KeyGlee is a real estate investment company focused on identifying, acquiring, and reselling undervalued properties for profit. The franchise provides investment and property flipping services.
Key Insights
- KeyGlee was created to bring much-needed innovation and professional standards to an industry that required modernization, focusing on developing scalable systems and processes that ensure consistent quality while adapting to local market conditions and customer preferences.
- Educational delivery focuses on building strong foundational skills while simultaneously fostering creativity and critical thinking abilities, utilizing assessment tools and feedback systems that help students understand their progress and develop confidence in their academic capabilities.
- Economic factors support increased consumer spending on services that improve quality of life and provide convenience, creating growth opportunities for businesses that can deliver value while adapting to changing economic conditions and customer priorities.
Franchise Fee and Costs to Open
Exploring the financial picture of KeyGlee gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $122,300 - $311,950, along with a franchise fee of $100,000 - $100,000.
Financial Performance and Revenue
Yearly gross sales of $371,981 and estimated earnings of $66,957 - $81,836 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 3.4-5.4 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
SalesStar provides a comprehensive onboarding program for new franchisees. Initial training spans two weeks and occurs at SalesStar's headquarters. This program offers a deep dive into sales strategies and operational best practices. SalesStar also provides access to ongoing resources, including marketing materials and a dedicated support team, to aid in business development.
Legal Considerations
Legal considerations for a KeyGlee franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating an Education & Children business, similar to SalesStar's model, presents several considerations for a franchisee. Understanding the local educational landscape, including existing tutoring centers, extracurricular programs, and school offerings, is a key factor. Managing the day-to-day operations, from curriculum delivery and staff scheduling to customer service and facility maintenance, requires attention. Additionally, the availability and cost of specialized educational materials or resources may influence operational efficiency.
Franchise Datasheet
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