|
Below is an in-depth analysis and side-by-side comparison of Fence Dynamics vs The Flying Locksmiths including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $110,900 - $154,100 | $182,596 - $428,396 |
Franchise Fee | $30,000 | $75,000 - $300,000 |
Royalty Fee | 6% | 8% |
Advertising Fee | 2%Nat'l+2% Local | - |
Year Founded | 2005 | 1984 |
Year Franchised | 2015 | 2015 |
Term Of Agreement | 5 years +5+5+5+5 | - |
Term Of Agreement | 5 years +5+5+5+5 | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/Yes |
Start-up Costs | No/No | -/Yes |
Equipment | No/No | -/Yes |
Inventory | No/No | -/Yes |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | Complete Fence Franchisee Training for you and your crew, both classroom and on-the-job, and both before your business operations have begun and as you initiate operations in your territory. | On-The-Job Training: 40 hours Classroom Training: 40 hours |
Support | Site Selection: we can provide review and guidance as you select the right office, showroom, and warehouse space for your local business. Operational Details: we will provide you with a copy of our exclusive, confidential manuals and documentation, to guide your daily operations. Easy Access to Products: from top-line products from approved vendors to our own exclusive Pro D fencing solutions, you can offer a full range of fencing options to your local clients. | 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 | Marketing Assistance: we'll help with Grand Opening and ongoing marketing, to help ensure your fence franchise is recognized in your market as the go-to option for all fencing needs. | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
Operations |
Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 6 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
International Expansion | No | - |
As home improvement trends continue to see positive momentum, and with U.S. demand for fencing expected to reach $9 billion by 20181 , Fence Dynamics is strategically positioned and committed to providing clients the best fencing services across the country ...and providing franchise owners with the product selection, training, and tools they need to build a compelling business.
With a broad client base that includes residential homeowners, do-it-yourself installers, and commercial accounts, Fence Dynamics has all the professional grade fencing products and solutions your clients require.
Plus, our fence installation franchise business model is flexible and scalable, with streamlined labor and inventory requirements, meaning you can keep costs under control as you grow your business.
Best of all, as you follow the Fence Dynamics system, you will have the full support of an experienced, professional team that is committed to helping you build your local fence installation franchise and begin reaping increased business opportunities in the market.
To learn more about the Fence Dynamics' franchise program, visit our Frequently Asked Questions page, request more information, or contact us at (941) 697-4448 or [email protected]
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.