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Below is an in-depth analysis and side-by-side comparison of Sonitrol vs Pop-A-Lock including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $148,000 - $474,000 | $96,904 - $130,313 |
Franchise Fee | $20,000 - $50,000 | $15,500 |
Royalty Fee | 2.5% | 7% |
Advertising Fee | - | 1% |
Year Founded | 1964 | 1991 |
Year Franchised | 1965 | 1994 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 years |
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 | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | Yes/Yes |
Inventory | No/No | Yes/Yes |
Receivables | No/No | Yes/Yes |
Payroll | No/No | Yes/Yes |
Training & Support |
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Training | - | On-The-Job Training: 40 hours Classroom Training: 28 hours Additional Training: Tech/employee training |
Support | Newsletter, Meetings, Internet, Field operations/evaluations, Purchasing cooperatives | 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 slicks | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 3 - 10 |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Robert Baxter originally founded Sonitrol in 1960 as a company that would incorporate his various sound-related inventions. Everything changed when police officer and alarm company owner Al Cronk hired Baxter to manage his company's equipment. Baxter's innovations proved so successful that Sonitrol soon evolved from an invention company into a security franchise opportunity in 1965. A subsidiary of Tyco International Ltd., the Sonitrol Network has franchisees in the United States, Canada and the United Kingdom.
Your key to accomplishment: a Pop-A-Lock foundation of your own. We are hunting down qualified franchisees for far reaching and direct measured select areas, around the globe. Essentially none of our franchisees had any past "industry specific" experience. At this moment is a perfect chance to start your own particular Pop-A-Lock locksmith foundation and end up being a bit of our remarkably viable gathering. We invite you to research the potential results and endeavor our invigorating foundation business openings.
Pop-A-Lock is the biggest system of security experts in North America - in more than 8,900 groups. The organization and its field accomplices offer an entire scope of locksmith administrations for car, private and business customers, and also industry driving security establishment and repair for private, business and legislative situations. Through our "Buddy Saves Kids" program, we have spared more than 350,000 youngsters, from bolted vehicles, since 1991. This activity never charges families whose kids we spared. We have won many National Awards for greatness and administration.