The Flying Locksmiths Franchise

Locksmiths

The Flying Locksmiths has been in business for over 70 years. Our experience and business education are two of the main components that create the framework of The Flying Locksmiths leadership team. It began with William McMenimon Sr., working out of his Jeep with one key machine in 1946. He was training to become a pilot and working as a locksmith, hence the reason for the unusual name. He opened a small key shop in Boston and later moved to the nearby suburb of Randolph, where the storefront is still located 30 years later. When William retired, he passed the business down to his sons; Barry and Brad, who expanded the company into the highly recognizable business it is today! Barry s sons, Brett and Barry P, have also joined the leadership team, infusing the well-established family business, with the convenience of modern technology.The combination of generations has created a blend of old school ideals and new age tech, resulting in a mix that offers the newest products with a friendly neighborly smile. The mission of the company is simple: provide top of the line security, utilizing all means of communication, while staying true to family values.Veteran Incentives 5% off franchise fee#190 in Franchise 500 for 2020.#341 in Franchise 500 for 2021.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of The Flying Locksmiths, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official The Flying Locksmiths website.

How much does it cost to open a The Flying Locksmiths Franchise ?

The investment required to open a The Flying Locksmiths Franchise is between $182,596 - $428,396 . There is an initial franchise fee of $75,000 -$300,000 which grants you the license to run a business under the The Flying Locksmiths name.

Individual Franchise Costs

  • Initial Investment:
    $182,596 -
  • Initial Franchise Fee:
    $75,000 - $300,000
  • Royalty Fee:
    8%

Expense In-House Third Party
Franchise Fee N/A Yes
Startup Costs N/A Yes
Equipment N/A Yes
Inventory N/A Yes
Accounts Receivable N/A N/A
Payroll N/A N/A

Training
On-The-Job Training: 40 hours Classroom Training: 40 hours

Support
Ongoing Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform

Marketing
Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app

The Flying Locksmiths Growth History

When did the first The Flying Locksmiths open? 1984
When did The Flying Locksmiths start Franchising ? 2015

Absentee Ownership Allowed Number of Employees Required to Run: 2 - 6

Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory



How much money you could make as a The Flying Locksmiths Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a The Flying Locksmiths Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$75,000 - $428,396
Initial Franchise Fee
$75,000 - $300,000
Royalty Fee
8%
The Flying Locksmiths Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for The Flying Locksmiths and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a The Flying Locksmiths franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.