Applied Energy Partners vs The Flying Locksmiths Franchise Comparison

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

Start-Up Costs and Fees
 
Applied Energy Partners Franchise
The Flying Locksmiths Franchise
Investment N/A$182,596 - $428,396
Franchise Fee N/A$75,000 - $300,000
Royalty Fee -8%
Advertising Fee --
Year Founded -1984
Year Franchised -2015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Applied Energy Partners Franchise
The Flying Locksmiths Franchise
Experience --

Financing Options
 
Applied Energy Partners 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
 
Applied Energy Partners Franchise
The Flying Locksmiths Franchise
Training - 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
 
Applied Energy Partners Franchise
The Flying Locksmiths Franchise
US Expansion -Yes
Canada Expansion -Yes
International Expansion --

Company Overviews

About Applied Energy Partners

Applied Energy Partners provides comprehensive energy management services to government, commercial and industrial customers in 18 deregulated states (electricity) and 48 states for gas and green power. Our services include reducing energy consumption, buying energy with maximum competition, and ‘going green' with minimal cost/risk. Our Partners build long-term revenues by leveraging previous business relationships and adding new ones.

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.