The Flying Locksmiths vs iTRIPVACATIONS Franchise Comparison

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

Start-Up Costs and Fees
 
The Flying Locksmiths Franchise
iTRIPVACATIONS Franchise
Investment $182,596 - $428,396$107,070 - $145,875
Franchise Fee $75,000 - $300,000$30,000
Royalty Fee 8%5%
Advertising Fee --
Year Founded 19842008
Year Franchised 20152015
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
The Flying Locksmiths Franchise
iTRIPVACATIONS Franchise
Experience --

Financing Options
 
The Flying Locksmiths Franchise
iTRIPVACATIONS Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
The Flying Locksmiths Franchise
iTRIPVACATIONS Franchise
Training On-The-Job Training: 40 hours Classroom Training: 40 hours On-The-Job Training: 28 hours Classroom Training: 21 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 Newsletter Meetings/Conventions Grand Opening Online Support Proprietary Software Franchisee Intranet Platform
Marketing Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations Absentee Ownership Allowed Number of Employees Required to Run: 2 - 6-

Expansion Plans
 
The Flying Locksmiths Franchise
iTRIPVACATIONS Franchise
US Expansion YesYes
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 iTRIPVACATIONS

Vacationers and business travelers alike are choosing private accommodations over hotels with increasing frequency, and that trend shows no sign of slowing down. This means now is the perfect time to start your own property management business with iTrip. At iTrip Vacations, we are industry leaders; partnering with over 80 national and international listing sites including Airbnb, Vrbo, HouseTrip, Trip Advisor, and Expedia. In addition, our public relations team writes blogs, creates social posts, and organizes digital marketing campaigns to drive prospective Rental Guests to the listings of our franchisees.