FlyLock Security Solutions

FlyLock Security Solutions has made a strategic shift into a future where fobs, mobile credentials, cameras, intercoms, and automated doors are the standard—not the exception. The demand for these systems is exploding, and the number of companies qualified to install and service them? Incredibly limited. Generating recurring monthly revenue (RMR) has been an imperative element of running a successful and profitable access and security company for years – but now more than ever, FlyLock focuses on bolstering their sources of RMR.
WHY FlyLock Security Solutions?
The need for security is not going away, only getting more necessary.
Very little national competition.
Can't be Amazon'd or off-shored.
OUR IDEAL FRANCHISEE
Business management experience
Customer service experience
Sales and marketing experience
AVAILABLE MARKETS
US markets available: All except noted below
HOT Regions/Desirable: Cleveland, Salt Lake City, Long Island NY, Providence RI, Miami FL, Oakland CA, San Francisco CA, Los Angeles CA, Omaha NE, Wichita KS, Tulsa OK, Dallas TX, Little Rock AR, St Paul MN, Albuquerque NM
NOT available: None
Available in Canada: No
International Referrals: No
BACKGROUND
Year founded: 1984
Year Franchised: 2015
Number of franchises currently operating: 98 franchisees and 264 territories sold
Number of corporate owned franchises: 1
Home Based: No
Absentee ownership available: No
Semi-Absentee ownership available: No
Accepting Master Franchisor and Area Developer Referrals: No
Average number of employees required: 2-6
E2 Visa Friendly: Yes
FINANCIAL DETAILS
Franchise Fee: Single: $75,000 - minimum territory 500k population
Providing earnings guidance in Item 19 in FDD: XXX
Total investment range: Single unit: $150,000 - $225,000 - (includes $70k operating capital)
Net worth requirement: $200,000
Royalty: 8%
Additional fees: None
Financial assistance available: No
VetFran program: Yes
SUPPORT & TRAINING PROVIDED
Training and support program details:
The initial operations training includes 7.25 hours of classroom/virtual training and approximately 21.25 hours of classroom and on the job training at our Home Office, in Quincy,
Massachusetts. We will provide 3 days of on-site support, at our expense, at your franchise location, to commence within 14 days of the opening or transfer of ownership of your
Franchised Business. If we determined that more support is needed, we may arrange additional training and support time and you will pay to us our then current rate for additional
training.
Cost for Training: $2,500
Lodging and airfare included: No
Site Selection Assistance: No
Lease Negotiation Assistance: No
Mentor following training: Yes
Length of mentoring Franchisee: As needed
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