KeyGlee Franchise Cost, Revenue & Review 2026
Data from FDD filing
Analysis by FranchiseVerdict Research · Methodology
KeyGlee is a real-estate franchise focused on wholesaling, contracting off-market and distressed properties and assigning them to investor buyers. Franchisees run a local acquisitions-and-disposition operation sourcing deals and building an investor network.
FranchiseVerdict summary · 2026
A KeyGlee franchise requires a total initial investment of $67K – $257K, including a $45K franchise fee. The 2024 FDD does not disclose unit-level revenue (no Item 19). FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Data last verified · figures per the 2024 FDD issuance
Overview
- Investment
- $67K – $257K
- 51st pct Real Estate
- Avg gross sales
- N/A
- Royalty
- N/A
- Units
- 64
- 42nd pct Real Estate
- SBA charge-off
- N/A
Quick verdict · Real Estate · color = vs category peers
Green = favorable by >10% vs Real Estate avg · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $67K – $257K including a $45K franchise fee.
- RETURNSItem 19 discloses GROSS PROFIT, not gross sales. Its single table reports the 20 KeyGlee franchises that operated full-time for all of 2023 and reported complete data — combined Gross Profits of $6,694,038.11, an average of $371,981.01 per outlet — drawn from 106 outlets operational at some point in the year, of which 52 were terminated or ceased operations before 31 December 2023. We publish no average gross sales for this brand: gross profit is the spread on a transaction rather than the revenue of one, and showing it in a gross-sales column would put it side by side with other brands' turnover.
- RISKVerdict D (Below average), verdict score 29/100 (higher is better).
- FLAG52 units terminated last reporting year (81.3% of the system). Ask existing franchisees why.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- KeyGlee Franchise, Inc.
- Parent company
- KeyGlee, LLC
- CEO title
- CEO, Co-founder
- Jayden Hunter Runyon
- Incorporated in
- AZ
- HQ
- 1050 W. Washington Street, Suite 133, Tempe, AZ 85281
- Auditor
- Price, Kong & Co., CPA's, P.A.
- Audited financials
- Franchisor revenue
- $3.2M
- vs $8.6M prior year
Overview
About
- CEO
- Jayden Hunter Runyon
- Headquarters
- AZ
- Founded
- 2019
- FDD year
- 2024
- States available
- 25
Can you afford it, and what does the money buy?
Entry cost runs 24% below the typical real estate franchise.
Source: FDD 2024 · Items 5–7
FDD Item 7 · 2024 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $45K | $45K |
| Working capital (3–6 mo) | $20K | $165K |
| Equipment, build-out, other | $2K | $47K |
| Total initial investment | $67K | $257K |
Source: KeyGlee 2024 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $67K – $257K
- Middle of category vs category
- Liquid capital req'd
- $20K – $165K
- Bottom third — review vs category
- Franchise fee
- $45K – $45K
- Middle of category vs category
- Royalty
- Partner: 9% of Gross Profits or $1,800/month whichever is…
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 16.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Marketing / ad fund | 1.0% of gross sales |
| Transfer fee | $25K |
| Renewal fee | $25K |
| Total fee load | 16.0% of rev |
What do units actually make?
Source: FDD 2024 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
KeyGlee did not disclose financial performance in FDD Item 19. The ROIC and return models require Item 19 revenue. Without it all inputs are estimates. You can still run the calculator with your own assumptions by entering an expected revenue figure.
Returns model · single-unit ROIC
What would one KeyGlee unit return on the cash you put in?
Unlevered ROIC · per unit
Estimated return on your total franchise investment, before any debt financing.
47%
Within the 30–60% "attractive franchise" band
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2024 FDD
Financial Performance
Item 19 discloses GROSS PROFIT, not gross sales. Its single table reports the 20 KeyGlee franchises that operated full-time for all of 2023 and reported complete data — combined Gross Profits of $6,694,038.11, an average of $371,981.01 per outlet — drawn from 106 outlets operational at some point in the year, of which 52 were terminated or ceased operations before 31 December 2023. We publish no average gross sales for this brand: gross profit is the spread on a transaction rather than the revenue of one, and showing it in a gross-sales column would put it side by side with other brands' turnover.
