Franchise Deep Dive: KeyGlee Franchise Costs, Fees, Profit and Data

LAST UPDATED: March 15, 2023

FRANCHISE WEBSITE: https://www.keyglee.com/franchising

NUMBER OF LOCATIONS: 132

REPORTED COST TO GET IN: $124,800 and $274,050

REPORTED ROI (Item 19): N/A

KeyGlee, one of the nation’s largest real estate investment property wholesalers and fastest-growing real estate franchises, is on a mission to revolutionize the wholesale real estate industry—one deal at a time. 

How Many KeyGlee Locations Are There?

KeyGlee was created in 2019 in Arizona by Josiah Grimes, a successful entrepreneur; Hunter Runyon, a successful real estate investor; and Jamil Damji, star of A&E’s “Triple Digit Flip” and a major wholesale real estate investor. With in-depth knowledge of the industry, the idea was to “revolutionize wholesaling by creating a God-fearing industry that pursues business relationships built on integrity—creating an uplifting workplace where all team members can grow and succeed by accomplishing personal and business goals.”

Something about the business proved to catch on, and the team quickly began offering franchises in 2020. Despite the COVID-19 pandemic, the KeyGlee brand has already expanded to 132 franchises across the country and was recently ranked No. 310 on the 2023 Franchise 500.

What Is the KeyGlee Business Model?

The KeyGlee business model is built around wholesale real estate investing, which means franchisees will spend their time finding distressed properties, getting them under contract and then selling them to a buyer. KeyGlee also claims to have taken wholesaling to a whole new level, providing owners with a built-in network of sellers (acquisition) and buyers (disposition) who are already under contract. 

 KeyGlee’s business model includes:

• B2B focus
• Acquisition and disposition network
• Supplier and buyer leads provided
• Protected markets
• Systems and processes in place
• Ongoing training and support

How Much Can KeyGlee Franchise Owners Make?

The KeyGlee brand does not make financial performance representations publicly available. In an interview, Grimes mentioned that he had seen others in the wholesale real estate industry bring in $100,000 in revenue in just four weeks.

How Much Does It Cost to Open a KeyGlee?

The total investment necessary to begin operation of a Unit Franchise ranges from $124,800 to $274,050. 

What Is the Franchise Fee for KeyGlee?

• Initial franchise fee: $100,000
• Liquid cash required: $30,000 to $60,000

Who’s On KeyGlee’ Leadership Team?

• Hunter Runyon—Chief Executive Officer
• Jamil Damji—Chief Business Development Officer
• Rahima Blaza—Project Manager
• Josiah Grimes—Chairman

What Helpful Articles Can I Read to Learn More About KeyGlee?

• Why Did We Franchise Keyglee?
• How Damji Built a Successful Wholesale Real Estate Operation
• How Keyglee Franchises Can Help you
• What Is Your Exit Strategy From Keyglee? 
• KeyGlee Franchise Testimonial

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