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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 |
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Investment | $5,000 - $40,000 | $182,596 - $428,396 |
Franchise Fee | N/A | $75,000 - $300,000 |
Royalty Fee | 0 | 8% |
Advertising Fee | 0 | - |
Year Founded | 1991 | 1984 |
Year Franchised | 0 | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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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 |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | Yes | - |
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.
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.