Security 101
Professional Services Security related servicesCompany Information
Address
1450 Centrepark Boulevard, Suite 210West Palm Beach, Florida 33401
Website
Tel
Email
Franchise Summary
Description
The franchise offered is for the operation of a commercial security businessthat will provide sales, engineering, installation and monitoring of electronic access control; closed circuit television; and intrusion detection systems for commercial enterprises under the name "SECURITY 101. "
Company Background
SECURITY 101 is the industry leader in security for commercial enterprises. With over 50 years of experience, we provide sales engineering installation and monitoring of electronic access control; closed circuit television; and intrusion detection systems for commercial enterprises under the name "SECURITY 101(R)." We serve customers across North America.
Franchise Opportunity
The security industry is booming, yet most people are still not protected. There are a lot of companies that offer security systems, but they all have one thing in common - high costs and complicated contracts. You need to spend thousands of dollars on equipment and you'll be locked into long-term contracts with very high cancellation fees. SECURITY 101 offers affordable monthly monitoring plans for businesses of any size at $25 per month for up to 10 doors or $35 per month for unlimited access control points (doors). We also provide 24/7 customer service by phone, email and live chat so you can get help whenever you need it. Our pricing model makes our services more accessible than ever before!
Corporate Structure
Security Franchisors, LLC is a Georgia Limited Liability Company organized on July 2, 2007. They have offered franchises since December 10, 2007. Their principal place of business is at 2465 Mercer Avenue, Suite 101, West Palm Beach, Florida 33401.
Royalties and Marketing Fees
Royalties : Ranges from 4% to 6% of Gross Billings. Monthly Minimum Payment requirement ranging from $2,000 to $8,000 begins on the 13th month following the opening date of your Commercial Security Business.
Royalties : 0.5% of your monthly Gross Billings
Royalties : 2% of your monthly Gross Billings on local advertising and marketing.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Security related services Industry$2,552,266 / unit
Franchise Type: Standard
Average Revenue During 2020
Franchise Types Available
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Employee Contact Database
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Distribution of Security 101 Franchisees
Security 101 Franchise System Development in 2021
FAQ
How much investment do I need to start my own Security 101 business?
Franchisees typically require at least $130 to $235 investment to get their Security 101 business started
What are the initial franchise fees for Security 101?
Franchisees typically need to pay at least $59 in fees directly to Security 101 in order to earn the right to launch their business
How much money can I make with a Security 101 franchise? What are
the average revenues for a typical Security 101 business?
We estimate that the average revenue of an individual
Security 101 unit is approximately
$2,552,266. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Security 101 unit? What
is my contractual commitment?
Security 101 franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$130,100 to $235,000
which is
Much Higher
than the $0 to $0 average in the Security related services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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