Are you interested in the real estate industry and seeking a lucrative franchise opportunity? Whether you’re an experienced investor or a real estate agency owner looking for better profit margins, exploring a renowned real estate franchise could be the right move for you.
Look no further! In this comprehensive KeyGlee Franchise Opportunity guide, we’ll delve into the KeyGlee along with its cost, fees, profit potential, and provide step-by-step guidelines to get this franchise. Additionally, we will address common questions that arise regarding KeyGlee chain.
- Brand: KeyGlee
- Founded: 2016
- Key People: Hunter & Team
- Industry: Real Estate
- No. of outlet: 45+
- Area served: United States
- Franchise Fee: $100,000
- Royalty Fee: 10%
- Model: Franchise
- Initial Investment: $124,800 – $274,050
Table of Contents
Overview of KeyGlee Franchise
Certainly! Real estate investment has proven to be a lucrative avenue for wealth creation, catapulting numerous individuals into the millionaire and billionaire club. It is often regarded as a wise long-term investment that can experience substantial growth or provide a steady rental income.
However, the navigating the real estate market and finding the perfect properties or selling your own property at the right price can often be challenging. Therefore, Many individuals seek the assistance of real estate agents and end up paying substantial fees for their expertise in these areas.
In light of the promising growth potential in the real estate industry, it may be worth exploring the franchise opportunities offered by KeyGlee.
Founded in 2016 by Hunter Runyon, Jamil Damji, Rahima Blaza, and Josaih Grimes, KeyGlee has quickly established itself as a prominent and highly regarded real estate chain in the United States.
With a focus on providing exceptional real estate locations, value-driven property acquisitions, and best-in-class off-market property research for investment purposes, KeyGlee has gained a strong reputation in the industry.
Within a few years of their establishment, KeyGlee has garnered impressive loyal customer base and significant market share in the industry thanks to its commitment to delivering top-notch service and valuable investment opportunities.
Furthermore, KeyGlee boasts an extensive network and a team of experienced professionals, providing individuals with increased purchasing power and flexible options in over 45 markets throughout the United States.
Some of their best-in-class services includes, fast and hassle-free transactions, often purchasing properties in as-is condition and providing cash offers to sellers.
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The Journey of KeyGlee
Established with a solo vision to revolutionize the complete real estate industry by four aspiring real estate enthusiasts, KeyGlee quickly gained recognition and established itself as a prominent player by focusing on providing better buy value and conducting in-depth off-market property research for investment opportunities.
Currently, the chain operates over 45 locations across the United States and is considering applications from real estate enthusiast to embark on their journey with KeyGlee and enjoy financial freedom.
Key Facts on KeyGlee
| Sr No. | Type | Private |
|---|---|---|
| 1 | Trade Name | KeyGlee |
| 2 | Industry | Real Estate |
| 3 | Founded | 2016 |
| 4 | Founders Or Parent Company | Hunter Runyon, Jamil Damji, Rahima Blaza, and Josaih Grimes |
| 5 | Corporate Headquarters | Arizona, US |
| 6 | Number of locations | 45+ |
| 7 | Area served | United States |
| 8 | Model | Franchise |
| 9 | Service offering | Off-Market Property research, Acquisition, Management, and Training |
| 10 | Revenue | $8.2 Million (As per Zoominfo) |
| 11 | Website | https://www.keyglee.com/ |
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How much does a KeyGlee Franchise Cost?
The cost for starting a KeyGlee location may depend on several factors, such as, outlet’s geographical location, available floor area, and investment required to furnish the space. Additionally, the initial investment for KeyGlee chain includes the franchise fee, equipment costs, leasehold improvements, and working capital.
To embark on the journey of owning a KeyGlee franchise, potential franchisees should be prepared to make a minimum investment ranging from $124,800 – $274,050 for a retail space of at least 700-800 square feet.
How much is a KeyGlee Franchise Fee?
The franchise fee for KeyGlee is $100,000. Furthermore, Interested candidates should also meet the minimum financial requirement of at least a Net Worth of $200,00 and at least $60,000 in liquid assets.
Additional Cost for KeyGlee
Operating and sustaining a KeyGlee location involves adhering to the franchise’s standards and incurring additional costs such as royalty fees, advertisement fees, maintenance fees, and other necessary investments.
The KeyGlee may charge a royalty fee of 10% and ad royalty fee to 1%, which will be calculated on monthly gross sales. These fees contribute to the ongoing support and promotion of the KeyGlee chain.
| Type of Fee | Cost and its details |
|---|---|
| Franchise Fee | $100,000 |
| Initial Opening Support Fee | $10,000 |
| Site Concept Plan, Preliminary Due Diligence & Site Work | ~$50,000 |
| Royalty Fee | 10% |
| Ad Royalty Fee | 1% |
| Capital Required | $60,000 |
| Agreement Period | 10 Years |
| Total Initial Investment | $124,800 – $274,050 |
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How Much is KeyGlee Franchise Profit Margin?
As mentioned earlier, Real estate is undoubtedly a money-making industry that may help interested applicants to generate margins through numerous way.
