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Automotive Franchise Opportunity - Automotive Franchise Business for Sale

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Automotives

Pop-A-Lock

Pop-A-Lock automotive franchisAs the locking and latching systems turned more technologically sophisticated and new features like side-impact airbags were introduced in cars, the ex- law enforcement officers of Lafayette, Louisiana, felt it necessary to implement advanced tools and equipment into vehicles. Thus, the concept of Pop-a-Lock was born in 1991. The specialized vehicle door unlocking services offered by the organization took almost no time in gaining public acceptance and within a few years, Pop-a-Lock grew into one of the fastest developing franchises in the field of automotive services. The organization that began franchising in 1995, now successfully include a wide range of residential and commercial car-owners in its customer-base. Today, its 130 franchised units, spreading over 2500 cities of 37 American states, serve over 100 million people!

Credited for breaking new grounds in the industry, Pop-a-Lock has shown tremendous expertise in locksmith services that include areas of lock installation and repairing as well as key cutting. The emergency roadside assistance offered by the skilled professionals of the company has also proved to be quite advantageous for car owners. Moreover, the services are provided at cost-effective rates and are available 24/7 throughout the year. A regular member of the “Franchise 500” list of Entrepreneur magazine and a part of the “Top 100 Franchises” of Bond magazine, the Pop-a-Lock brand is also a popular choice among aspiring entrepreneurs. Why?

Firstly, the income potential is huge, as the demand for these services is at an all-time high. You don’t need to have technical experience to start this business. Moreover, the start-up cost as well as the inventory requirement is quite low. You will be provided with exclusive business territories also. The “Sustainable Strategic Competitive Advantages” Pop-a-Lock offers you will help you considerably in operating your franchise. The live and online marketing and technical assistance provided by your franchisor too will help you to make progress in this highly rewarding franchising arena.

BACKGROUND

Established: 1991
1st Franchised: 1995
Franchised Units: 150
Company Owned Units: 0
Projected New Units (12 Months): 100
Registered: All of United States (Currently NOT accepting referrals from the following areas: Louisiana as well as the areas listed on the Pop-A-Lock website under Locations)

FINANCIAL/TERMS

Cash Investment: N/A
Total Investment: N/A
Minimum Available Cash: N/A
Franchise Fee: $29K for 1/ 2 million of population, plus $66.00 per 1,000 of population in the territory
Royalty: 6%
Ad: 1%
Average Number Of Employees: 6
Passive Ownership: Yes

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