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Pop-A-Lock

Yes, we actively support the inclusion and development
of minority-owned franchises in the Pop-A-Lock system.

Pop-A-Lock
1018 Harding St., # 101
Lafayette, LA 70503-24
Top100

Submit an online form to receive information from Pop-A-Lock.
Business Description

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 industry.

Franchisor Background

Year Established:  1991

Franchising Since:  1994

Operating Units:

Franchised Units:

182

100%
Company-Owned Units:00%
 
Total Operating Units:
182
100.0%
 
Minority Representation
Units Owned by Minorities:
African-American:0
Asian-American:0
Hispanic:0
Native American:0
Other:0
Specific Minority
  Program(s) in place:
Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
 
Geographic Distribution:
U.S.:182100%In 40 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
182
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Florida17
2. Louisiana14
3. Texas22

Registered in Following Registration States: California, Florida, Illinois, Indiana, Michigan, Minnesota, New York, Rhode Island, Virginia, Wisconsin

Financial Requirements

Investment:
Minimum Net Worth: $250-400K
Cash Investment:$30-120K
Total Investment:$100-350K
Average Total Investment:$225K
 
Fees:
Initial Franchise Fee:$29K+$66/1000 of population
Average Franchise Fee:$62K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:1%
 
Average Number of Employees: 2 Full-time, 2 Part-time

Space Needs (in square footage):

Preferred Sites: Home-based

Other Sites: Mobile

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:4
General Business Experience:5
Specific Industry Experience:1
Formal Education:3
Psychological Profile:3
Personal Interview(s):4
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:Yes, Member
Size of Corporate Staff: 11
Site Selection Assistance?Not Applicable
Lease Negotiation Assistance?Not Applicable
Financial Assistance?Yes, Indirect
 
Marketing Support:
Co-Op Advertising:No
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:None Specified
Additional Services:None Specified
Other Marketing Support:Yes
 
On-Going Support:
Central Data Processing:Included in Fees
Central Purchasing:At Additional Cost
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:At Additional Cost
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:At Additional Cost
800 Telephone Hotline:Included in Fees
 
Training:
1. Lafayette, LA10 Days + Additional Local
 
Expansion Plans
 
Projected New Units Over Next 12 months: 38

U.S.:

Yes, All United States
Canada: Yes, Toronto/GTA
Overseas: Yes, Ireland, UK, China
Submit an online form to receive information from Pop-A-Lock.