FlyLock Security Solutions Franchise Review
FlyLock Security Solutions is graded based on our most recent research.
Franchise Facts
FlyLock Security Solutions specializes in commercial locksmith and physical security solutions, offering access control, door hardware, and related services to businesses and organizations.How much does a FlyLock Security Solutions franchise cost?
FlyLock Security Solutions has a franchise fee of up to $75,000, with a total initial investment range of $150,514 to $395,514.- Initial Franchise Fee: $75,000
- Total Investment: $150,514 to $395,514
- Working Capital: $35,000 to $50,000
- Royalty Fee: 8.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a FlyLock Security Solutions franchise make?
As with any business, profits from a FlyLock Security Solutions franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise.How many franchise locations do they have?
As of the 2024 Franchise Disclosure Document, there are 92 franchised FlyLock Security Solutions locations in the USA.Are there any FlyLock Security Solutions franchise opportunities near me?
Based on 2024 FDD data, FlyLock Security Solutions has franchise locations in 30 states. The largest region is the South with 43 franchise locations.AL
AZ
CA
CO
CT
FL
GA
IL
IN
KY
LA
MA
MD
MI
MN
MO
NC
NJ
NV
NY
OH
OK
OR
PA
SC
TN
TX
VA
WA
WI
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2024
Category: Security
FlyLock Security Solutions Franchise Stats
Total Investment
$150,514 - $395,514
Franchise Fee
$75,000
Franchise Agreement
Initial Term
10 Years
10 Years
Renewal Term
N/A
N/A
Franchisee Outlet Growth
2014
0
0
2023
92
92
Ongoing Fees
Royalty
8.0%
8.0%
Ad Fees
N/A
N/A
# of Franchised Outlets
92
Additional Questions
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 68 hours. This includes 30 hours of classroom training and 38 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.| Online | 0 |
|---|---|
| On-the-Job | 38 |
| Classroom | 30 |
| Total | 68 |
Do they offer Territory Rights?
FlyLock Security Solutions offers territory protections. For an explanation of territorial rights, unlock this franchise for important details.Do they provide Veteran or First Responder Discounts?
Yes, unlock to find out the amount of the discount.When did they begin franchising?
They began franchising in 2015. The average Security franchise began franchising in 2008.Do they offer financing support?
Yes, you can also click here to fill out our affordability calculator and understand your financing options.
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- How many new outlets have they sold in the last 5 years?
- How many franchised outlets have closed in the last 5 years?
- How many franchised outlets have terminated in the last 5 years?
- Do they operate any company or affiliate outlets?
- How long is their initial term length?
- How do they solve franchisee disputes?
- Are you required to work in the outlet or is this a passive investment opportunity?
- Do they provide discounts for buying more than one franchise?
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