Question 1

How many Pop-A-Lock franchise locations are there?

Accepted Answer

Pop-A-Lock currently has 380 total units, including 373 franchised locations and 7 company-owned locations.

Question 2

Is the Pop-A-Lock franchise system growing or shrinking?

Accepted Answer

Pop-A-Lock has experienced negative net growth of -2.8% over the past year, with a 3-year compound annual growth rate (CAGR) of -4.8%.

Question 3

What is the franchise vs. company-owned ratio for Pop-A-Lock?

Accepted Answer

Pop-A-Lock has a franchise ratio of 98%, meaning 98% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Pop-A-Lock franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Pop-A-Lock had 0 units opened and 11 units closed.