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The Flying Locksmiths
How do I buy my own The Flying Locksmiths Franchise?
Flying Locksmiths is an all-inclusive security provider. This franchise model is adaptable as an owner operator model, transitional model, or straight ROI model. To buy a Flying Locksmith there is a cash requirement of $100,000 and a total investment of $180,000-$280,000. Flying Locksmith provide a call center that manages all customer inquiries and educates the customer about services, provides quotes, schedules jobs, and routes the job to owners.
The Flying Locksmiths' White Collar Executive Model.
Take advantage of an industry that has been fragmented for decades with "Mom & Pop" operators and partner with The Flying Locksmiths. From antique door knobs to high tech security systems, you can offer a complete range of locksmith services without ever lifting a screwdriver. The Flying Locksmiths are seeking candidates who are looking to scale a business and manage a P & L versus working in the field. A national call center which manages all prospective customer inquiries through a toll free number is provided. Most of the work is done for you. The center educates the customer about the service and you grow your business.
Make more than $400,000/year as a Flying Locksmiths Owner*
Utilize the expertise of The Flying Locksmiths to establish your own locksmith business with a trusted name and more than 70 years' experience.
Choose the Flying Locksmiths franchise for a secure future. You will not be disappointed!
Benefits of The Flying Locksmiths:
- Adaptable franchise model - you can run as an owner operator (not working in the van), transitional model from another career, or straight ROI model with general manager.
- Very little national competition
- Offers stability - can't be off-shored or replaced by the Internet
- Multiple revenue streams
- Amazing growth potential - avearge annual gross profit for last 4 years: $441,225
- Established brand - been in business 70 years
- Family owned
The Flying Locksmith’s (TFL) is a a blend of old school ideas with new age technology; a white collar business management franchise opportunity in an industry that has been fragmented for decades with “Mom & Pop” operators.
From antique door knobs to high tech security systems, you can offer a complete range of locksmith services. Featured products and systems include:
- House keys
- Lock re-keying
- Intercom systems
- Exit devices and crash bars
- Card access & keypads
- Door closers
- File cabinet keys & locks
- Security vaults
- chip keys
- Door alarms
90% of The Flying Locksmiths' business is commercial with the remainder being residential (traditional locksmith work e.g. locked out of home or keys locked in car).
Some National Accounts include:
- Coca Cola
- Bank of America
- Dunkin Donuts
Identifying these individual businesses, in your area, will help your franchise grow and become more profitable. Included with each type of business is a breakdown of common services that they require and some local examples that TFL currently do work with. The entirety of this list, will request profitable services, on an ongoing basis and expect a quick turnaround on any services rendered.
- Property Manager
- Security Integrators
- Service Companies
- Gas & Energy Providers
- Nursing Homes & Healthcare Providers
The Flying Locksmiths are seeking candidates who are looking to scale a business and manage a P & L versus working in the field. A national call center which manages all prospective customer inquiries through a toll free number is provided.
Most of the work is done for you. The center educates the customer about the services, gives an estimate when appropriate, schedules the job, and routes the job through a centralized process.
Approximately 200-300 square feet of office space for admin and parts inventory storage.
8% of gross revenue
One week at corporate HQ. Also a 2 week training program covers the following topics:
- Training for all positions
- Marketing and promotion
- Daily operations
There will be a lot of training that covers marketing and how to target the commercial accounts. For the national accounts, The Flying Locksmiths will work with you to provide a warm introduction to those brands in your market.
Special Franchise Requirements:
Business management, marketing, corporate employee, previous business ownership
Requires a population of 500,000+
Multi-Units Or Area Development Available:
The Flying Locksmiths is a family owned and operated business since its inception in 1946. So, you can expect a hands on approach when opening your franchise.
Start a TFL Franchise today and become part of the family!
*Support for the earnings claim can be found in the Item 19 of The Flying Locksmiths Franchise Disclosure Document (FDD).
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