Question 1

How many FlyLock Security Solutions franchise locations are there?

Accepted Answer

FlyLock Security Solutions currently has 95 total units, including 94 franchised locations and 1 company-owned locations.

Question 2

Is the FlyLock Security Solutions franchise system growing or shrinking?

Accepted Answer

FlyLock Security Solutions has experienced positive net growth of +2.1% over the past year, with a 3-year compound annual growth rate (CAGR) of -1.0%.

Question 3

What is the franchise vs. company-owned ratio for FlyLock Security Solutions?

Accepted Answer

FlyLock Security Solutions has a franchise ratio of 99%, meaning 99% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many FlyLock Security Solutions franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), FlyLock Security Solutions had 3 units opened and 1 units closed.