Wednesday
May262010
Pop-A-Lock Franchise
Locksmithing & roadside assistance services
Start-up Costs & Franchises Fees
What is the total cost to open a Pop-A-Lock Franchises?
Total Cost: $120,000 USD
Total Franchise Fees: $29,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees: Not Available
Term of Agreement: 10 years
Contact Information for Pop-A-Lock
|
Pop-A-Lock Franchise System |
Phone Number: (337)233-6211 |
Historical Expansion
In what year did Pop-A-Lock begin operations? 1991
When did Pop-A-Lock begin selling franchises? 1994
Year United States Canada International Corporate 2006 158 0 0 2 2005 134 0 0 0 2004 118 0 1 2 2003 103 0 0 0
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes