Investment Details

The initial capital investment is between $54,000–$89,000 (Standard Territory)

or $39,000 – $74,000 (Small Market Territory)

Small Market Franchise Fee

$15,000
  • 7% Royalty Fee +1% Advertising Fee
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Standard Market Franchise Fee

$30,000
  • 7% Royalty Fee +1% Advertising Fee
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It’s recommend that franchise applicants have a minimum of $50,000 in liquid capital and $100,000 in net worth. SBA loans and Veteran Assistance 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: $54,000 – $89,000
  • Total investment range for small market: $39,000 – $74,000
  • Conversion fee for bona fide existing firms: 50% of franchise fee
  • Multiple franchise purchases: 25% discount on franchise fee
  • 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 $ 15,000 – 30,000 Cashier’s Check/ACH, and See Note 1 At Signing of Franchise Agreement Us
Real Estate/Rent 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 1,000 – 2,000 Check or credit card Before Beginning Operations Suppliers
Furniture, Fixtures and Equipment 500 – 2,000 Check, credit card, or electronic transfer Before Beginning Operations Approved Suppliers, Suppliers
Signage 200 – 1,000 Check or credit card Before Beginning Operations Approved Suppliers, Suppliers
Training 1,000 – 2,000 Check, credit card, or electronic transfer Before Training Airlines, Hotels & Restaurants
Business Setup Package 1,500 Check or electronic transfer Upon signing of Franchise Agreement To Us
 Internet Mareketing Fee  595  Electronic transfer  Before Beginning Operations  To Us
Local Advertising/Marketing 1,000 – 6,000 Check or credit card Before Beginning Operations Local Suppliers
Keyware Software 400 ACH Before Beginning Operations To Us
Dues and Subscriptions 500 – 3,000 Check or credit card Before Beginning Operations Associations, Suppliers
Licenses and Permits 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 250 – 1,500 Check or credit card Before Beginning Operations Attorney, Accountant
Additional Funds 13,905 – 24,505 Check, credit card, or electronic transfer As Necessary Employees, Utilities, Lessor & Suppliers
TOTAL 54,000 – 89,000 (Standard)

39,000 – 74,000 (Small Market)

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