Franchise Summary
Description
The franchised business being offered is FlyLock Security Solutions, a business that provides locksmith and security services and products, including doors, video cameras, and access control, for commercial and residential customers.
Company Background
The Flying Locksmiths is the go-to locksmith in San Diego. We provide locksmith and security services to commercial, residential, and automotive customers. Our team of experts are available 24 hours a day, 7 days a week for all your needs including: door installation/rekeying, video cameras/surveillance systems, access control solutions (including card readers), keyless entry system installation & programming.
Franchise Opportunity
When you're locked out of your car, or you can't get into your office, it's a major emergency. You don't have time to wait around for a locksmith to show up- you need help now. The Flying Locksmiths provides 24/7 emergency locksmith services so that you can get back to your life as quickly as possible. We also offer a wide range of security products and services so that you can feel safe and secure in your home or office.
Corporate Structure
The franchisor is TFL Franchise Systems, LLC, a Massachusetts limited liability company formed on January 1, 2015, with its principal business address at 859 Willard Street, Suite 100, Quincy, Massachusetts 02169.
Earnings Transparency
This Franchise discloses far more 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. Maintenance & Repairs Industry$547,758 / unit
Franchise Type: Standard
Average Revenue During 2021
Franchise Types Available
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Employee Contact Database
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Distribution of The Flying Locksmiths Franchisees
The Flying Locksmiths Franchise System Development in 2024
FAQ
How much investment do I need to start my own The Flying Locksmiths business?
Franchisees typically require at least $146,741 to $397,595 investment to get their The Flying Locksmiths business started
What are the initial franchise fees for The Flying Locksmiths?
Franchisees typically need to pay at least $86,000 in fees directly to The Flying Locksmiths in order to earn the right to launch their business
How much money can I make with a The Flying Locksmiths franchise? What are
the average revenues for a typical The Flying Locksmiths business?
We estimate that the average revenue of an individual
The Flying Locksmiths unit is approximately
$547,758. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a The Flying Locksmiths unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$146,741 to $397,595
which is
Much Higher
than the $0 to $0 average in the Maintenance & Repairs 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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