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 ExpenditureAmount Method of Payment When DueTo Whom Payment Is To Be Made
Franchise Fee$ 20,000 – 35,000Cashier’s Check/ACH, and See Note 1At Signing of Franchise AgreementUs
E2 VISA Fee$0 – $20,000Cashier’s Check / ACHAt Signing AgreementUs
Real Estate/Rent1,500 – 2,000CheckBefore Beginning OperationsLessor
Utility Deposits0 – 1,500Check, credit card, or electronic transferBefore Beginning OperationsUtilities
Leasehold Improvements0 – 4,000Check, credit card, or electronic transferBefore Beginning OperationsContractor, Suppliers
Office Equipment and Supplies2,000 – 4,000Check or credit cardBefore Beginning OperationsSuppliers
Furniture, Fixtures and Equipment1,500 – 2,000Check, credit card, or electronic transferBefore Beginning OperationsApproved Suppliers, Suppliers
Signage500 – 1,000Check or credit cardBefore Beginning OperationsApproved Suppliers, Suppliers
Training2,000 – 3,000Check, credit card, or electronic transferBefore TrainingAirlines, Hotels & Restaurants
Business Setup Package5,000Check or electronic transferUpon signing of Franchise AgreementTo Us
 Internet Marketing & Franchisee Website 1,485 Electronic transfer Before Beginning Operations YoGrow Marketing
Local Marketing and Lead Generation2,000 – 6,000Check or credit cardBefore Beginning Operations3rd Party vendors
Appfolio Software1, 250ACH or CreditBefore Beginning OperationsAppfolio, Inc
Dues and Subscriptions1,500 – 3,000Check or credit cardBefore Beginning OperationsAssociations, Suppliers
Licenses and Permits1,650 – 3,000Check or credit cardBefore Beginning OperationsLocal Suppliers
Insurance2,000 – 4,000Check, credit card, or electronic transferBefore Beginning OperationsInsurance Companies
Legal & Accounting2,000 – 6,000Check or credit cardBefore Beginning OperationsAttorney, Accountant
Additional Funds9,755 – 19,160Check, credit card, or electronic transferAs NecessaryEmployees, 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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