Pop-A-Lock

WHY Pop-A-Lock?
Only Brand Name – No Other Brand Name Competitor
Consistent, Recession Proof B2B Model
Proven Successful Formula for Franchisees to Follow
OUR IDEAL FRANCHISEE
Former Corporate Executive or an Entrepreneur who is looking to start their own business (manage the manager) with the support of a proven successful franchise system with needs-based services. Wants solid support, at all levels, from the franchisor (typically suited to major markets/multiple franchises.) Their previous business experience, plus that willingness to "follow our model," along with appropriate finances, for their exclusive franchise areas is key. Can be passive, semi-passive or “hands-on.”
AVAILABLE MARKETS
US markets available: All except noted below
HOT Regions/Desirable: All
NOT available: None
Available in Canada: Yes
International Referrals: Yes
BACKGROUND
Established: 1991
First Unit Franchised: 1995
Franchised Units: 240
Company Owned Units: 0
Home Based: Yes
B2B: Yes
Master Franchise Opportunities: Yes, International Only. US – Multiple Franchise Owners Supported Directly
Average Number of Employees: 2 FT, One PT – over first six-12 months
FINANCIAL DETAILS
Franchise Fee: $15,500 per franchise – Minimum Four Franchises
Cash Investment: $62,000 - $100,000 + depending on number of franchise areas
Total Investment: $88,000 - $99,000 (Economies of scale)
Minimum Net Worth: $350,000
Royalty: 7%
Ad: 1%
Financial Assistance Provided: Yes
SUPPORT & TRAINING PROVIDED:
Training and support program details:
The Pop-A-Lock® Franchisee Training Program introduces you to the various facets of operating our franchises, including operations, standards, human resources, administration, accounting, and advertising and marketing/sales. New Franchisee training is conducted at our corporate offices in Lafayette, Louisiana.
This program is followed by technical training for your staff. This training shows you/your staff how to use Pop-A-Lock’s proprietary equipment and techniques for High Tech and Traditional Security and Locksmith services. The course includes comprehensive instruction and is conducted at our national training facility in Lafayette, Louisiana.
Should you or one of your employees later become a certified instructor (after completing additional training and meeting other requirements), you will be qualified to train your new technicians locally. You will also receive annual instructor re-certification training.
By providing you with comprehensive training and support, Pop-A-Lock continues to be the leader in professional locksmithing and helps to ensure that your new franchise business will have the best possible chance for success.
Cost for Training: $
Lodging and airfare included: No
Site Selection Assistance: Yes – Service areas selection – No Brick & Mortar required
Lease Negotiation Assistance: N/A
Mentor following training: Yes
Length of mentoring Franchisee:Ongoing
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