Franchise Glossary
Turnkey
What is Turnkey in franchising?
A franchise location delivered to you fully built out, equipped, stocked, and ready to operate. You turn the key and open for business on day one. The franchisor handles all construction, design, equipment installation, and initial inventory. Turnkey setups significantly reduce the complexity and project management burden of opening, but they typically come at a premium price compared to managing the build-out yourself. Compare turnkey pricing against self-managed costs to decide which approach fits your budget and comfort level.