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Franchise ID: FRN9817

Pass the Keys

Lead a local property management team, earn recurring income from short-lets and build your own portfolio with a proven, high-profit model backed by £6M in annual bookings.

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Territory Information

Location:
Chelsea
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Franchise Fee £15,000
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Minimum Investment £40,000
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Available Locations Areas available throughout the UK
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Lifestyle Full time, Part time
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Management Type Owner Managed
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Industry Property

Scale a profitable property business… monetising other people’s properties

Lead a high-performing local team managing beautiful homes, and generate recurring income from other people’s properties… then build a property portfolio of your own.

If you’ve got the drive to lead and ambition to scale, we can give you the keys to our proven business model, with the guidance and support to build the No1 short-let property management business in your area.

Our leading multi-territory operation manages over £6 million in annual bookings, generating £200K+ in net profit, run by a 10-person team.

Pass They Keys Franchise

This is an asset-building opportunity for people seeking an exciting and fast-paced property business

You don’t need to buy property to profit from it. Instead, monetise other peoples’ homes, earning from every aspect of every booking at every property, backed by a powerful platform that does the heavy lifting behind the scenes.

Pass They Keys Franchise

Imagine 50+ short-let properties under your team’s management. Trusted by homeowners. Loved by guests. Powered by our world-class tech and a brand with some of the highest Airbnb ratings in the world.

Pass the Keys makes it possible.

We’re the UK’s largest and most respected short-let property management franchise. With more than 60 territories, we’re proven – and still growing.

Pass They Keys Franchise

This is more than a property business... it's a lifestyle. A rewarding people business. A portfolio-builder.

You’ll help homeowners earn passively. You’ll create local jobs. You’ll deliver stand-out guest experiences. And you’ll do it all with the opportunity to build an asset while enjoying a six-figure income that’s powered by performance… not hours.

An evolving sector with so much opportunity

The short-let industry is evolving. Regulation is tightening. Owners want trusted professionals, not DIY hosts. Pass the Keys is leading this shift: combining tech, brand strength and operational excellence to take over the mid- and high-end market.

  • Core Revenue: property management fees (~18% + VAT of rental booking value)
  • Additional Income: cleaning markup, onboarding fees, upsells (e.g. window cleaning, energy certificates, maintenance services)
  • Low Overhead: a small team can manage up to 50 properties

At 100+ properties with your own management team, you will be creating a valuable asset delivering a serious six-figure income per territory – with plenty of room to grow via expansion to more locations.

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Combine personal service with AI optimisation

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Payments handled by PTK so you focus on growth

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World-class proprietary tech to automate ops

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Each property generates ~£4,000 net income p.a.

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Scale to 50+ properties per territory

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Close relationship with Airbnb and Booking.com

We’ve always been tech-led; now we’re leveraging AI to augment and enhance the valuable human service

We’ve invested heavily in AI tools that streamline daily tasks – so you and your team can focus on growth, quality, and human relationships with your clients.

  • 80% of guest messaging is handled automatically, with AI responding to routine questions instantly and accurately
  • Scheduling, cleaning coordination and property insights are managed by smart software, reducing admin to a minimum
  • You stay in control: AI augments your team and virtual assistant (VA), not the other way around

This is where the real advantage lies. While independent operators and smaller firms struggle to manage complexity, you’ll offer a seamless, 5-star experience powered by intelligence and efficiency.

Less firefighting, more strategy. That’s how you scale.

“We’re running at about mid-fifties property-wise, and our goal in the next couple of years is to get to one hundred. I don’t think we could have grown our business as quickly as we have without Pass the Keys.”

– Vicky & Andy, Franchisees

Vicky

Successful Pass the Keys franchisees come from a wide range of backgrounds

Successful franchisees include former executives, entrepreneurs, and partnerships. Franchisees don’t shy away from hard work – but they expect it to lead somewhere big.

