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Below is an in-depth analysis and side-by-side comparison of The Hobby Quest vs The Flying Locksmiths including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $6,000 | $182,596 - $428,396 |
Franchise Fee | N/A | $75,000 - $300,000 |
Royalty Fee | - | 8% |
Advertising Fee | - | - |
Year Founded | - | 1984 |
Year Franchised | - | 2015 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/Yes |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | *On site training - Unlike most franchises which require you to come to their location for training, THQ will come to your location and train you after our initial meet & greet in New York City. *Instructor training - We will train your employees and instructors. But, if you think you can handle the job after we train you then it's all yours! Whatever makes life easier for you. | On-The-Job Training: 40 hours Classroom Training: 40 hours |
Support | *We will provide you with all the logistical documentation, software and supplies that you need to get started. *Based on the successful model we currently use in our home region, we will provide you with the same plan that made us successful. *Equipment purchasing - We will come to your location and assist you in purchasing and setting up your equipment, office supplies and computer software. *Inventory purchasing - We produce and manufacture our own products for our programs and will make your inventory control easy, fast and inexpensive. | Ongoing 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 | Brochures, business cards, folders, presentations and more are always at your disposal. | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 6 |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
The Hobby Quest FUNchise Turnkey Solution What makes a FUNchise fun? It's no different then franchise but without paying the franchise fee. There are no burgers to flip, your business will be education and hobbies with children. Is it starting to sound fun yet? Your path to owning your own business: The Hobby Quest, or "THQ" as we've been called, will be with you throughout the entire process of developing your business and then continue to stay with you after you're up and running. We provide the following to you without a franchise fee: Partnership - The Hobby Quest will be your business partner. We do not just supply you with a bunch of manuals and send you on your way, we stay with you and work together to make your business successful, together. Your own region - We will supply you with your own region which will give you plenty of opportunity for expansion and growth. No other THQ regional owner can sell into your region. School/Partner relationships - We will provide you with leads and access to many resources to help you sell. The Hobby Quest programs can be found in Schools, Museums, Community Centers, Camps, Retirement Centers, Homes and many other locations. You will be able to offer all of our products with your FUNchise. Our programs are proven, successful and in high demand. You can run your business from home or setup your own store front if you choose. Either way we will work together to be successful for you economically and for the children that reap the benefits of the program. Fact: The average franchise startup costs in the USA is approximately $150,000. How would you like to start up your own FUNchise for about $6,000? We don't make a penny from your initial investment. All initial investments go towards your FUNchise and only your FUNchise. Fact: The average franchise owner has to wait over a year until they are cash flow positive. As a THQ FUNchise owner you can easily be cash flow positive in just weeks after your program begins. The reason, no initial franchise fee investment, which typically costs 10's of thousands of dollars. If you are interested in owning a proven, profitable FUNchise opportunity, please call Boaz Givon today, at 201-532-4392.
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.