Pop-A-Lock is a mature locksmith and automotive services franchise with 380 locations and 23+ years in operation. The system faces significant challenges with declining unit count (down from 440 to 380 over 3 years) and high closure rates. Investment ranges from $118K-$191K with 7% royalty and 1% ad fund fees. Territory rights are exclusive by ZIP code but franchise prohibits internet/telemarketing outside territory. Financial performance varies dramatically - top multi-unit operators average $5M+ while single-unit bottom performers average only $55K. The franchise requires full-time owner operation and technical training. Given the system contraction and performance disparities, prospective franchisees should carefully evaluate market conditions and operational requirements.
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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