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Below is an in-depth analysis and side-by-side comparison of Pop-A-Lock vs MonitorClosely.com including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $96,904 - $130,313 | $45,000 - $60,000 |
Franchise Fee | $15,500 | $20,000 |
Royalty Fee | 7% | 8% |
Advertising Fee | 1% | 2% |
Year Founded | 1991 | 2006 |
Year Franchised | 1994 | 2006 |
Term Of Agreement | 10 years | 5 years |
Term Of Agreement | 10 years | 5 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/Yes | Yes/No |
Start-up Costs | No/Yes | No/No |
Equipment | Yes/Yes | No/Yes |
Inventory | Yes/Yes | No/No |
Receivables | Yes/Yes | No/No |
Payroll | Yes/Yes | No/No |
Training & Support |
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Training | On-The-Job Training: 40 hours Classroom Training: 28 hours Additional Training: Tech/employee training | - |
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 Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | 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 | No | No |
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.
MonitorClosely.com is a home-based business with tremendous earnings potential. With the advancements in digital technology, the quality of surveillance systems has significantly improved while the cost of equipment has continuously decreased. With the availability of hi-speed ISPs and personal computers both at the home and office, it is now possible to monitor surveillance cameras from anywhere at anytime. The customer base is unlimited and includes; day care centers, schools, assisted living facilities, any retail business, apartment complexes, multi-unit fast food restaurants, hotels, private residences and much more. In addition to marketing digital surveillance systems (at highly competitive prices), our franchisees offer a very affordable Internet-based subscription service to access our surveillance systems via our host website, MonitorClosely.com. For example, a day care center can advertise, as an added service, viewing of their customers' children via the Internet so that a working mother can watch her baby sleeping, eating or playing. The day care center will then have a competitive advantage by featuring enhanced security with digital recording, better employee productivity, a strong deterrent for inappropriate behavior and, perhaps most appealing, an additional source of income with our company's Multi-user Pricing PlanSM. The three most exciting components of the MonitorClosely.com franchise are: Residual monthly income No inventory to maintain No employees to manage Get in the business - no excuses!