My-Alarm vs Security 101 Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My-Alarm vs Security 101 including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
My-Alarm Franchise
Security 101 Franchise
Investment $50,000$130,100 - $235,000
Franchise Fee N/A$59,500
Royalty Fee -6%-4%
Advertising Fee -0.5%
Year Founded -2003
Year Franchised -2007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
My-Alarm Franchise
Security 101 Franchise
Experience --

Financing Options

 
My-Alarm Franchise
Security 101 Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
My-Alarm Franchise
Security 101 Franchise
Training �Complete comprehensive training & ongoing support. �Free "on-demand" sales and training webinars for you and your customers. On-The-Job Training: 80 hours Classroom Training: 40 hours
Support �Lifetime warranty on active systems and equipment. �Free unlimited technical support for you and your customers. �Free Dealer web page hosted on the My-Alarm website. �Billing and collections for your customers.Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software
Marketing �Free unlimited Associate pages hosted for your marketing channels. �Free unlimited customized marketing materials on all products.Co-op Advertising Ad Templates Social media SEO Website development Email marketing
Operations MY-ALARM Bills Your Customer Monthly and Provides them with Lifetime Warranty and Technical Support.-

Expansion Plans

 
My-Alarm Franchise
Security 101 Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About My-Alarm

THIS IS NOT A FRANCHISE THIS IS A DEALERSHIP It's very easy to get on board as a MY-ALARM Dealer. If your specific market area is available, MY-ALARM has 3 basic requirements to start selling and earning. -Absolutely no pending, current or previous felonious convictions. -Complete the MY-ALARM required equipment training. (about 4 hours via on-line webinar) -Purchase , and activate service, at Dealer level pricing, at least three of our systems, any combination, (for training and demonstration). OPTION -A (select any combination of 3 systems) Simon XT Base System.. $378.00 My-See Video Camera...$194.00 GPS Tracking System....$189.00 Systems Activations....$75.00 Monthly Service $ 00.00* (Inclusive of) Training (for all 3 systems regardless of selection) Web Page & Set Up, Protected Market Territory, Lead Referrals. All Marketing Material & Support OPTION-B** We offer an equipment and service leasing option for less cash outlay. (this can be helpful with cash flow on new ventures). Our leasing option offers very lenient qualification guidelines. Terms are for 36 months and require $125.00 down and $125.00 per month. Dealer receives one each of all system types & 36 months of service is included. Using a Conservative Build-up of Adding One Additional Sale per Month for a 12 Month Period, Dealer's Monthly Profit Would Be In Excess of $1100.00 This does NOT include Payments made to Dealer (you)for Equipment sold.

About Security 101

As an industry professional specializing in sales, operations, or technical, you can count on Security 101® to provide you with the framework to operate your own integration company. You’ve made security your work. Now make it your business.

You bring the passion and we'll supply the training and support you need to build a Security 101® franchise in your locale. In fact, you’ll discover that many of our franchisees come from outside of the security industry. Will you be the next?

Veteran Incentives  10% off franchise fee


"Entrepreneur
#305 in Franchise 500 for 2020.