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Vanguard Key Clubs Franchise FDD, Costs & Fees (2026)

Vanguard Key Clubs is a B2B franchise offering automated key-management kiosks and locker systems, serving auto dealers, fleets, and property managers, and known for secure 24/7 key access, audit trails, and efficiencies that reduce lost keys and speed vehicle retrieval.

KEY FRANCHISE STATS

Franchisees

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0
+
n.a.
n.a.
Franchise fee

?

$40,000
Investment

?

$207,000 - $528,000
Revenue (AUV)

?

Undisclosed

$0

+
n.a.
n.a.
Upgrade

Vanguard Key Clubs is a 24-hour “key-card only” gym franchise opportunity that offers members round-the-clock access while eliminating the need for full-time front-desk staffing.

The concept was founded by Craig Annis in 1992 and is headquartered in Hampton Falls, New Hampshire. The franchisor operates under the parent company Key Club Development Corporation and began offering franchise units in 2019.

The business sells fully-equipped fitness centers with strength, cardio and functional training equipment, combined with a low-overhead, semi-absentee ownership model.

What differentiates Vanguard Key Clubs from competing gym brands is its unmanned, self-service model designed for scalability and efficiency.

Initial investment

The initial investment required for a Vanguard Key Clubs franchise is $207,000 - $528,000. That is the total cost you would need to finance if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $40,000
Rent – 3 Months $6,000 to $20,000
Security Deposits $6,000 to $65,000
Blueprints $3,000 to $7,000
Leasehold Improvements $10,000 to $150,000
Furniture, Fixtures and Equipment $100,000 to $150,000
Computer System $4,000 to $6,000
Insurance – 3 Months $1,500 to $6,000
Initial Inventory $0 to $3,000
Travel, Lodging and Meals for Initial Training $250 to $5,000
Signage $1,000 to $3,000
Grand Opening Advertising Campaign $2,500 to $5,000
Licenses and Permits $100 to $700
Professional Fees $3,000 to $7,000
Additional Funds – 3 Months $30,000 to $60,000
Total $207,350 to $527,700

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Type of Expenditure Amount
Initial Franchise Fee $40,000
Rent – 3 Months $6,000 to $20,000
Security Deposits $6,000 to $65,000
Blueprints $3,000 to $7,000
Leasehold Improvements $10,000 to $150,000
Furniture, Fixtures and Equipment $100,000 to $150,000
Computer System $4,000 to $6,000
Insurance – 3 Months $1,500 to $6,000
Initial Inventory $0 to $3,000
Travel, Lodging and Meals for Initial Training $250 to $5,000
Signage $1,000 to $3,000
Grand Opening Advertising Campaign $2,500 to $5,000
Licenses and Permits $100 to $700
Professional Fees $3,000 to $7,000
Additional Funds – 3 Months $30,000 to $60,000
Total $207,350 to $527,700

Franchise Disclosure Document

Below is Vanguard Key Clubs's 2025 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.

Number of units

Vanguard Key Clubs had 6 total units in 2025, of which 0 were franchised-owned and 6 company-owned.

Frequently Asked Questions

Competitors

Below are some of

Vanguard Key Clubs

key competitors in the

Gyms

sector.

Franchise
Franchisees
Royalty fee
Total investment
Revenue
Upgrade
EBITDA
Upgrade

0

New
+
n.a.
n.a.

4.5%–5%

$207,000

-

$528,000

$0

n.a.

$xxx,xxx

n.a.

xx%

n.a.

Training

Vanguard Key Clubs provides a robust training structure aimed at ensuring operational success and consistency across all franchise locations. The training encompasses multiple formats including classroom instruction, hands-on experience, and ongoing educational opportunities.

  1. Initial Training Program: Up to four individuals, including the franchisee, Operating Owner, and General Manager, must attend a training program lasting up to five days at the corporate offices in Hampton Falls, New Hampshire. This training is included with the franchise fee, but franchisees must cover expenses such as travel, lodging, meals, and wages.
  2. Supplemental Training: Franchisees may request or be required to undergo additional on-site training, subject to a per diem rate and reimbursement of trainer expenses. This ensures continual support and operational alignment.
  3. Refresher Training and Annual Meetings: Vanguard Key Clubs may hold mandatory refresher training and annual franchisee meetings to introduce system updates and reinforce standards. While there’s typically no fee for these sessions, all related expenses are the responsibility of the attendees.
  4. Managerial and Staff Training: If a new General Manager is hired or if an existing one fails to complete the initial training satisfactorily, a replacement must be trained at the franchisee’s expense. This includes fees and associated travel costs.

Territory Protection

Vanguard Key Clubs offers its franchisees a Designated Territory within which no other Vanguard Key Clubs franchise or similar business will be established, provided the franchisee remains in compliance with their agreement.

This territory is clearly outlined in the franchise agreement using zip codes, landmarks, or geographic boundaries and aims to ensure sufficient population density for business success. However, if the franchise is located at a non-traditional site like a mall, airport, or military base, that specific location does not come with exclusive territorial rights.

Even within the Designated Territory, Vanguard Key Clubs retains significant operational freedoms. The franchisor reserves the right to distribute products or services through alternative methods such as online sales or catalog distribution that may reach customers within a franchisee’s area.

Competitors

Below are some of Vanguard Key Clubs's key competitors in the Gyms sector.

Vanguard Key Clubs

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$207,000 - $528,000
Revenue

?

Upgrade

Training Mate

Franchisees

?

3
+
200%
200%
Investment

?

$223,000 - $557,000
Revenue

?

Upgrade

RiseUp Fitness

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$234,000 - $359,000
Revenue

?

Upgrade

Pure Fitness

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$400,000 - $2,974,000
Revenue

?

Upgrade

Los Campeones

Franchisees

?

3
+
200%
200%
Investment

?

$297,000 - $2,551,000
Revenue

?

Upgrade

Iron 24

Franchisees

?

2
+
n.a.
n.a.
Investment

?

$201,000 - $481,000
Revenue

?

Upgrade

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