Pass the Keys is the leading franchise in the short-let property management sector, revolutionising the way property owners maximise their rental income through innovative technology and comprehensive support.
In simple terms, Pass the Keys helps property owners rent out their properties on a short-term basis, without the hassle. Our franchise partners handle everything from listing the property on platforms such as Airbnb, managing bookings, communicating with guests, to cleaning and maintenance. This ensures property owners earn more without the extra work.
Our franchise package includes extensive training and ongoing support, access to our proprietary technology for managing properties, marketing materials, and operational guidelines. We provide everything that’s required to manage short-let properties efficiently and scale, from software to strategy.
The franchise fee starts at £18,600, with an additional working capital advised of between £15,000 to £20,000. Ongoing management fees cover support services, technology access, and brand licensing. We maintain strong relationships with leading banks, potentially assisting with financing.
Currently operating across the UK with over 80 franchise partners and expanding internationally, our business model is flexible, allowing for home-based or office-based operations, depending on the territory and services offered. We have plans for further expansion, offering territories in untapped markets.
Pass the Keys proudly showcases our recognition within the industry through several prestigious awards. We have been honored with the Shortyz Award, highlighting our innovation and excellence in the short-term rental market. Additionally, we were the runner-up for the bfa Emerging Franchisor Award, a testament to our growing influence and ethical business practices in the franchising community.
Our commitment to quality and service was further recognized at the STAA Property Awards 2022, and we have also been named a Top Emerging Franchisor by Elite Franchise. These accolades reflect our dedication to excellence, innovation, and the success of our franchise model in the property management sector.
We seek motivated individuals with a passion for property and customer service, ready to embrace the challenges of managing short-let properties. No prior experience in property is required, but entrepreneurial spirit, dedication, and a willingness to learn are essential.
Many of our franchisees have seen substantial growth and success, transitioning from various industries into thriving property management entrepreneurs with our model.
"After 22 years as a car sales executive for Audi, I was ready for a change and found my calling with Pass the Keys. My previous role, while employed, had the essence of self-employment as it required generating my own leads, which unknowingly prepared me for entrepreneurship. Discovering Pass the Keys was a revelation. I had a property I was considering for short-letting but lacked the time to manage it. The gap in the market for such a service in Shropshire seemed like the perfect opportunity for me, combining my interests in property, people, and holidays.
Launching my franchise in July 2021, I started with a small apartment, which proved to be an invaluable learning experience. The growth I've seen this year has been phenomenal, prompting me to hire additional help due to the demanding nature of the job. The support from the Pass the Keys community has been indispensable, especially in the early stages, offering advice and solutions whenever needed.
My daily routine involves desk work in the mornings followed by visits to hosts or potential hosts in the afternoons. Managing tasks efficiently, from updating guest manuals to scheduling cleaners and addressing maintenance, is key. It's crucial for new franchise partners to understand that this is not a typical 9-5 job. It requires dedication, a willingness to work hard, and a people-oriented approach to addressing and solving the needs of guests and hosts alike. Despite the challenges, the rewards and satisfaction of solving problems and making people happy are immense."
Vicky, Shropshire Franchisee
Introduction to Pass the Keys Franchise Opportunity
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