| ||||
Updated RecentlyThe Flying Locksmiths vs Monster Tree Service Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of The Flying Locksmiths vs Monster Tree Service including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $182,596 - $428,396 | $397,435 - $550,226 |
| Franchise Fee | $75,000 - $300,000 | $49,500 |
| Royalty Fee | 8% | 6.5% down to 5% after $1M in sales |
| Advertising Fee | - | - |
| Year Founded | 1984 | 2008 |
| Year Franchised | 2015 | 2008 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/Yes | -/- |
| Start-up Costs | -/Yes | -/- |
| Equipment | -/Yes | -/- |
| Inventory | -/Yes | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | On-The-Job Training: 40 hours Classroom Training: 40 hours | A Monster Tree Service® franchise includes two full weeks of initial training, with one week of classroom and hands-on training in Fort Washington, Pennsylvania, followed by another full week of personal, onsite training at your location. Training continues throughout your term with ongoing education programs and regular onsite support by Certified Arborists with decades of experience. At Monster Tree Service®, we offer the highest level of initial and ongoing training in the industry. We know that eliminating the trial and error period with a proven system for making money gives you the highest probability of success in the shortest amount of time. Training sessions conducted by our professional staff, each an expert in their field who will also teach you: Safety and Equipment Usage Public and Employee Relations Budgeting and Business Planning Supplies and Purchasing Bookkeeping and Financial Controls Advertising and Sales Strategies Operations and Daily Management Computer and Internet The success of your business is our business. And it starts right here. |
| Support | 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 | To make sure the launch of your new business goes smoothly, after initial training our Certified Arborist, Field Operations and Safety Manager will be with you for a week, onsite at your location. You’ll get personal, one-on-one assistance with hiring, sales, equipment, scheduling and more, followed by quarterly Field Support from then on. As a Monster Tree Service® franchise owner, you’ll have the right to purchase our exclusive nationally recognized and branded marketing products as well as equipment, vehicles, and software, internet and email marketing services, Plant Health Care (PHC) material and more, all at discounted National Account prices. The savings we obtain through these programs are passed directly to you, and will not only offset the low royalty fee, they will also give you a competitive edge in the marketplace. UNLIMITED PHONE, WEB & EMAIL SUPPORT |
| Marketing | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app | From the moment you launch your new Monster Tree Service® franchise, you’ll have the advantage of our time-tested-state-of-the-art-revenue-producing marketing material with a Grand Opening and ongoing advertising campaign that will set you worlds apart from the competition. It’s hard to compete with Monstrous Marketing. |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 2 - 6 | - |
Expansion Plans |
||
| US Expansion | Yes | - |
| Canada Expansion | Yes | - |
| International Expansion | - | - |
Company Overviews
About The Flying Locksmiths
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.
Veteran Incentives 5% off franchise fee
!["Entrepreneur]("https://d3fg11dgb68kbp.cloudfront.net/assets/photos/franchise-badge-22686037fc120ba1bd59c2c9fd6e0fbf.png"){kind=icon}
About Monster Tree Service
Does Money REALLY GROW ON TREES?
Established in 2008, Monster Tree Service® has quickly become the most trusted, successful and recognized tree service franchise in the nation. We’re a national brand with local experts. Monster Tree Service® is a home-based franchise opportunity that offers:
- Multiple Revenue Streams
- High Repeat Sales
- Great Profit Margins
- Scalable Growth
- Normal Hours
Monster Tree Service® is looking for financially qualified, motivated professionals to continue our success in the $17 billion Tree Care Industry.
Franchise fee: 1 franchise - $49,500 2 franchises - $89,500 3 franchises - $124,500 4 franchises - $154,500 Each additional franchise - $30,0000
VetFran program to veterans of the United States Armed Forces and their spouses, - discount the Initial Franchise Fee by 10%.