Pop-A-Lock
Cherry Franchise Broker
Total investment:
$ 96,904
Franchise fee:
$ 15,500
Royalty fee:
7%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1991
Franchise since: 1994
Company owned units:
Franchise owned units: 558
Total number of units:
Number of employees per unit: 3-10
Contract period: 60 month
FRANCHISE ONLINE
WEBSITEPop-A-Lock is a franchise locksmith company in the United States and Canada, based in Lafayette, Louisiana.
Pop-A-Lock was founded in Lafayette, Louisiana by former law enforcement officers, Carl Vincent and Steve Gremillion. The company began granting franchises in 1994. Since that time the Company and Brand have grown to over 482 franchise areas within the United States 13 in Canada and 16 international. Pop-A-Lock operates in 8,300 communities.
Entrepreneur Magazine has consistently ranked the franchise in the “Top 500 Franchises” and chose Pop-a-Lock as a top franchise in 2014.
On-The-Job Training: 6 hours
Classroom Training: 25 hours
Additional Training: Technical training
Net-worth Requirement: $250,000 – $500,000
Liquid Cash Requirement: $30,000 – $100,000 Ad Royalty Fee 1%
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