The Flying Locksmiths
Business & Professional Services · Security & Investigations
- Active units
- 92
- Avg unit volume
- $743k
- Royalty
- 8.0%
Franchised, year-end 2023
of weekly Net Sales
About The Flying Locksmiths
FlyLock is a leading security franchise brand in the United States, specializing in advanced security solutions designed to meet the growing demands of both commercial and residential markets. With an impressive projected market value exceeding $600 billion by 2030, FlyLock offers potential franchise owners a unique opportunity to enter a thriving industry. The brand prides itself on being family-owned and operated, fostering a supportive community among franchisees dedicated to excellence and customer service.
Franchisees benefit from a comprehensive support system, including robust training on access control systems, security camera installation, and routine maintenance. FlyLock’s innovative products include state-of-the-art access control technologies, door security solutions, and advanced surveillance systems, positioning franchise owners as leaders in the security sector.
With initial investments ranging from $163,000 to $263,000 and territories available nationwide, FlyLock empowers entrepreneurs to build successful businesses while enhancing community safety. Joining FlyLock means becoming part of a reputable network committed to innovation, quality, and customer satisfaction in the fast-evolving security landscape.
Key terms
- Franchise fee
$75k
- Market-specific discount
10% discount on the initial franchise fee for Cleveland OH; Charleston SC; Birmingham AL; Baltimore MD; and Long Island NY
- Brand fund
1.0% of Net Sales
- Local advertising
200.0% of Net Sales
- Footprint
300 – 500 sq ft
- Veteran discount
5.0% off franchise fee — 5% discount on the initial franchise fee for an honorably discharged U.S. Veteran
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2025, 2026.
Growth
- Total locations94
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate2.2%
Net unit growth versus prior year
- 3-year unit CAGR3.2%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)$353k
Outlets reported for full year; Multi-Territory franchisees may report combined operations; Gross Revenue excludes refunds/credits and taxes and does not refle…
- Annual unit volume (75th percentile)$998k
Outlets reported for full year; Multi-Territory franchisees may report combined operations; Gross Revenue excludes refunds/credits and taxes and does not refle…
- 1-year Median AUV growth rate1.0%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$273k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate8.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 79 of 87 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.