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Updated RecentlyMy-Alarm Cost Comparisons
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.
Security Services Franchise Opportunities
Below is a quick comparison of My-Alarm against other Security Services franchises and business opportunities. For an in depth comparison of My-Alarm with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
| Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
| ANV Video Alarm Services Inc. | $25,000 | 5% | 2% | $50,000 |
| Direct Link/Home Helpers | $39,900 | $97,100-$139,250 | ||
| EYESthere | N/A | $187,000-$295,000 | ||
| EZ Finger Prints | $20,000 | 6% | 4% | $48,110-$57,250 |
| MonitorClosely.com | $20,000 | 8% | 2% | $45,000-$60,000 |
| Security 101 | $59,500 | 6%-4% | 0.5% | $130,100-$235,000 |
| SightMind | $60,000 | 8% | $210,395-$374,800 | |
| Signal 88 Security | $50,000-$150,000 | 4% | 5% | $59,200-$223,150 |
Home Security Services Franchise Opportunities
Below is a quick comparison of My-Alarm against other Home Security Services franchises and business opportunities. For an in depth comparison of My-Alarm with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
| Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
| 1st Signature Alert | N/A | $25,000-$100,000 | ||
| Eye On Your Home | $25,000 | $250 per month - $350 per month | $100 per month | $27,550-$37,550 |
| EYESthere | N/A | $187,000-$295,000 | ||
| Hawkeye's Home Sitters | $4,000-$8,000 | 4% | $5,000-$10,000 | |
| MonitorClosely.com | $20,000 | 8% | 2% | $45,000-$60,000 |
| Pop-A-Lock | $15,500 | 7% | 1% | $96,904-$130,313 |
| Shield Security Systems | $40,000 | 5% | 1%+10%local | $74,275-$125,500 |
| Signature Alert Security | $10,000-$19,000 | 10% | $22,000-$42,000 | |
| Sonitrol | $20,000-$50,000 | 2.5% | $148,000-$474,000 | |
| Veterans Home Security | N/A | $87,000-$298,000 |