Flylock Security Solutions Franchise
Security professionals making the world safer one door at a time through access control and commercial security systems, including keyless entry systems with electrified door hardware, intercoms, automatic door operators, and security camera systems.
$100,000
$75,000
93
2015
Braintree,MA
Barry L. McMenimon
About Flylock Security Solutions
A national locksmith company with a local presence. The Flying Locksmiths and FlyLock Security Solutions are located in major cities throughout the United States and continuing to grow in the $37 billion industry. We offer commercial locksmith services, access control systems and building security systems, security cameras, automatic door operators, keyless entry systems, electrified door hardware, smart locks, commercial doors, frames, high-security locks, key systems, rekeying and much more!
Franchise Unit Trends & Revenue
93
1
$637,302
* in 2023
Franchise Fees
$75,000
Veteran's Fee: $71,250
8.0%
Gross Revenue
0.0%
Gross Revenue
Why Choose Flylock Security Solutions?
FlyLock Security Solutions is a white-collar business management franchise opportunity in a technology-driven industry with unlimited growth potential. Formerly known as The Flying Locksmiths, the Boston-based security provider has evolved from their humble locksmith roots to its most profitable and fastest growing product segment: access control. FlyLock Security Solutions represents not only a revamping of our current brand, but a shift in strategy and focus. Keys are being replaced with fobs and card access systems. Camera systems are ubiquitous. Intercoms and automatic doors are more prevalent than ever before and the list of qualified companies that can work on them is short.
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 basic pricing when appropriate, schedule the job or survey and route the job through our proprietary software.
The Access Control / Locksmith market is over $37 billion annually offering a substantial growth opportunity for franchisees. The top 25% of franchise locations that had a full year of operations in 2022 had an average gross revenue of $1,146,919! Our top performer did $2,766,684!
Starting Costs & Investment Requirements
$160,000 - $410,000
$200,000
$100,000
Training & Support
We have greatly enhanced our initial training program. It is now 3 weeks long. 2 weeks of virtual training, 1 week of training at our training center. 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 basic pricing when appropriate, schedule the job or survey and route the job through our proprietary software.
History
They are proud of being locksmiths in the Boston area for over 70 years. Years of locksmith experience and business education are two of the main components that create the framework of FlyLock's leadership team. It began with William McMenimon Sr., working out of his Jeep with one key machine in 1946. He was training to become a pilot and working as a locksmith, hence the reason for the unusual name. He opened a small key shop in Dorchester and later moved to Randolph, where the storefront is still located 30 years later.
When William retired, he passed the business down to his sons; Barry and Brad, who expanded the company into the highly recognizable Boston based business it is today! Barry’s sons, Brett and Barry P, have also joined the leadership team, infusing the well-established family business, with the convenience of modern technology. The combination of generations has created a blend of old school ideals and new age tech, resulting in a mix that offers the newest products with a friendly neighborly smile. The mission of the company is simple: provide top of the line security, utilizing all means of communication, while staying true to family values.
Ideal Candidate
Our ideal candidate is a business professional looking for a ‘white-collar’ business in a ‘blue-collar’ sector. A person who has business management and marketing skills. A person who can build relationships, lead a team, and who has the motivation to excel. We are looking for franchise owners that are ready to run the business on a full-time basis. They should be looking to scale and manage a business versus working in the field.
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