Question 1

How much does it cost to open a Pop-A-Lock franchise?

Accepted Answer

The total initial investment for a Pop-A-Lock franchise ranges from $118K to $191K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Pop-A-Lock franchise fee?

Accepted Answer

The initial franchise fee for Pop-A-Lock is $43K.

Question 3

What are the net worth requirements for a Pop-A-Lock franchise?

Accepted Answer

Net worth requirements for Pop-A-Lock are specified in the Franchise Disclosure Document.

Question 4

Does Pop-A-Lock require a personal guarantee?

Accepted Answer

Yes, Pop-A-Lock requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Pop-A-Lock franchise?

Accepted Answer

Equipment costs for a Pop-A-Lock franchise range from $17K to $34K. Initial inventory costs range from $12K to $15K.