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

Franchise Articles

The Top 10 Best Franchises to Open in 2019

Here's everything you need to know about the top franchises to open from the 'Entrepreneur' Franchise 500.

Never Buy a Franchise Without Researching These 5 Sources

Once you've narrowed your franchise choices to a few – or a few dozen – it's time to investigate these informational options.

Franchise 500: Our Definitive Ranking of 2019's Strongest Franchises

What trends are tops? What brands have proved most lasting? What franchise may be the right opportunity for you? Explore, absorb, and learn from our annual list.

#1 on the Franchise 500: How McDonald's Evolved With Its Customer

The #1 company on our annual Franchise 500 list is a master class in staying power.

#2 on the Franchise 500: How Dunkin' Continues To Thrive

Even with a forward looking rebrand to just Dunkin', the #2 company on our Franchise 500 list knows its soul.

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
My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.