capital before SBA loan, and $150,000 in net worth. Recommendations for SBA loans 401K rollover, and Veteran Discounts is available. Please refer to our FDD for a comprehensive assessment of fees and start-up costs.

Franchise Fees

  • Total investment range for standard market: $70,140 – $122,395
  • Total investment range for small market: $55,140 – $87,395
  • Conversion fee for bona fide existing firms: $20,000 standard market / $12,500 small market
  • Ongoing royalty fee: 7%
  • National advertising fee: 1%
  • Term of franchise agreement: 10 years, renewable

The Keyrenter Property Management business model is scalable. To begin with, at least one property manager is required to negotiate contracts. After the ramp-up stage, a full-time office manager should be added to handle calls during business hours. A broker license association may also be required depending on your state’s regulations. Each franchise owner must decide whether to obtain a real estate license, or hire someone who already has one. Start-up costs vary depending on market location. Contact us for help with a minim market analysis.

Initial Start-up Costs

YOUR ESTIMATED INITIAL INVESTMENT

For either Standard or Small Market Franchisee

Type of ExpenditureAmount Method of Payment When DueTo Whom Payment Is To Be Made

Type of Expenditure Amount Method of Payment When Due To Whom Payment Is To Be Made
Franchise Fee $ 20,000 – 35,000 Cashier’s Check/ACH, and See Note 1 At Signing of Franchise Agreement Us
E2 VISA Fee $0 – $20,000 Cashier’s Check / ACH At Signing Agreement Us
Real Estate/Rent 1,500 – 2,000 Check Before Beginning Operations Lessor
Utility Deposits 0 – 1,500 Check, credit card, or electronic transfer Before Beginning Operations Utilities
Leasehold Improvements 0 – 4,000 Check, credit card, or electronic transfer Before Beginning Operations Contractor, Suppliers
Office Equipment and Supplies 2,000 – 4,000 Check or credit card Before Beginning Operations Suppliers
Furniture, Fixtures and Equipment 1,500 – 2,000 Check, credit card, or electronic transfer Before Beginning Operations Approved Suppliers, Suppliers
Signage 500 – 1,000 Check or credit card Before Beginning Operations Approved Suppliers, Suppliers
Training 2,000 – 3,000 Check, credit card, or electronic transfer Before Training Airlines, Hotels & Restaurants
Business Setup Package 5,000 Check or electronic transfer Upon signing of Franchise Agreement To Us
 Internet Marketing & Franchisee Website  1,485  Electronic transfer  Before Beginning Operations  YoGrow Marketing
Local Marketing and Lead Generation 2,000 – 6,000 Check or credit card Before Beginning Operations 3rd Party vendors
Appfolio Software 1, 250 ACH or Credit Before Beginning Operations Appfolio, Inc
Dues and Subscriptions 1,500 – 3,000 Check or credit card Before Beginning Operations Associations, Suppliers
Licenses and Permits 1,650 – 3,000 Check or credit card Before Beginning Operations Local Suppliers
Insurance 2,000 – 4,000 Check, credit card, or electronic transfer Before Beginning Operations Insurance Companies
Legal & Accounting 2,000 – 6,000 Check or credit card Before Beginning Operations Attorney, Accountant
Additional Funds 9,755 – 19,160 Check, credit card, or electronic transfer As Necessary Employees, Utilities, Lessor & Suppliers
TOTAL

70,140 – 122,395 (Standard)

55,140 – 87,395 (Small Market)

*See important disclosures and explanations in Item 7 of our Franchise Disclosure Document. Your actual costs may vary.

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