FlyLock Security Solutions is a locksmith and security services franchise with 94 franchised units operating under a complex business model. The franchise requires significant initial investment ($146K-$398K) with an 8% royalty rate and various technology fees totaling around $185/month. The system has remained stable with minimal growth over the past three years. Territory protection is population-based with minimum 500,000 people. The franchise includes comprehensive training and ongoing support, with particular focus on technology integration through proprietary software systems. Post-termination restrictions include 18-month non-compete within 20 miles of territory or other franchise locations.
Generated from 2025 Franchise Disclosure Document
AI-generated from FDD analysis — use as a checklist with your attorney
Total startup costs, working capital, and financial requirements
Training, marketing support, technology, and operational assistance
Royalty, marketing, technology, and other ongoing fees
Revenue data, P&L estimates, and financial projections
Lawsuits, disputes, and legal risk assessment
Territory rights, term length, non-compete, and transfer rules
82 legal provisions scored on a franchisee-friendliness scale
Unit growth trends, exit rates, and system trajectory
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