Franchise FAQ

what is keyglee franchise

by Marshall Kuphal III Published 1 year ago Updated 1 year ago
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KeyGlee is one of the nation's largest real estate investment property wholesalers & fastest-growing real estate franchises. Created in 2019 in AZ, KeyGlee began offering franchises in 2020. Today, operations include 125 franchises across the country and ambitious expansion plans.

Full Answer

What is keyglee?

KeyGlee is one of the nation’s largest real estate investment property wholesalers & fastest-growing real estate franchises. Created in 2019 in AZ, KeyGlee began offering franchises in 2020. Today, operations include 125 franchises across the country and ambitious expansion plans. KeyGlee’s Success Model Includes: What Makes KeyGlee So Special?

How much does it cost to buy a keyglee franchise?

The cost to buy a KeyGlee franchise includes a minimum liquid capital of $60,000 and a total investment of between $124,800 and $274,050. When you own a KeyGlee franchise, you invest in something special and automatically become part of a growing family. KeyGlee is fully invested in doing everything to help you succeed in your market.

Who is the CEO of keyglee?

KeyGlee is now franchised in over 20 states across the United States. He also has the pleasure of being CEO and co-founder of New Reach Education, an online education system. Hunter is the co-founder and current CFO of KeyGlee.

Who is keyglee’S Jamil Bhatia?

He successfully built KeyGlee, which is now a National Franchise with over 80 employees, spanning 90+ US markets. Jamil also runs a mentorship called Astro Flipping where he mentors and educates hundreds of entrepreneurs on how they can be successful in their own Wholesaling business.

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Do franchise owners get rich?

According to a survey done by Franchise Business Review*, the average pre-tax annual income of franchise owners in the U.S. is about $80,000. However, only 7% of franchise owners earn over $250,000 per year with 51% earning less than $50,000.

Is buying into a franchise a good investment?

If you're a fledgling entrepreneur or a seasoned business person wanting to diversify your holdings, you've probably wondered, “Are franchises a good investment?” The simple answer is yes, especially if a great opportunity presents itself. There is an obvious appeal to starting a business via buying a franchise.

Who founded KeyGlee?

Jayden Runyon - Founder - KeyGlee | LinkedIn.

Are franchisees profitable?

Buying a franchise might seem like easy money, but those royalties and fees will quickly cut into profit margins. The majority of franchise owners earn less than $50,000 per year.

How do franchise owners get paid?

How do franchise owners get paid? Franchise owners can pay themselves a salary or depending on their business entity, they may be able to take a draw from their accumulated equity.

Which franchise is the cheapest to own?

12 best low-cost franchises for aspiring business ownersCruise Planners. Franchise fee: $10,995. ... Fit4Mom. Franchise fee: $5,495 to $10,495. ... Chem-Dry. Franchise fee: $23,500. ... Jazzercise. Franchise fee: $1,250. ... Stratus Building Solutions. ... SuperGlass Windshield Repair. ... Mosquito Squad. ... Pillar to Post Home Inspectors.More items...•

How much is the Astro flipping course?

How Much Does AstroFlipping Cost? Typically, the AstroFlipping Accelerator course costs about $5,800 and the Executive course costs about $7,500.

What is Astro flipping?

Astro Flipping is simply selling multiple properties to 1 investor. It is not trying to turn 1 property at a time into several deals its a relationship with 1 investor that you do multiple deals with.

What franchise pays the most?

What is the most profitable franchise to own? According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own. The food chain has been franchising for nearly 6 decades and is still seeking franchises worldwide. As of 2021, they have 7,567 open units.

How much money do you need to start a franchise?

Franchise startup costs can be as low as $10,000 or as high as $5 million, with the majority falling somewhere between $100,000 and $300,000. The price all depends on the industry, location and type of franchise.

Is franchising a good idea?

Advantages of buying a franchise You don't necessarily need business experience to run a franchise. Franchisors usually provide the training you need to operate their business model. Franchises have a higher rate of success than start-up businesses. You may find it easier to secure finance for a franchise.

What are the disadvantages of buying a franchise?

Disadvantages of franchising for the franchiseeRestricting regulations. ... Initial cost. ... Ongoing investment. ... Potential for conflict. ... Lack of financial privacy.

What is the failure rate for a franchise?

Coincidentally when I was with NatWest I managed the survey for the last 22 years. Pretty much every year the survey has been conducted has shown between 8-12% of franchise businesses left their franchise each year. This is for a variety of reasons, including retirement, selling, ill-health and financial failure.

What franchise has the best return on investment?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

Is it better to start a business or buy a franchise?

Bottom line, franchises have a higher overall success rate than startups. Franchises operate under a predetermined business model that has already brought success while independent businesses make adjustments and decisions to their business model as they go.

Who is the CFO of Keyglee?

Hunter is the co-founder and current CFO of KeyGlee. Hunter has filled many roles at KeyGlee in addition to his CFO role. From being responsible for 40% of the company's property sales, to leading the transaction department, human resources department and being the COO for some time. In 2020 Hunter was instrumental in bringing the company to launch it's franchising opportunity.

What is Keyglee app?

Our mobile app, KeyGlee deals, gets you our latest deals straight on your mobile device! You can save target areas, and get push land houses multi-family land opportunities for your next new build, buy and hold portfolio, or maybe just to go frolicking through the flowers. Whatever style of home you are after, we can help, big or small, we've got you covered. Receive notifications when a new property comes in. Go ahead and snag it on either the app store or google play store!

Is Keyglee a real estate company?

KeyGlee is a company like none other in the real estate industry. The first thing you’ll notice is their culture is extremely warm and friendly. It’s rare to come across such a customer centric experience in the real estate investment world, yet they have always remained true to their identity and put others first before themselves. I work primarily with Jesse Stewart and beyond our strong business alliance, he’s become one of my best friends as well. He’s as real as they come, the nicest guy you’ll ever meet, and yet he will go to war for you to make sure you are taken care of. I recommend KeyGlee to everyone in the industry, regardless of your niche. As the saying goes, “All roads lead to KeyGlee.”

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