The Flying Locksmiths
#190 Franchise 500| Locksmith and security services and products

About
Founded

1984

Franchising Since

2015 (5 Years)

Corporate Address

100 Grossman Dr., #305
Braintree, MA 02184

Leadership

Barry L. McMenimon, CEO

Parent Company

TFL Franchise Systems LLC

Financial Requirements
Initial Investment

$182,596 - $428,396

Net-worth Requirement

$200,000

Liquid Cash Requirement

$100,000

Ongoing Fees
Initial Franchise Fee

$75,000 - $300,000

Ongoing Royalty Fee

8%

Financing Options

The Flying Locksmiths has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

5% off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Social media

SEO

Website development

Email marketing

On-The-Job Training:

24 hours

Classroom Training:

38 hours

Additional Training:

Ongoing mentoring

Absentee Ownership Allowed
Number of Employees Required to Run:

2

The Flying Locksmiths is ranked #190 in the Franchise 500!
Cost
Initial Investment: Low - $182,596 High - $428,396
Units
+11.1%+9 UNITS (1 Year) +350.0%+70 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.

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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: June 2nd, 2020