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  • 5 email address
  • 31 phone numbers
  • 10 unit locations

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Business Description

We are a Utah limited liability company fonned on December 10, 2013. Opr prmeipal business address is 79 East Fort Union Blvd., Midvale, Utah 84047., We do business under our corporate name and the name Keyrenter Property Management. We began fiianchisihg in 2014. We have not previously offered franchises in any other line of business.

Prior Experience

We do not have any parent companies or predecessors. We have: four affiliates. Premier Management of Utah LLC d/b/a Keyrenter Salt Lake was organized in Utah on April 29, 2014 and is located at 81 E 7200 South, Midvale Utah 84047. Preinier Management of Utah, LLC has owned and operated businesses of the t>i)e being franchised in Midvale, Utah, since December 2007. Premier Management of Utah LLC does not currently offer and has not previously offered franchises in this dr any other line of business nor does it provide products or services to franchisees

Business Offered

We offer a Standard and a Small Market franchise described-as follows; A Standard Keyrenter Property Management franchise: A Standard RCyrenter Property Management franchise is identified as a franchise purchased within,a centralized metropolitan: area that has a population that exceeds 100;000 people. Standard Brand Conversiori. If you already owu a bona fide, existing residential property management company with at least 20 residential or commercial units under management and would like to purchase a Standard Keyrenter Property Managqnent franchise, you only pay us $20,000 for a Standard Market: franchise, instead of the typical franchise fee of $35,000- Whether or not your business qualifies as bona fide is solely at our discretion. A Small Market Keyrenter Pronertv Management franchise: A Small Market Keyrenter Property Management finnehise is identified as a franchise purchased within an isolated or rural metropolitan area that has a population under 100,000 people. Srmll Market Brand Conversion: If you already own a bona fide, existing residential property management company with at least 15 residentiad or commercial units under management and would like to purchase a Small Market Keyrenter Property Management franchise, you only pay us $12,500 for a Small Market finnchise, instead of the typical franchise fee of $20,000. Whether or not your business qualifies as bona fide is solely at our discretion.We reserve the sole right to identify franchises as either Standard or Small Market.

Initial Fees

A Standard Kevrenter Property Management fianchise: You nay us a $35,000 lump sum Franchise Fee when you sign the Franchise Agreement. This franchise fee is uniform.

Financing

We prefer not to finance any part of the Initial Franchise Fee. However we may ofier financing for a portion of your Initial Franchise Fee if you meet our qualifications, using the Standard Secured Promissory Note attached as Exhibit C.Our decision to finance is at our sole discretion. Our standards for advancing credit to franchisees are based upon, the financial status and credit worthiness of the franchisee, and other factors including die level of interest and demand expressed to us for Or hear the area or territory you are interested in. If you request financing, we will review and investigate the financial information, credit references provided by yOu, and other factors to determine if you have the ability to repay the loans to us in a timely manner; and if it would be in Our best interest. We will not discriminate based on any unlawful reason. The determination of whether or not we will extend financing to you is usually completed within 10 business days from submission of the requested information.

Franchisee Revenue and Profit

The FTC's Franchise Rule permits a franchisor to provide information about the actual or potential financial performance of its franchised and/or franchisor-owned outlets, if there is a reasonable basis for the information, and if the information is included in the disclosure document. Financial performance information that differs from that included in Item 19 may be given only if: (1) a franchisor provides the actual records of an existing outlet you are considering buying; or (2) a franchisor supplements the information provided in this Item 19, for example, by providing information about possible performance at a particular location or under particular circumstances. We do not make any representation about a franchisee's future financial performance or the past financial performance of company-owned or franchised outlets. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial performance information or projections of your future income, you should report it to the franchisor's management by contacting Aaron Marshall, President, 79 East Fort Union Blvd., Midvale, Uttah 84047, (801) 316-1500, the Federal Trade Gommission, and the appropriate state regulatory agencies.