FlyLock Security Systems - Franchise
FlyLock Security Systems (FSS) is a white-collar business management franchise opportunity (you’re managing the business, not making service calls) in an industry that has been fragmented for decades with “Mom & Pop” operators. This has allowed us to be a technology and service leader in the security industry for over 70 years.
What Does a FlyLock Security Systems Franchise Cost?
To buy a franchise with FlyLock Security Systems, you'll need to have at least liquid capital of $70,000 and a minimum net worth of $200,000. Franchisees can expect to make a total investment of $180,000 - $280,000. They also offer financing via 3rd party as well as a discount for veterans ($5,000). *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $70,000 What does Liquid Capital mean? |
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Net Worth: | $200,000 What does Net Worth mean? |
Total Investment: | $180,000 - $280,000 What does Total Investment mean? |
Options
Options available to franchisees:
Financing: | Via 3rd party |
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Training: | Available |
Veteran Discount: | $5,000 |
SBA Approved: | Available |
Franchisor Details
Facts about this franchise:
Total Units: | 88 |
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Home Office: | Boston, Massachusetts |
Year Founded: | 1946 |
Franchising Since: | 2015 |
Why Choose FlyLock Security Systems?
FlyLock Security Systems has been installing confidence since 1946.
Physical Security Specialists
The locksmith industry has changed dramatically and FSS has been the catalyst for that change. By putting an emphasis on unparalleled customer service, and identifying, vetting, and installing the latest high-tech products – FSS has created an unrivaled national service delivery platform for the latest products and services available in the security industry.
We define ourselves as Physical Security Specialists because while we are extremely competent when it comes to rekeying locks or installing door hardware, our teams can also implement full card access systems, complete with security cameras, if desired. We can also complete a thorough security assessment of a client's home or building's security by adjusting door closures, exit devices and ensuring handicap operators are in compliance with laws and regulations.
If It's On The Door, We Handle It.
Franchise Overview
FlyLock Security Systems has been in business for over 70 years. 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 FlyLock Security Systems name. When William retired, he passed the business down to his sons, Barry and Brad. Barry’s sons, Brett and Barry P, have also joined the leadership team, infusing the well-established family business, with a passion for 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.
Franchise Development
FlyLock Security Systems' franchise development is spearheaded by Dennis Mulgannon, who successfully launched Junk King and Home Care Assistance into national brands. Our franchise model is adaptable as an owner-operator model, a transitional model from another career, or a straight ROI model with General Manager in place running the day-to-day. We are seeking prospects looking to scale a business and manage a P & L versus working in the field. We have a national call center that manages all prospective customer inquiries through a toll-free number. We can then educate the customer about our services, give estimates when appropriate, and schedule and route jobs through our centralized process.
Our Partners
FlyLock Security Systems, is an all-inclusive security provider. We offer services ranging from simple locks and keys, all the way to card access systems, full door replacements, panic devices, door closers, and fully integrated master key systems. We pride ourselves on our ability to provide incredibly fast service, while maintaining a friendly, family-like atmosphere in our call center and on jobsites.
On the surface, locksmithing appears to be an antiquated trade, but it is an industry that can produce steady and attractive margins. The industry is populated with numerous “Mom and Pop” operators, who often do not adapt to the technological changes found in our business. Our focus on technology keeps us on the leading edge of the industry.
We are family owned and operated since 1946, so you can expect a hands-on approach when opening your franchise. Ultimately, your success is in your hands, but we will use every resource at our disposal to help you achieve it. By starting a FSS Franchise, you are not just purchasing a franchise, you are becoming part of our family!
Target Customers
90% of our business is Commercial with the remainder being Residential (traditionally what we “think” of as a Locksmith, e.g. locked out of home or keys locked in car).
FSS services several large National Accounts, which we will be happy to discuss with you once you have been vetted by our franchise development team.
Want to learn more? Fill out the Request Information form today!
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Availability
FlyLock Security Systems is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $70,000 in liquid capital to invest.
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