FREE Franchise Guide!
Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$33K - $81K
Units as of 2015
61 Decrease

Company Overview

About Mr. Rekey Locksmith

Industry Services (Other)
Related Categories Miscellaneous Services, Miscellaneous Automotive Products & Services, Security Services
Founded 1995
Leadership Kenneth Jennings, CEO
Corporate Address 1421 Wells Branch Pkwy., Bldg. 1, #104
Pflugerville, TX 78660
Social Facebook, Twitter

Business Overview

Franchising Since 2012 (12 years)
# of employees at HQ 40
Where seeking

This company is offering new franchises in the following US states:

# of Units 61 (as of 2015)

Information for Franchisees

Here's what you need to know if you're interested in opening a Mr. Rekey Locksmith franchise.

Financial Requirements & Ongoing Fees

Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee Information Circle
$10,000 - $30,000
Initial Investment Information Circle
$33,000 - $80,800
Cash Requirement Information Circle
$50,000
Veteran Incentives Information Circle
20% off franchise fee
Royalty Fee Information Circle
7.5%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
7 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing Mr. Rekey Locksmith offers in-house financing to cover the following: franchise fee, equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training 2 weeks
Ongoing Support
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Marketing Support
Ad Templates
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run 1-2
Are exclusive territories available? Information Circle
Yes
Take our quick quiz to find your ideal franchise

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to Mr. Rekey Locksmith.

Pet Supplies Plus

description
Pet food and supplies, bathing/grooming services

UPS Store, The

description
Shipping, packing, package management, mailboxes, printing, faxing, shredding, notary services

Specialized Risk

description
Security consulting and private investigation services

Security 101

description
Commercial security systems

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

How to Create Franchise Videos That Inspire — And Convert Interest Into Action

The best franchise videos don't just inform, they connect emotionally. To capture those kinds of stories, you need to do more than just scripted interviews and staged office shots.

Franchise

How Setting Clear Financial Goals Can Transform Your Business and Personal Success

Dive in to refresh your core financial competencies — from cash flow management to understanding key financial statements.

Franchise

McDonald's Is Launching the Highly Anticipated Chicken Big Mac in the U.S. — Here's When

The sandwich was a massive hit in the United Kingdom, selling out in just 10 days during its limited run in 2022.

Franchise

How California's New Disclosure Law Could Affect Franchise Sales Nationwide

The bipartisan legislation introduces new registration and pre-sale disclosure requirements for third-party franchise sellers, including brokers, broker networks and franchise sales organizations.

Franchise

Get Paid to Travel the World and Eat By Applying to Be This Hotel Brand's 'Chief Eats Officer'

The dream role for a food-lover and travel enthusiast allows them to visit some of the most stunning destinations in the world while sharing their adventures on social media.

Franchise

Free Webinar | October 23: Taking Control of Your Life Through Franchising

Ready to be your own boss? Join our webinar on 10/23 at 2pm ET to learn how being a franchise owner can allow you to take back control of your daily schedule and stop working for someone else. Register now!

See more franchise content
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022