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Pop-A-Lock

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Pop-A-Lock
1018 Harding St., # 101
Lafayette, LA 70503-2400
800#: (877) 235-6211
Tel: (337) 233-6211
Fax: (337) 233-6655
E-Mail: [email protected]
Web Site: www.pop-a-lock.com
Contact: Mr. Michael Kleimeyer, Director of Franchise Sales


POP-A-LOCK is America's largest locksmith, car door unlocking, and roadside assistance service. We provide fast, professional, guaranteed service using our proprietary tools and opening techniques. We offer an outstanding community service through our emergency car door unlocking program. You will provide lockout and roadside assistance to the public, businesses and various motor clubs. Franchisees are presently authorized but not required to offer full locksmith services.




Franchisor Background


Established: 1991
First Franchise: 1994
Franchise Units: 107
Company-Owned Units: 5
Total Units: 112

Distribution:
U.S. -- 111; Canada -- 0; International -- 1
-North America -- Operations in 34 States
-States/Provinces with Greatest Density: 22 in TX, 16 in FL, 14 in LA

Projected New Units Over Next 12 months: 75
Franchisee Qualifications: 5, 4, 5, 3, 3, 3
(Click here for an explanation)

Registered in Following Registration States: CA,CT,FL,IL,IN,MI,MN,NY,RI,VA,WI (Click here for an explanation)
Average Number of Employees: 2 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: NA SF; HB, Mobile Bus. (Click here for abbreviations)
Encourage Conversion: NA


Financial Requirements

Cash Investment: $NA
Total Investment: $97.6-741.5K
Average Total Investment: $97.6K
Minimum Net Worth: $Varies

Fees:
-Franchise: $22.5K+45/1000
-Average Franchise Fee: $45.0K
-Royalty: 6%
-Average Royalty: 6.0%
-Advertising: 1%

Provide Earning Claim Statement: No


Terms of Contract

Term of Contract (Years): 10/10
Passive Ownership: Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes


Franchisor Support and Training Provided

Site Selection Assistance: Yes
Lease Negotiation Assistance: NA
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/No
Size Of Corporate Staff: 11
On-Going Support: b,C,d,E,G,h,I (Click here for an explanation)
Training: 10 Days in Lafayette, LA.


Franchisor's Specific Expansion Plans

U.S.: All United States
Canada: Toronto
Overseas: China

Note: NR = No Response by Franchisor.
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