KeyGlee Franchise Cost, Revenue & Review 2026
- Investment
- $67K – $257K
- Disclosed sales
- partial, no system average
- SBA charge-off
- Not SBA-matched
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 and an ongoing 9.0% royalty[2]. The 2024 FDD on file does not yield a unit-revenue figure we can publish. FranchiseVerdict grade: D (Below average), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: medium - issued 12 to 24 months ago; a newer filing is likely on file
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✗ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored4 of 5 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.
Overview
- Investment
- $67K – $257K
- 53rd pct Real Estate
- Avg gross sales
- N/A
- Projection
- Royalty
- 9.0%
- 60th pct Real Estate
- Units
- 64
- 41st pct Real Estate
- SBA charge-off
- N/A
Quick verdict · Real Estate · color = vs category peers
Green = favorable by >10% vs Real Estate median · 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, 9.0% ongoing royalty.
- 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).
- GROWTHNegative: net -49 franchised outlets in the latest year (5 opened, 3 closed) (Item 20).
- 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
- FDD Item 1, page 6 of the 2024 FDD
- 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 22% above 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
- 9.0%
- Tiered by sales volume · typical 6–8%
- Ad fund
- 1.0%
- typical 3–5%
- Total fee load
- 16.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 9.0% of gross sales |
| Marketing / ad fund | 1.0% |
| 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
No Item 19 revenue figure for KeyGlee is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one KeyGlee unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
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.
Reported as earnings, not sales — gross sales is not profit
- Item 19 type
- earnings
- Sample size
- 20 outlets
- vs category median 53 · 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 median of 7.5%.
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 medians
How KeyGlee Compares
Category median of published Real Estate brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
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
Last fiscal year · Item 20 exits and transfers
- Terminated
- 52
- Not renewed
- 0
- Transferred
- 11
- Reacquired
- 0
- Franchisor bought back
- Signed, not yet open
- 0
- 0.00 per open outlet · Item 20 Table 5
- Projected new
- 18
- Franchisor's next-year forecast
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)
Subject: the franchisor is a named party (plaintiff).
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
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 territory |
| 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
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?
Item 19 of the KeyGlee FDD discloses figures for part of the system but no single average across all outlets. These are gross sales figures, not profit; the Revenue section shows what the filing reports and on what basis. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns KeyGlee?
KeyGlee is franchised by KeyGlee Franchise, Inc.. Its parent company is KeyGlee, LLC. Source: FDD Item 1, 2024 filing.
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). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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
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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.