Details
Overview
Pop-A-Lock is a mobile locksmith and security company offering a range of services including automotive, residential, and commercial locksmith solutions. Founded in 1991 by former law enforcement officers, Pop-A-Lock has grown to become one of the largest and most trusted locksmith franchises in the United States.
History
Pop-A-Lock was established in Lafayette, Louisiana, and has expanded rapidly due to its reputation for reliability and professionalism. The company now operates hundreds of locations across the United States and Canada, serving millions of customers annually.
Investment Breakdown
The initial investment for a Pop-A-Lock franchise ranges from $94,120 to $135,220. This includes the franchise fee, equipment, vehicle, and initial inventory. Additionally, franchisees must consider ongoing costs such as royalties and marketing fees.
Industry Snapshot
The locksmith industry is highly fragmented, with many small, independent operators. However, franchises like Pop-A-Lock benefit from brand recognition, comprehensive training programs, and ongoing support, giving them a competitive edge. The industry is also evolving with new technologies, including smart locks and advanced security systems, providing growth opportunities for
established brands.
Brand Information
| Cost | $43,000 |
| Investment | $137,777 - $170,827 |
| Royalty Fee | 7% |
| Brand Fund Fee | 1% |
| Founded | 1991 |
| Franchising Since | 1995 |
| Locations | 486 |
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