The Flying Locksmiths vs NextGen Great Sealcoating Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Flying Locksmiths vs NextGen Great Sealcoating including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
The Flying Locksmiths Franchise
NextGen Great Sealcoating Franchise
Investment $182,596 - $428,396$72,850 - $179,100
Franchise Fee $75,000 - $300,000$15,000
Royalty Fee 8%7.5%
Advertising Fee -1%
Year Founded 19842005
Year Franchised 20152018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
The Flying Locksmiths Franchise
NextGen Great Sealcoating Franchise
Experience --

Financing Options

 
The Flying Locksmiths Franchise
NextGen Great Sealcoating Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/Yes
Start-up Costs -/Yes-/Yes
Equipment -/YesYes/-
Inventory -/YesYes/-
Receivables -/--/No
Payroll -/--/Yes

Training & Support

 
The Flying Locksmiths Franchise
NextGen Great Sealcoating Franchise
Training On-The-Job Training: 40 hours Classroom Training: 40 hours On-The-Job Training: 33 hours Classroom Training: 10.5 hours
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 Ongoing Support Purchasing Co-ops Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/appCo-op Advertising Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Absentee Ownership Allowed Number of Employees Required to Run: 2 - 6 Absentee Ownership Allowed Number of Employees Required to Run: 2

Expansion Plans

 
The Flying Locksmiths Franchise
NextGen Great Sealcoating Franchise
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
#190 in Franchise 500 for 2020.
#341 in Franchise 500 for 2021.



About NextGen Great Sealcoating

"NextGen

NextGen Great Sealcoating is committed to providing you with the highest quality driveway sealcoating & repair service, using the highest quality products available. We staff courteous and professional people whose goal is to deliver outstanding results and ensure your satisfaction.
Seeking new franchise units in the following regions/states:
Delaware, Maryland, New Jersey, New York, Pennsylvania

Veteran Incentives  20% off franchise fee