The Flying Locksmiths vs Next Day Access Franchise Comparison

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

Start-Up Costs and Fees
 
The Flying Locksmiths Franchise
Next Day Access Franchise
Investment $182,596 - $428,396$103,025 - $135,200
Franchise Fee $75,000 - $300,000$48,000
Royalty Fee 8%-
Advertising Fee --
Year Founded 1984-
Year Franchised 2015-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
The Flying Locksmiths Franchise
Next Day Access Franchise
Experience --

Financing Options
 
The Flying Locksmiths Franchise
Next Day Access Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
The Flying Locksmiths Franchise
Next Day Access 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
 
The Flying Locksmiths Franchise
Next Day Access Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion --

Company Overviews

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.



About Next Day Access

"Next
Whole Home, Whole Life Approach to Accessible Living!
Next Day Access proudly sells, delivers, and installs a wide range of home accessibility products, including wheelchair ramps, commercial ramps, stair lifts, grab bars, residential elevators, porch lifts, vehicles lifts, and more.

With every family that we meet, there is a story. Our service begins with YOUR story.
Who you are and how you spend your day are the cornerstone questions that allow
Next Day Access to deliver a “whole home, whole life” plan for your accessibility solution.
Whole home means we can address each area of your home and recommend a professional accessibility solution
that will allow you the freedom and independence to enjoy every level of your home.
Whole life means we can adapt your home to fit the needs you have today and for a lifetime, as well as meet the demands of your unique life story.
Providing you with a turnkey solution that allows you to stay in your home longer is our way of helping you solve the puzzle.