Pop-A-Lock

Pop-A-Lock

Pop-A-Lock franchises provide mobile locksmith services including commercial and residential locksmithing, security systems, automotive lockouts and vehicle services, door unlocking, and 24/7 emergency roadside assistance. Franchisees use proprietary methods, tools, trademarks, and systems developed by the franchisor to serve businesses, homeowners, vehicle owners, and the general public, with required participation in community programs like PAL Saves Kids. The business model focuses exclusively on franchising with no company-owned locations.

397
Locations
$170K–$228K
Investment
Since 1994
Franchising
ServicesLafayette, LAwww.popalock.comDisclaimer

Franchise Costs


Franchise Fee
$75,000
Item 5 of FDD
Initial Investment Range
$169,565.95 $227,610.95
Low: $169,565.95High: $227,610.95
Item 7 of FDD
Royalty Rate
7.00%
of gross sales
Brand Fund
1.00%
Item 6 of FDD

7% royalty + 1% ad fund

Financial Performance


Item 19 Financial Performance

This franchise did not provide Item 19 financial performance data.

Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.

Extracted Item 19 Section

How Pop-A-Lock Compares


Key Insights

  • Higher investment than 100% of Security Services franchises
  • #2 largest franchise system in Security Services
  • Lower than average SBA loan default rate in Security Services
FranchiseInvestmentFeeRoyaltyLocations
Pop-A-Lock
Current
$170K – $228K$75K7.0%397
SIGNAL 88 SECURITY$158K – $5.2M$150K4.0%1,650
THE FLYING LOCKSMITHS$147K – $398K$75K8.0%94
BLUE EAGLE INVESTIGATIONS$57K – $166K$50K20.0%16
Silbar Security$92K – $216K$50K5.0%7
GOJOE PATROL$91K – $152K$45K5.0%2
Security Services Average
6 franchises
$119K – $1.1M$74K8.2%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 6 Security Services franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States
1TX
38
2CA
34
3NY
31
4AZ
28
5PA
25
6WA
22
7OH
21
8FL
20
9MA
20
10MO
19
11LA
16
12VA
13
13IN
12
14MI
11
15NC
10

+36 more states

SBA Loan History


Historical SBA 7(a) loan data for Pop-A-Lock franchisees (20142025)

Total Loans
17
Average Loan
$550,000
Total Volume
$9.3M
Default Rate
11.8%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts


155 franchisee contacts on file from official FDD filings.

NameSBA Loan
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active
John Smith
ABC Franchise LLC
$350,000
2023 · Active

155 Contacts Available

Unlock all Pop-A-Lock franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases1

One arbitration initiated by franchisor against a franchisee to enforce restrictive covenants and collect royalties.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
1
Non-Renewals
1
Reacquired
0
Ceased Ops
10
Transfers
4
Sold to Franchisees
0
Projected New
3

Frequently Asked Questions


The total initial investment to open a Pop-A-Lock franchise ranges from $169,565.95 to $227,610.95. This includes a franchise fee of $75,000. Ongoing royalty fees are 7.0% of gross sales.

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