Keyrenter Property Management Named to Prestigious Inc. 5000 List
National Franchise Ranks 1308 with Three-Year Revenue Growth of 341 Percent
August 13, 2020 // Franchising.com // MIDVALE, Utah - Keyrenter Property Management, a nationwide leader in residential property management, is ranked 1308 on the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment - its independent small businesses.
The Utah-based property management company experienced a three-year growth rate of 341 percent, thanks to an explosive surge in system-wide gross sales. Keyrenter anticipates growing to 130 franchise partners through 2022, representing more than a 200 percent increase in franchise partners over the next three years. The company expects to achieve $50 million in system-wide revenue by 2022.
“We are thrilled to be named to the 2020 Inc. 5000 list. This is a tremendous achievement,” said Aaron Marshall, CEO and Co-Founder. “Keyrenter is experiencing rapid growth, and we look forward to creating an even bigger franchise footprint in the future as we create more entrepreneurs. We are incredibly grateful to our dedicated franchise owners and amazing corporate team for this achievement.”
Keyrenter was founded in 2007 and began franchising in 2014 to help aspiring business owners and real estate brokers capitalize on the more than 43 million households occupied by renters throughout the United States. Keyrenter has quickly grown to 42 territories across 19 states. Thousands of client investors work with Keyrenter franchise partners from coast to coast to manage tens of thousands of properties in their portfolios.
The Keyrenter franchise offers a low-overhead, high-profit, technology-based business model that is proven to generate passive recurring monthly income in the booming residential property management industry. The company’s systems allow franchise owners to manage more properties with fewer people while reducing work time, stress and the cost associated with doing business.
Not only have the companies on the 2020 Inc. 5000 been very competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well.
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