Last Updated on August 1, 2012 by DeanR
Pop-A-Lock Franchise Information
Pop-A-Lock is a franchise for a business providing mobile security and locksmith services. It was founded in 1991 and started franchising in 1994.
It was a group of law enforcement agents from Lafayette, Louisiana who realized that their company needed to have a car locksmith. It was then that they decided to open their first location in Lafayette, Louisiana. They say that they are now the largest locksmithing franchise in the United States. The first location they opened has been transformed to become their state-of-the-art training facility and their headquarters.
They specialize in emergency automotive locksmith services but they also provide their services to homes and businesses. They also created a program that helps children who are inadvertently locked in vehicles and they call it EDU or Emergency Door Unlocking. They now have 230 locations in the United States and 16 locations in other countries such as Canada and Australia.
What services do they offer at Pop-A-Lock?
For Locksmithing, they have the Key Cutting technology which is for automotive key cutting whether it has special codes or transponders or not. Their technicians have all the equipment they need and all the auto key specs and all the codes. Another Locksmithing service is the Lock Re-Keying which is a home re-keying service. This is done to assure families that their home is safe and secure.
The Car Locksmith service is available 24 hours a day and 365 days a year. Their car locksmiths go through 40 hours of training which includes hands-on training in unlocking car doors. Because of their rigorous training, only one out of 10 applicants is able to pass to become a car locksmith. They understand that the technology changes but they make sure that they are updated and their service remains safe like using your own key. They also help eliminate the cost of having to replace keys.
They also offer Emergency Roadside Assistance for instances like lockouts, jump starts, flat tire assistance, and gasoline delivery. Their Emergency Door Unlocking service is provided for free. After calling 911, you can call them next and in emergency cases, they will give you the highest priority. This is a free community service that helps save children.
Cost and requirements on running a Pop-A-Lock franchise
You need to have a net worth of $250,000 and a total liquid asset of at least $45,000. Expect to be investing about $85,000 to $98,000. The cost of Pop-A-Lock franchise fee is $15,500 with an on-going royalty fee of 6%. This is for a renewable 10 year term agreement. You will need about three to 10 employees to run one location. They allow multi-unit ownership and absentee ownership.
What is included in the franchise package?
There will be one week training at the headquarters, one to two weeks at your location, and technician or employee training for about one to two weeks. You will be receiving newsletters and a toll free phone number. You will be provided assistance at the grand opening. You will be given access to the internet and to purchasing cooperatives. Expect to be attending meetings and receiving occasional field evaluations. For marketing support, there will be ad slicks and regional advertising.
Pop-A-Lock Contact Details
You may reach them at:
Phone: (800) 767-2562