How Much Does It Cost to Open a Pop-a-lock Franchise?

Pop-A-Lock Franchise Information

The investment required to open a Pop-A-Lock Franchise is between $96,904-$130,313. There is an initial franchise fee of $15,500 which grants you the license to run a business under the Pop-A-Lock name.

Franchisees set on owning a business under their terms are welcome at Pop-A-Lock. Pop-A-Lock will train franchisees in locksmith technology at training facilities. Pop-A-Lock offers support at every business stage, from start-up to first sale.

In addition to initial franchise fee, franchisees must pay Pop-A-Lock 7% of monthly Gross Sales. If payment is late, 18% of overdue amount is assessed as service charge.

How to Start a Pop-A-Lock Franchise

Welcome to our guide on how to open a Pop-A-Lock franchise. We will take you through essential steps to launch your locksmith business.

The initial investment: $29,000 franchise fee + exclusive area fee based on population. Total investment ranges $85,000 to hundreds of thousands. Minimum candidate net worth: $250,000.

Financial Considerations

How much money do I need to start a franchise? The startup costs for a franchise range from around $18,000 to $85,000, with the primary expense being the one-time preparation of franchise documents and operations manual.

Additional Franchise Information

Franchisees offer commercial, automotive, residential locksmithing including high-tech security. Initial Franchise Fee $15,500; Ongoing Royalty Fee 7%; Additional Training available.

Evaluate if buying franchise is right for you. Taking steps today explores owning this thriving business.

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