Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Keyrenter Property Management franchise financing options

Compare costs, fees and where to get financing for a Keyrenter Property Management.

Overall costs for Keyrenter Property Management run anywhere from $43,905 to $85,660. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Keyrenter Property Management franchise may result in higher or lower fees.

Franchise fees

Keyrenter Property Management franchise fees total around $27,500, which beats out the $37,000 average for the 200 largest franchises nationwide.
Franchise Cost
Initial franchise fee $20,000 to $35,000
Estimated total $20,000 to $35,000

Equipment fees

Equipment fees total $6,500 for Keyrenter Property Management. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Office equipment and supplies $2,000 to $3,000
Signage $500 to $1,000
Furniture, fixtures and equipment $1,500 to $2,000
Vehicle $1,000 to $2,000
Estimated total $5,000 to $8,000

Real estate fees

Real estate will set you back $4,500 for Keyrenter Property Management, thought it's less than the average of $788,376 for the top 200 franchises.
Real estate Cost
Real estate and rent $1,500 to $2,000
Utility deposits $0 to $1,500
Leasehold improvements $0 to $4,000
Estimated total $1,500 to $7,500

Training fees

Keyrenter Property Management initial training costs total $2,500, which comes in under the nationwide average of $9,788.
Training Cost
Training $2,000 to $3,000
Estimated total $2,000 to $3,000

Licenses and permits costs

Keyrenter Property Management initial licenses and permits will set you back $2,325. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Licenses and permits $1,650 to $3,000
Estimated total $1,650 to $3,000

Insurance costs

Initial insurance costs for Keyrenter Property Management run $3,000. This means you'll be paying less than the overall nationwide average of $6,311.
Insurance Cost
Insurance $2,000 to $4,000
Estimated total $2,000 to $4,000

Administrative fees

Keyrenter Property Management administrative fees total up to $4,000 — which comes in under the overall nationwide average of $6,761.
Admin Cost
Legal and accounting $2,000 to $6,000
Estimated total $2,000 to $6,000

Other expenses

Miscellaneous expenses for Keyrenter Property Management total $14,458 — less than the nationwide average of $69,970.
Other Cost
Three months' additional funds $9,755 to $19,160
Estimated total $9,755 to $19,160
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

Since the estimated total for Keyrenter Property Management is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Keyrenter Property Management franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Keyrenter Property Management about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $64,783 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

Consider one of the following options for covering a portion of the costs to open a Keyrenter Property Management.
  • Online loan. For a turnaround that's faster than a bank, an online business loan could be the way to go. Credit requirements are often more flexible than those of traditional bank loans, too.
  • Credit card. Using a business credit card allows you to spend up to your preapproved limit. This means if extra expenses pop up, you can likely cover them without having to take out another type of financing.
  • Bank loan. If you have stronger credit — typically a score of 670 or higher — a traditional bank loan may get you a more favorable interest rate than a credit card or online loan.
  • SBA loan. Qualifying for an SBA loan is easier than a traditional bank loan, but it typically comes with fees and higher interest rates.
Also check if Keyrenter Property Management franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $43,905. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
OnDeck small business loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
LendingClub personal loans for business
$1,000
$40,000
US citizen or permanent resident, verifiable bank account, steady source of income, ages 18+.
Get prequalified for a personal loan up to $40,000 to help you grow your business. Great for new business owners with at least fair credit.
loading

Compare up to 4 providers

How Keyrenter Property Management stacks up

Compare how Keyrenter Property Management holds up against two similarly sized franchises.
1000 Degrees Pizzeria Keyrenter Property Management Link Staffing Services
Average Franchise fees $29,500 $27,500 $35,000
Average Equipment fees NA $6,500 $3,750
Average Real estate fees $212,500 $4,500 NA
Average Training fees NA $2,500 NA
Average Inventory fees $12,000 NA $1,500
Average Marketing fees $17,500 NA NA
Average Licenses and permits fees $2,750 $2,325 NA
Average Insurance fees $2,250 $3,000 $5,000
Average Admin fees $1,250 $4,000 NA
Average Personnel fees NA NA NA
Average Other fees $25,000 $14,458 NA

Bottom line

Keyrenter Property Management franchise costs run a total of $64,783. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site