Concrete Technology Inc. vs The Flying Locksmiths Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Concrete Technology Inc. vs The Flying Locksmiths including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Concrete Technology Inc. Franchise
The Flying Locksmiths Franchise
Investment $5,000 - $40,000$182,596 - $428,396
Franchise Fee N/A$75,000 - $300,000
Royalty Fee 08%
Advertising Fee 0-
Year Founded 19911984
Year Franchised 02015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Concrete Technology Inc. Franchise
The Flying Locksmiths Franchise
Experience --

Financing Options

 
Concrete Technology Inc. Franchise
The Flying Locksmiths Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Concrete Technology Inc. Franchise
The Flying Locksmiths Franchise
Training

CTi's New Dealer Training is designed to give you all the tools you need to start making money fast. Our intensive two-day training seminar covers our Hallmark, Acrylistain, Durafleck and interior systems so you know how to show customers applications for any situation.

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

Expansion Plans

 
Concrete Technology Inc. Franchise
The Flying Locksmiths Franchise
US Expansion YesYes
Canada Expansion -Yes
International Expansion Yes-

Company Overviews

About Concrete Technology Inc.

CTI manufactures one of the most beautiful, versatile, and fastest growing products on the market today. Founded in 1991, CTI has seen over 700% growth since opening its doors in the Tampa Bay area in Florida. CTI has been in the INC 500 list of the fastest growing, privately held companies in the U.S. today. CTI has been listed in the Maddux report's Fast 50 and Deloitte and Touche's Technology 500. CTI has a network located throughout the United States as well as in 22 foreign countries and is comprised of the most successful business people in the U.S. today. CTI's success has come from educating high quality business people on the intricacies of starting a business in the multi-billion dollar industry of concrete restoration and beautification. CTI then supports these Dealers with 24 hour a day technical support, a proven marketing plan, and ongoing training.

About The Flying 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
"Entrepreneur
#190 in Franchise 500 for 2020.
#341 in Franchise 500 for 2021.