Mr. Rekey Locksmith
Commercial and residential locksmithing

About
Founded

1995

Franchising Since

2012 (7 Years)

Corporate Address

1421 Wells Branch Pkwy., Bldg. 1, #104
Pflugerville, TX 78660

CEO

Kenneth Jennings

Financial Requirements
Initial Investment

$33,000 - $80,800

Liquid Cash Requirement

$50,000

Ongoing Fees
Initial Franchise Fee

$10,000 - $30,000

Ongoing Royalty Fee

7.5%

Ad Royalty Fee

2%

Financing Options

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

Veteran Incentives

20% off franchise fee

Support Options
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

Classroom Training:

2 weeks

Absentee Ownership Allowed
Number of Employees Required to Run:

1 - 2

Cost
Initial Investment: Low - $33,000 High - $80,800
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: August 10th, 2017