"Turnkey" Pronounce,Meaning And Examples

"Turnkey" Meaning

немуTurnkey refers to a project or business that can be taken over and operated immediately, with all necessary equipment, systems, and infrastructure already in place. It is often used to describe a property, such as a hotel or a restaurant, that is ready to be rented or purchased and started operating with minimal additional costs or effort.

In general, turnkey implies a low-risk, low-maintenance investment opportunity, where the essential groundwork has already been done, and the new owner or operator can focus on managing and profiting from the business as soon as possible.

"Turnkey" Examples

5 Usage Examples of the Word "turnkey"

1. Business Transaction

The company will provide a turnkey service, where they will not only design and build the store but also equip it with all necessary furniture and fixtures.

2. Investment

Investors are looking for turnkey properties that require minimal renovation and are ready for tenants.

3. Technology

The software company offers a turnkey IT solution for small businesses, including setup, configuration, and ongoing support.

4. Real Estate

The turnkey renovation of the apartment includes new flooring, countertops, and appliances, giving buyers a fully functional home.

5. Entertainment

The new movie theater features a turnkey system for screenings, allowing for multiple back-to-back showtimes without downtime for technicians.

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