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The Flying Locksmiths

Information based on 2024 FDD
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Brand Highlights
  • Founded in 1984
  • Franchising Since 2015
  • 92 US Franchises
  • $150,201 - $400,055 Investment Range
  • $713,997 Average Gross Revenue
  • 8% Royalty Fee
  • $75,000 Franchise Fee
Pre-qualification Amount

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Franzy Fit Score

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Brand Description

The Flying Locksmiths stands as a premier name in professional locksmith and security solutions, with a legacy of excellence dating back to 1984. As one of the most trusted brands in the home services industry, they've built their reputation on delivering exceptional security solutions with unmatched expertise and customer service.

What sets The Flying Locksmiths apart is their comprehensive approach to security. Their services extend far beyond traditional locksmith work, encompassing everything from residential and commercial lock installation to cutting-edge electronic access control systems. Their technicians are highly trained professionals who combine time-honored locksmith skills with knowledge of modern security technology.

The franchise has earned widespread recognition for their rapid response times, professional demeanor, and ability to handle complex security challenges. Whether it's emergency lockout services, master key systems, or advanced security installations, their technicians arrive promptly and equipped with the latest tools and technology to get the job done right.

Customer reviews consistently highlight their technicians' expertise, punctuality, and thorough approach to explaining security solutions. The franchise's commitment to excellence is evident in their meticulous attention to detail and dedication to leaving each job site spotless upon completion.

For entrepreneurs looking to enter the security services industry, The Flying Locksmiths offers a proven business model backed by comprehensive training and support. As communities increasingly prioritize security, this franchise represents an opportunity to provide essential services while building a respected business in your local market.

DID YOU KNOW?

How much does it cost to start a franchise with The Flying Locksmiths?

$150,201
$400,055
Did you know that starting a The Flying Locksmiths franchise - the mobile locksmith service that brings security solutions directly to customers' doors - requires a total investment between $150,201 and $400,055, which covers everything from your franchise fee and specialized locksmith equipment to vehicle wrapping and working capital to get your keys-to-success business rolling?
Financial Summary
Franchise Fee
$75,000
Investment Range
$150,201 - $400,055
Investment Midpoint
$275,128
Minimum Cash Required
$150,201
Royalty Fees
8%
Brand Fund
1%
Brand Bragging Rights
Nearly 40 years of established industry experience since 1984
Comprehensive commercial locksmith and access control specialists
93 active franchise units demonstrating proven business model
Commercial-focused recurring revenue from maintenance contracts
Full-service door security solutions from traditional locks to electronic systems
Specialized expertise in business security assessments and installations
Financial Analysis
The Flying Locksmiths requires an investment range of $150,201 to $400,055, positioning it as a premium entry within the home services sector. This investment level sits significantly above sub-sector averages of $111,770-$223,008, reflecting the specialized nature of commercial locksmith and access control services. The higher capital requirements typically include specialized equipment, vehicle outfitting, inventory, and technology systems essential for electronic access control installations.

The commercial locksmith and security sector benefits from consistent demand driven by business security needs, regulatory compliance requirements, and technological advancement toward electronic access systems. Unlike residential services, commercial clients often require ongoing maintenance contracts and system upgrades, supporting recurring revenue streams.

With 93 active units and nearly 40 years of operation since 1984, the system demonstrates established market presence and operational stability. The brand's evolution from traditional locksmith services to comprehensive access control solutions reflects successful adaptation to industry technological shifts.

The investment suits experienced operators with substantial liquid capital given the premium investment level and technical service requirements. The business model requires understanding of both traditional locksmith services and modern electronic security systems, suggesting ideal candidates have relevant industry experience or strong technical aptitude.

The reported gross revenue of $713,997 aligns closely with sub-sector averages of $739,341, indicating competitive performance within the specialized commercial locksmith market.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like The Flying Locksmiths. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

Finance Partners
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First Bank of the Lake

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Golden Capital Solutions

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Location Analysis
The Flying Locksmiths demonstrates strong market presence across multiple states, showing strategic concentration in key markets. The franchise maintains notable coverage along the Eastern Seaboard, with significant presence in Florida, Pennsylvania, and strong representation across New England and Mid-Atlantic regions. This distribution suggests successful penetration in both high-density coastal markets and mid-market regions.

The franchise's impressive customer satisfaction ratings across thousands of verified reviews indicates consistent service quality and strong operational execution across regions. This high satisfaction metric particularly stands out in the specialized locksmith industry, where trust and reliability are paramount.

Market positioning reveals strategic focus on metropolitan areas and growing suburban communities, with successful operations in affluent, expanding markets like Cary, NC demonstrating the franchise's ability to thrive in growth-oriented locations. The current geographic footprint leaves significant opportunity for expansion, particularly in the Midwest and Western states where coverage potential remains strong.

Ideal locations typically feature a mix of commercial and residential properties, proximity to business districts, and growing population centers with median household incomes above $60,000. The franchise shows particular strength in regions with active real estate markets and strong commercial presence, suggesting these factors should be primary considerations for new franchisees selecting territories.
Total US Locations93
Open Franchises92
Corporate Locations1
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind The Flying Locksmiths. Learn about the experience and expertise of the executive team guiding The Flying Locksmiths's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving The Flying Locksmiths. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review The Flying Locksmiths's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about The Flying Locksmiths's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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