- Item 19 type
- gross profits
- Sample size
- 20 outlets
- vs category median 64 · small
- Reporting year
- 2023
- Fiscal year the figures cover
- Source filing
- FDD 2024
- Disclosed in the 2024 filing, covering 2023
- Transparency
- 7 / 10
- vs category median 0 / 10 · above
Compared against 101 Real Estate brands
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 16.0% — above the Real Estate average of 9.1%.
Disclosure
Item 19 reports gross profits rather than annual gross sales, so unit revenue is not directly comparable.
Operator retention
System contracting at -35.2% CAGR over 3 years. Investigate whether closures are franchisor-driven consolidation or franchisee exits.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Real Estate averages
How KeyGlee Compares
Is the system healthy?
Source: FDD 2024 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 64
- Opened
- 5
- Last reporting year
- Closed
- 3
- Terminated
- 52
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 0
- Term expired, not renewed (per Item 20)
- Turnover rate
- 96.5%
- Company-owned
- 7
- Corporate units in the system
- % franchised
- 89%
- vs corporate-owned
- Net growth (3-yr)
- -35.2%
- Net unit change over 3 years
- 3-yr CAGR
- -35.2%
- Compounded over last 3 years
3-year detail · Item 20
- Opened (3yr)
- 5
- Closed (3yr)
- 3
- Terminated (3yr)
- 52
- Non-renewed (3yr)
- 0
- Transfers (3yr)
- 11
- Reacquired (3yr)
- 0
- Franchisor bought back
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 12 · 25 states reported
The Territory Map
FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.
25
states with franchisees (per FDD Item 12)
A system losing more than 10% of its units year-over-year is a red flag. Check whether closures are concentrated in specific regions.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
What could kill this investment?
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
KeyGlee presents elevated risk due to explosive unit growth, unprotected territory, high fixed royalty obligations, unclear franchisor viability, and lack of financial performance substantiation.
Litigation (Item 3)
Three lawsuits filed in 2024 against former franchisees in Maricopa County AZ Superior Court for breach of contract to collect unpaid royalty payments, loan payments, and other fees
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Price, Kong & Co., CPA's, P.A.
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Restricted to system-approved products: Yes
Score breakdown · what drove the 29 / 100 verdict
- 01MINORExtreme unit growth of 278.3% YoY suggests either aggressive recruitment or high churn; unsustainable expansion raises sustainability questions
- 02MINORNo territory protection creates direct competition risk and cannibalization between franchisees in same market
- 03MINORHigh royalty floor of $5,250/month ($63,000 annually) represents 5.5% of average franchise net income, creating significant fixed cost burden
- 04HIGHGoing Concern status FALSE is concerning; unclear if this indicates franchisor financial distress or data error requiring clarification
- 05MINORItem 19 Financial Performance Representations absent; cannot validate if average revenue/income figures are achievable or representative of typical unit
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 16.0% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2024 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | protected |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 1 year |
| Non-compete (miles)ℹ | 7 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 20 days |
| Mandatory arbitration | No |
| Arbitration location | Arizona (mediation) |
| Jury trial waiver | No |
| Governing law | AZ |
| Litigation count | 3 |
View Item 3 litigation summary
Three lawsuits filed in 2024 against former franchisees in Maricopa County AZ Superior Court for breach of contract to collect unpaid royalty payments, loan payments, and other fees
Items 10, 11
Training & Operations
- Classroom training
- 41 hrs
- On-the-job training
- 48 hrs
- Training location
- Online (location of franchisee's choice)
- Ongoing training
- Required
- Site selection
- Franchisee with optional franchisor review/approval
- Franchisor financing
- Offered
- Item 10
- POS system
- software tracking system
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: software tracking system
Item 20 · call current owners
Franchisee Contacts
85 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
KeyGlee · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a KeyGlee franchise?
The total investment to open a KeyGlee franchise ranges from $67K – $257K, with an initial franchise fee of $45K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do KeyGlee franchise owners earn?
KeyGlee does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Item 19 in the KeyGlee FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the KeyGlee FDD and qualifies whose outlets they describe.
What is KeyGlee's franchise failure rate?
SBA 7(a) loan charge-off data is not available for KeyGlee (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many KeyGlee franchise locations are there?
As of their most recent FDD filing, KeyGlee has 64 total units in the United States, including 57 franchised units and 7 company-owned units. 5 new units were opened in the latest reporting year.
Is KeyGlee a good franchise to buy?
FranchiseVerdict rates KeyGlee as a D-grade franchise with a verdict score of 29 out of 100 (higher is better), based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.