Additionally, the profit margin for a KeyGlee real estate franchise owner may vary depending on the several factors such as average lead conversion and its size, potential off-market field, customer’s satisfactory rate, and many more.
Nevertheless, considering the bright growth prospects of Real estate industry, variety of services offered, reliable network of franchisees, moderate startup cost may help new franchisee to anticipate a healthy net profit margin from a KeyGlee business.
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Requirements for KeyGlee Franchise
- First and most important – One should be financially well-qualified and have good credit to start a KeyGlee location, and should be ready to invest a minimum of $124,800 – $274,050.
- Interested applicants will be advised to dedicate themselves to the KeyGlee business and follow the company standards and maintain their legacy.
- Interested applicants will have to undergo and complete the necessary training program offered by the KeyGlee team.
- Prospective applicants must possess a strong work ethic and unwavering dedication, as they will be actively involved during the initial stages of their new venture with KeyGlee.
- Interested franchisees should have passion to work in the Real Estate industry and should possess the leadership and financial skills to operate a KeyGlee location.
- One should/or their partner should meet the minimum financial requirement of at least a Net Worth of $200,00 and at least $60,000 in liquid assets.
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Why Consider Owning a KeyGlee Franchise?
- Reputed Brand Image:
- Over the years, KeyGlee has positioned itself as a prominent leader in the Real estate industry thanks to its innovative approach, extensive market knowledge, and dedication to meeting and solving the customer’s needs.
- Countrywide growing presence:
- KeyGlee has also expanded its reach across the multiple locations in the United states, ultimately offering them edge over its competitors.
- Training and support:
- Interested franchise prospects can greatly benefit from KeyGlee proven business model and successful track record in operating its outlets.
- Additionally, the KeyGlee team offers an extensive training program that provides valuable insights into the company’s operations and day-to-day tasks.
- Interested franchise prospects can greatly benefit from KeyGlee proven business model and successful track record in operating its outlets.
- Marketing and advertising Support:
- As a KeyGlee outlet owner, you will have the advantage of leveraging the brand’s effective marketing campaigns, social media promotions, and digital advertising strategies to generate awareness and attract customers.
- Ultimately, enabling the KeyGlee to establish a strong presence in the market and effectively reach your target audience.
- As a KeyGlee outlet owner, you will have the advantage of leveraging the brand’s effective marketing campaigns, social media promotions, and digital advertising strategies to generate awareness and attract customers.
What are the services offered by KeyGlee?
- Off-Market Property Research
- Real Estate Investment Opportunities:
- Helps individuals to grow their wealth through property investments.
- Property Acquisition
- Provides extended support with property analysis, negotiations, and ensuring a smooth transaction.
- Property Management:
- Tenant screening, rent collection, property maintenance, and lease agreements
- Real Estate Education and Training
- they offer workshops, seminars, and online resources
How to Get KeyGlee Franchise?
Opening a KeyGlee real estate outlet as a franchise owner involves a relatively moderate investment while offering an impressive gross profit margin. Moreover, the KeyGlee brings numerous benefits, and interested candidates can leverage their expertise and comprehensive support systems to establish franchise outlets in their city.
One can avail this franchise using below mentioned steps;
- Visit its KeyGlee’s official website and navigate to the franchising tab;
- You may need to fill in the details like Name, Email ID, State, City, Phone number, and other required info.
Steps to Own a Franchise
- Into conversation with the Franchise Team.
- Understand more by reading the Franchise Disclosure Document (FDD)
- Talk with your future team members at KeyGlee Discovery Day
- Fund your Franchise and Join the Family
Final Takeaway – Conclusion
KeyGlee is one of the leading, well-established, and pioneer brand with more than 45+ locations across the united states. KeyGlee chains are primarily renowned for offering exemplary customer experience with a wide range of off-market property research, property acquisition, management, and several real estate investment opportunity.
With an initial investment of $124,800 – $274,050, which includes a franchise fee of $100,000, the KeyGlee may offer an outstanding profit margin to its stakeholders and one may anticipate an exceptional gross profit margin and healthy net profit margin.
The Bottom line – In case you are interested in the Real Estate Industry and want to take advantage of the opportunity with moderate investment, you can start a KeyGlee location in your city.
So, what are you waiting for? Go and start your entrepreneurial journey with KeyGlee!!
Good Luck!! Happy Franchising!!
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Want to explore more? Then check out below franchising opportunities.
Food & Beverages Franchise, Bakery Franchise, Home Improvement, Real Estate, and Tea & Café Franchise
FAQ
How much does it cost to start a KeyGlee Franchise?
Ans: The initial investment required to set up a KeyGlee outlet will be around $124,800 – $274,050, which also includes the franchise fee of $100,000.
Does KeyGlee Franchise Worth Investing?
Ans: Considering the growing and bright prospects, range of investment opportunity, reasonable startup cost, and multiple revenue stream may help new franchisee to anticipate a health profit margin from this business.
How Much does KeyGlee Franchise Owner Make?
Ans: The income potential for a KeyGlee outlet owner may vary depending on the region, available growth opportunity, potential undiscovered area. But overall, One need to take KeyGlee investment as a long-term opportunity, which may provide healthy return.
