Keyrenter Property Management

Keyrenter Property Management

Keyrenter Property Management franchises provide comprehensive residential property management services, including leasing, maintenance and repair management, tenant relations, rent collection, and assistance in building real estate investment portfolios for owners of single-family homes, condominiums, and multi-family properties. The business operates under the Keyrenter brand using standardized systems and methods, offering both new single-unit franchises in metropolitan areas and brand conversion franchises for existing property management companies with at least 20 units under management. Their target market includes residential property investors seeking passive income without the daily hassles of property management.

58
Locations
$116K–$241K
Investment
Since 2014
Franchising
ServicesMidvale, UTwww.KeyrenterFranchise.comDisclaimer

Franchise Costs


Franchise Fee
$50,000
Item 5 of FDD
Initial Investment Range
$116,425 $240,979
Low: $116,425High: $240,979
Item 7 of FDD
Royalty Rate
7.00%
of gross sales
Brand Fund
1.00%
Item 6 of FDD
Fixed Monthly Fees
$725 – $925
Item 6 of FDD

Tiered royalty (7% starting, down to 3%) + 1% brand development fund + $575/mo Keyrenter marketing fee + $150/mo technology fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$0
Median Gross Revenue
$0
Top Quartile Revenue
$0
Bottom Quartile Revenue
$0
Average Net Profit
$0

Data Based On: 50 franchised Keyrenter Businesses fully operational for all 12 months of 2024, with at least one property under management and verifiable Gross Revenue (Table 3).

* Gross Revenue metrics calculated from 50 individual franchised locations listed in Table 3 (Pages 5-6). - Average Gross Revenue: Sum of all 50 revenues / 50. - Median Gross Revenue: Median of the 50 revenues. - Revenue Top Quartile: Average of the top 12 (25%) gross revenues. - Revenue Bottom Quartile: Average of the bottom 12 (25%) gross revenues. Net Owners Benefit (NOB) used for Average Net Profit, taken from Table 1b, 'All' category. The weighted average NOB for the subgroups (7 units at $66384 and 34 units at $200255) is $177398.98, which matches the stated average of $177399 for 41 locations.

Extracted Item 19 Section

How Keyrenter Property Management Compares


Key Insights

  • Higher investment than 75% of Property Management franchises
  • Top 10 largest franchise system in Property Management
FranchiseInvestmentFeeRoyaltyLocations
Keyrenter Property Management
Current
$116K – $241K$50K7.0%58
SOLA SALONS$1.2M – $1.9M$60K5.5%660
ALL COUNTY$86K – $118K$59K7.0%78
Home Smiles$153K – $200K$60K6.0%77
GRAND WELCOME$68K – $170K$49K8.0%62
SKYRUN; SKYRUN VACATION RENTALS$105K – $154K$55K5.0%41
Property Management Average
12 franchises
$214K – $405K$41K6.5%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 12 Property Management franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1TX
8
2FL
7
3VA
6
4CA
6
5UT
3
6IL
3
7MO
2
8MD
2
9CO
2
10AZ
2
11OK
2
12TN
2
13WA
2
14AR
1
15DC
1

+10 more states

SBA Loan History


Historical SBA 7(a) loan data for Keyrenter Property Management franchisees (20162025)

Total Loans
140
Average Loan
$161,426
Total Volume
$22.6M
Default Rate
5.0%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


88 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

88 Contacts Available

Unlock all Keyrenter Property Management franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
2
Non-Renewals
0
Reacquired
0
Ceased Ops
2
Transfers
1
Sold to Franchisees
1
Projected New
13

Frequently Asked Questions


The total initial investment to open a Keyrenter Property Management franchise ranges from $116,425 to $240,979. This includes a franchise fee of $50,000. Ongoing royalty fees are 7.0% of gross sales.

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