KeyGlee Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$100,000
Investment required
$122,000 - $297,000
KeyGlee: Revolutionizing Real Estate Wholesaling Nationwide
KeyGlee is a prominent franchise in the wholesale real estate industry, specializing in the acquisition and sale of investment properties. Founded in 2019 in Arizona, KeyGlee quickly expanded its operations and began franchising in 2020.
The company is headquartered in Tempe, Arizona, and has rapidly grown making it one of the fastest-growing real estate franchises in the country. As a KeyGlee franchisee, individuals gain access to a robust business model focused on wholesaling real estate.
This model involves identifying distressed properties, securing them under contract, and selling them to a network of buyers. What sets KeyGlee apart from other real estate franchises is its emphasis on creating a streamlined and supportive environment for its franchisees.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
| Type of Expenditure |
Amount |
| Initial Franchise Fee |
$100,000 |
| Travel, Lodging, Meals, Etc. for Launch Training |
$750 - $5,000 |
| 3 Months’ Lease/Rent |
$0 - $6,000 |
| Utilities |
$0 - $1,500 |
| Insurance |
$250 - $1,000 |
| Professional Fees |
$0 - $5,000 |
| Transportation |
$600 - $2,000 |
| Office Furniture |
$0 - $6,500 |
| Computer Equipment and Software |
$500 - $6,500 |
| Telephone |
$100 - $300 |
| Internet Service |
$100 - $250 |
| Hiring Services |
$0 - $7,500 |
| Additional Money for Earnest Deposits and Labor (3 months) |
$20,000 - $155,000 |
| Total Estimated Initial Investment |
$122,300 - $296,550 |
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Franchise Disclosure Document
Training
KeyGlee Franchise provides a comprehensive training program for its franchisees to ensure their success in the real estate wholesaling industry. The training includes:
- 30 Hours of In-Person and Online Training: Before launching their franchise, owners receive a combination of in-person and online training covering essential aspects of the business model, including property valuation, outbound sales techniques, and utilizing KeyGlee’s software systems.
- Immersion Weeks with Specialists: Franchisees undergo immersion weeks where they work closely with experienced specialists to learn the intricacies of the real estate wholesaling process. This hands-on experience helps franchisees understand the day-to-day operations of running a KeyGlee franchise.
- Software Suite Training: Franchisees are trained on KeyGlee’s integrated software suite, including CRM systems and tools for managing leads and transactions. This training ensures franchisees are proficient in using technology to streamline their business operations.
- On-the-Job Training and Support: Up to 48 hours of on-the-job training are provided, where franchisees receive real-time guidance and support during the initial phase of their business operations. This includes help with launching their franchise and implementing KeyGlee’s proven systems and processes.
- Ongoing Education and Monthly Networking: KeyGlee offers continuous education through monthly calls and networking events where franchise owners can learn from each other and stay updated on the latest industry trends and strategies. This ongoing support helps franchisees continually improve their skills and grow their business.
Territory Protection
KeyGlee franchise offers territory protection to its franchisees, ensuring that each franchisee operates within a defined and exclusive geographic area. This protected territory means that no other KeyGlee franchise can be established within the same area, preventing market overlap and competition among franchisees.
By securing exclusive rights to a territory, franchise owners can build their business with the assurance that they will not face internal competition from other KeyGlee franchises.
This territorial protection is a significant advantage for franchisees, as it allows them to fully capitalize on their market without the risk of dilution from additional KeyGlee outlets nearby.
