Pop-A-Lock

Pop-A-Lock began in 1991 as a car door unlocking service and is now the largest car door unlocking service in the United States. Pop-A-Lock guarantees its services and stands behind its 24-hour availability.

Pop-A-Lock continues to be the leader in the car door unlocking business by providing our customers fast, professional service at competitive rates. Over the years, the company has grown to include Emergency Roadside Assistance Services and Locksmith Services in addition to the Car Door Unlocking Service.

BACKGROUND

Established: 1991
1st Franchised: 1995
Franchised Units: 106
Company Owned Units: 1
Projected New Units (12 Months): 100
Registered: CA, VA, MI, NY, FL, TX, IL (pending) / Willing to register in other states upon request

FINANCIAL/TERMS

Cash Investment: $37K plus working capital
Total Investment: $ 37K plus working capital plus $20K when locksmith commences
Minimum Available Cash: $20 - $50K
Franchise Fee: $20K plus $40 per 1,000 of population in the territory
Royalty: 6%
Ad: 1%
Average Number Of Employees: 3
Passive Ownership: Yes

SUPPORT & TRAINING PROVIDED

Financial Assistance Provided: No
Site Selection Assistance: N/A
Lease Negotiation Assistance: N/A
Co-Operative Advertising: No
Training: Owner Training provided at no charge--5 days
Technical Training @ $1,500 per person--10 days

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