Financial Terms
Cash Investment (Liquid): $100000
Minimum Investment: $125346
Maximum Investment: $426396
Minimum Net Worth:
$200000
Franchise Fee: $75000
Business Type
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Office Space
B2B/B2C
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B2B
Discounts
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Vet Fran
Average # of Employees:
2 to start
Participation Type:
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Owner-Operator
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Executive Model
Background
Year Established:
1946
The Flying locksmiths
The Flying Locksmiths Inc, is an all-inclusive security provider. They encompass services ranging from antique locks and keys, all the way to card access systems, full door replacements, panic devices, door closers and fully integrated master key systems. They pride themselves in their ability to provide incredibly fast service, while maintaining a friendly-family like atmosphere. They consider their company to be a blend of old school ideals, and new age technology, resulting in a mix that offers the latest and best tech with a friendly neighborly smile.
The Flying Locksmith’s (TFL) is a white collar business management franchise opportunity in an industry that has been fragmented for decades with “Mom & Pop” operators. This is a VERY low overhead with small office space, mobile van service business. Franchisee manages the business, doesn’t work “in the business”. The Locksmith industry in the U.S. generates $2 billion of revenue annually. The door system market is over $25 billion annually.
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Low startup costs
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Low overhead
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Low employee headcount
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High profit margins
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B2B
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Fragmented industry
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Large national accounts portfolio
Their franchise model is adaptable as an owner operator model (not working in the van), transitional model from another career, or straight ROI model with general manager in place running day to day. They are seeking prospects looking to scale and manage a business versus working in the field. They have a national call center that manages all prospective customer inquiries through a toll free number. They will then educate the customer about their services, give an estimate when appropriate, schedule the job, and route the job through the centralized call center.
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