Today 17 April
Updated 20 september 2018

Franchise The Flying Locksmiths

Investments

$121,596

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Short information

$121,596

$121,596

Investments

$75,000

$75,000

Minimum Cash

3

3

Wishing to buy

1984

1984

Year Brand Started

74

74

Offices

2015

2015

Year Franchising Started

Franchise The Flying Locksmiths

Investments

$121,596

Offices

74

Franchise Fee

$15,000 - $240,000

Short information

1984

Year Brand Started

2015

Year Franchising Started

About Franchise

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! 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.

Franchise Development

Our locksmith franchise model is adaptable as an owner operator model (not working in the van), transitional model from another career, or straight ROI model with general manager in place running day to day. We are seeking prospects looking to scale a business and manage a P & L versus working in the field. We have a national call center that manages all prospective customer inquiries through a toll free number. We educate the customer about our services, give an estimate when appropriate, schedule the job, and route the job through our centralized process.

Franchise The Flying Locksmiths

Our Partners

The Flying Locksmiths Inc, is an all-inclusive security provider. We encompass services ranging from locks and keys, all the way to card access systems, full door replacements, panic devices, door closers and fully integrated master key systems. The Flying Locksmiths is a white collar business management franchise opportunity in the commercial locksmith & security industry. High profit margins & low overhead make us a great opportunity in any economy.

As an all-inclusive security provider, we are very much in demand by companies and corporations. More than 90% of our business being commercial accounts and our national customers include: Costco, Domino’s Pizza, Hyatt Hotels, FedEx, Starbucks, Dunkin Donuts, Sears, Home Depot, Cumberland Farms and many more.

We supply a strong business model and best practices for every franchise operation. We show you how to get started, how to run your daily operations and how to hit the ground running to profitability. In an industry that has been filled mostly with “Mom & Pop” operators, The Flying Locksmiths positions itself as the leader in its category. It is a dynamic and ambitious company with the experience and the knowledge to succeed.

f you are determined to make your business a success, we are the right brand for you. We can show you how to thrive with our successful methods. You'll be part of a fast-growing team of owners who want to have financial security with a balance lifestyle and while being trained and supporter by headquarters’ professional staff.

Franchise The Flying Locksmiths

90% of our business is commercial with the remainder being residential (traditionally what we “think” of as a locksmith, e.g. locked out of home or keys locked in car). Below is a list of target customer’s for TFL Franchisees. Identifying these individual businesses, in your area, will help your franchise grow and become more profitable.

  • Property Managers
  • Security Integrators
  • Service Companies
  • Multiple Store-front Businesses
  • Contractors
  • Nursing Home & Healthcare Providers
  • Realtors
  • School Systems
  • Restaurants
  • Gas & Energy Providers
  • Daycare Centers

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Finance Information

Investments: $121,596 – $366,396

Franchise fee: $15,000 - $240,000

Royalty fee: 8%

Minimum Cash: $75,000

Net Worth: $150,000

Partner Requirements

Our ideal candidate is a business professional looking for a ‘white-collar’ business in a ‘blue-collar’ sector.

A person who has business management and marketing skills.

A person who can build relationships, lead a team, and who has the motivation to excel.

The person must have a minimum of $75k in liquid capital, $150k in net worth and a good credit score.

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Training

Yes

Business Type

Franchise

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