  • Growth-minded: you’re driven to scale beyond managing 50 properties
  • Commercially experienced: you’ve led teams, run a P&L or owned a business
  • Decisive and energetic: you don’t wait for permission; you make things happen
  • People-focused: provide great hospitality and happiness to local visitors

“I work with all of the franchisees to make sure they are successful from the point of training onwards. I've got personal experience working in property, having managed around 80 apartments myself. I work with them and teach them everything I’ve learned.”

– Hanna, Franchise Success Manager

Hanna

What’s the journey looks like to building your own short-let property business

We’ve already made the mistakes, so you don’t have to. You’ll have a proven roadmap designed to help you grow quickly and build something that lasts.

1. Foundations: launch & leverage

Your focus: signing up homeowners, overseeing operations, and building your initial team. Your target: 15–30 high-quality properties under management. Your support: our tech, training, marketing materials and a dedicated Franchise Success Manager.

2. Build: grow & lead

You’ve laid your foundations – now it’s time to accelerate. With systems and people in place, you’re scaling to 50+ properties. We’ll help you refine margins, hire a city manager, and optimise performance.

3. Develop: scale & freedom

Now you’re working on your business, leading your team of employees locally and offshore. You’ll focus on exploring new revenue streams or additional territories. You’ve built a true property business asset, with time freedom to match.

Where financial freedom meets lifestyle choice

“We're about to launch our second territory, so the immediate goal is to replicate the success we've had with Anglesey, whilst also continuing to grow our original territory to reach its full potential. It's exciting... we are all looking forward to the challenge ahead."

– Gareth, Franchisee

Gareth

Invest in the property industry with a proven business model

The total initial investment to start your new property business is typically £30,000–£40,000 (including working capital) depending on your territory.

With the right mindset, reinvestment strategy and support from our team, you could be on a trajectory to achieve six-figure returns in under three years…

…and then aim to join our million-pound club, and ultimately overtake our largest operation, which generates more than £200K profit annually. The race is on!

Please note: figures offer no guarantee; actual returns depend on your effort, scale, and approach. This is a high-growth opportunity – but you have to drive it.

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Next steps

Get in touch below to begin exploring the opportunity – we’ll send you a prospectus with more detail and answer all your questions transparently.

 

News

Pass the Keys Announces Franchise Discovery Evening in Birmingham
Pass the Keys Announces Franchise Discovery Evening in Birmingham
If you’re looking for a serious business you can scale, Pass the Keys’ Franchise Discovery Evening is for you. The event is designed to help you get clear on the franchise opportunity: how our...
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How Natalia Joined Pass the Keys £1m NBV Club
How Natalia Joined Pass the Keys £1m NBV Club
Natalia Soler, owner of Pass the Keys (PTK) in Glasgow, is not only one of the most successful franchise partners in the network but also one of the most inspirational. Over the past two years...
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Why Pass the Keys Is 2026’s Most Exciting Property Management Franchise Opportunity
Why Pass the Keys Is 2026’s Most Exciting Property Management Franchise Opportunity
If you’re an ambitious professional looking for a serious business you can scale – and not just a side hustle – 2026 is the year to make that decision. As the UK’s short-let and serviced...
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Why ranking in the HSBC Elite Franchise EF100 matters – and what it says about the Pass the Keys opportunity
Why ranking in the HSBC Elite Franchise EF100 matters – and what it says about the Pass the Keys opportunity
Given the sheer size and variety of the UK’s franchise sector, it can be hard for ambitious entrepreneurs to identify the brands that truly stand out. That’s where the HSBC Elite Franchise TOP 100...
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Pass The Keys named in the HSBC Elite Franchise TOP 100 for 2026
Pass The Keys named in the HSBC Elite Franchise TOP 100 for 2026
For the fourth consecutive year, we are delighted to reveal Pass The Keys has been ranked in the renowned HSBC Elite Franchise TOP 100 for 2026, placing 85th. Regarded as one of the most...
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Case Studies

How Alex Reached a Short Let NBV of £660k at 27 Years Old
How Alex Reached a Short Let NBV of £660k at 27 Years Old
For any young, budding entrepreneurs seeking a real-world example of someone who has built a thriving franchise from the ground up, look no further than Alexander Jones’ success story. Alex...
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