Systems Paving vs The Flying Locksmiths Franchise Comparison

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

Start-Up Costs and Fees
 
Systems Paving Franchise
The Flying Locksmiths Franchise
Investment $39,950 - $120,800$182,596 - $428,396
Franchise Fee $14,800 - $17,800$75,000 - $300,000
Royalty Fee 6%8%
Advertising Fee 2%-
Year Founded 19921984
Year Franchised 20012015
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $500-


Business Experience Requirements
 
Systems Paving Franchise
The Flying Locksmiths Franchise
Experience

*Strong business acumen *Ability to motivate and lead a team *Positive "can do" attitude *Sales experience preferable *No construction experience necessary

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Financing Options
 
Systems Paving Franchise
The Flying Locksmiths Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/Yes
Start-up Costs No/No-/Yes
Equipment No/No-/Yes
Inventory No/No-/Yes
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Systems Paving Franchise
The Flying Locksmiths Franchise
Training

2 weeks of comprehensive training at our California home office for you and your key employees. Once you return home, we provide continued support, including field training at your location. Training includes: *Business planning *Marketing planning and strategies *Sales consultation *Installation training *Best practices

 On-The-Job Training: 40 hours Classroom Training: 40 hours
Support Newsletter, Meetings, Toll-free phone line, InternetOngoing 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 Co-op advertising, National media, Regional advertisingAd Templates National Media Social media SEO Website development Email marketing Loyalty program/app
Operations Franchise can be run from home.

0% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 5 - 15

Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

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

Expansion Plans
 
Systems Paving Franchise
The Flying Locksmiths Franchise
US Expansion YesYes
Canada Expansion NoYes
International Expansion No-

Company Overviews

About Systems Paving

Established in 1992, Systems Paving, Inc. combined the unique talents and experience of Larry Green and Doug Lueck. With over 55 years of experience, we have a lot of important lessons to share. We know what it's like to be your own boss, and we know what it takes. We are extremely passionate about our business and want people who are interested in sharing that passion. Our success relies on a proven, detailed process. We've done our homework to pave the way. From business training and major marketing support to our proprietary technology, we give you all the tools you need. This process makes a Systems Paving franchise simple for you, satisfying for homeowners and successful for everyone.

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.