The Flying Locksmiths

The Flying Locksmiths (TFL) is a white-collar business management franchise opportunity in an industry that has been fragmented for decades with "Mom & Pop" operators.

The Locksmith industry in the U.S. generates $2 billion of revenue annually. The door system market is over $25 billion annually.

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The Flying Locksmiths

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The Flying Locksmiths Franchise Cost and Requirements for 2022

Background

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.

The Flying Locksmiths (TFL) is a white-collar business management franchise opportunity in an industry that has been fragmented for decades with "Mom & Pop" operators.

The Locksmith industry in the U.S. generates $2 billion of revenue annually. The door system market is over $25 billion annually.

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.

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).

Some of our national customers include: Costco, Domino's Pizza, Hyatt Hotels, FedEx, Starbucks, Dunkin Donuts, Sears and many, many more.

Company Details

Established: 1984
First Unit Franchised: 2015
Franchised Units: 99 franchisees | 264 territories sold
Company Owned Units: 1
States Registered In: all 
Canada Franchises: No
International Franchises: No

Support and Training Offered By The Flying Locksmiths

Financial Assistance Provided: No
Site Selection Assistance: No
Lease Negotiation Assistance: No
Recruiting Assistance: Yes
Co-Operative Advertising: No
Training: 5 days at corporate location, 5 days in franchise territory. Extensive on-going support.

2022 Franchise Requirements Needed to Own a The Flying Locksmiths Franchise.

What does a The Flying Locksmiths Franchise Cost?

The Flying Locksmiths franchise fees for 2022:

Cash Investment: $100,000
Total Investment: $162,000 - $262,000
Minimum Net Worth: $250,000
Franchise Fee: $75,000
Royalty: 8%
Ad: 0
Average Number of Employees: 2-4
Item 19: Yes
Visa Candidates: Yes
Passive Ownership: No
Home Based: No
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes

Is The Flying Locksmiths a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. The Flying Locksmiths is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is The Flying Locksmiths a Home Based franchise?

No. The Flying Locksmiths is not a home based franchise opportunity.

What Do The Flying Locksmiths Franchise Owners Make?

Click here to find out how much The Flying Locksmiths franchisees make. The Flying Locksmiths offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is The Flying Locksmiths a Master Franchise Opportunity?

No. The Flying Locksmiths is not a master franchise opportunity.

Does The Flying Locksmiths Offer a Veteran Discount?

Yes. The Flying Locksmiths franchise does offer a veteran discount.

Does The Flying Locksmiths Work with E2 Visa and EB-5 Visa Candidates?

No. The Flying Locksmiths franchise does not work with E2 Visa and EB-5 Visa candidates.

Is The Flying Locksmiths Looking for Franchisees in Canada?

No. The Flying Locksmiths franchise is not looking for Canada franchisees.

Is The Flying Locksmiths Looking for International franchisees?

No. The Flying Locksmiths franchise is not looking for International franchisees.

Additional Information

Additional Categories

Home Services, Maintenance, Non Food Franchises

Number of Units Open

50-100 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

No

International Franchise Opportunities

No

E2 Visa Franchise

No

The Flying Locksmiths Franchises for Sale

Click Here to inquire about existing The Flying Locksmiths franchises for sale. We may have The Flying Locksmiths franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.