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Below is an in-depth analysis and side-by-side comparison of The Microwave Program 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 | $191 - And Up | $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 |
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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 | - | 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 |
Canada Expansion | - | Yes |
International Expansion | - | - |
NO LONGER FRANCHISING
Don't Have Room For A Full Deli?
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Microwave Program
When the customer purchases the commercial style microwave, Item# 954552 for $191.02, he will get the following products worth $177.00 at cost. This equates to $275.00 at retail with a 36% markup.
Pride Of Iowa
1 - #417300 Cheeseburger PP $1.00
1 - #417304 Ham & Cheese PP $1.00
1 - #417308 Junior Sub PP $1.00
1 - #417310 Chicken Cheese PP $1.00
1 - #417318 Twin Chili Dog PP $1.79
Dandee Foods
1 - #417370 Meat Trio Butcher Wrap Sandwich
1 - #417353 Sausage, Egg, Cheese Toasted
1 - #417345 Microwave Hot Dog
Hot Pockets
1 - #415635 Pizza Pocket
1 - #415630 Ham & Cheese
1 - #415635 Pepperoni Pizza
1 - #415638 Philly Steak
Golden Valley Popcorn
1 - #109143 Act II Butter Popcorn
1 - # 98102 Act II Counter Rack
Note: There are no substitutions. The customer must receive all of the products listed for program to be activated.
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.