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Updated RecentlyThe Flying Locksmiths Franchise
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
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How much does it cost to open a The Flying Locksmiths Franchise?
The investment required to open a The Flying Locksmiths Franchise is between $182,596-$428,396. There is an initial franchise fee of $75,000-$300,000 which grants you the license to run a business under the The Flying Locksmiths name.
Individual Unit Costs
- Initial Investment:
$182,596-$428,396 - Initial Franchise Fee:
$75,000-$300,000 - Royalty Fee:
8% - Advertising Fee:
N/A
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When did The Flying Locksmiths start Franchising? 2015
United States: Nationwide
Canada: Nationwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | N/A | Yes |
| Startup Costs | N/A | Yes |
| Equipment | N/A | Yes |
| Inventory | N/A | Yes |
| Accounts Receivable | N/A | N/A |
| Payroll | N/A | N/A |
Training
On-The-Job Training: 40 hours
Classroom Training: 40 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
Marketing
Ad Templates
National Media
Social media
SEO
Website development
Email marketing
Loyalty program/app
Absentee Ownership Allowed Number of Employees Required to Run: 2 - 6
To calculate how much income a franchise owner can do at The Flying Locksmiths Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
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Legal Disclaimer: This information is not a franchise offering for The Flying Locksmiths and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a The Flying Locksmiths franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
The Flying Locksmiths
100 Grossman Drive, Suite 305
Braintree,
MA
02184