FranDB
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.

Since 1994ServicesLafayette, LAwww.popalock.com
No Item 19SBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$169,565.95 - $227,610.95
Franchise Fee
$75,000
Locations
397

Financial Requirements

Franchise Fee$75,000
Initial Investment Range$169,565.95 - $227,610.95
Royalty Rate7.00%
Brand Fund1.00%
0

7% royalty + 1% ad fund

Franchise Stats

Franchise Locations397
Corporate Locations7
States Operating52
Franchising Since1994
FDD Year2024

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 to Other Security Services Franchises

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
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
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 by Outlet Count
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 (2014 - 2025)

Total Loans
17
Average Loan Amount
$550,000
Total Loan Volume
$9,350,000
Default Rate
11.8%

Loans by Year

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

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation 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 in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
1
Non-Renewals
1
Reacquired by Franchisor
0
Ceased Operations (Other)
10
System Transfers
4
Sold to Franchisees
0
Projected New Franchises
3

Frequently Asked Questions

How much does it cost to open a Pop-A-Lock franchise?

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.

How many Pop-A-Lock franchise locations are there?

As of the 2024 FDD, Pop-A-Lock has 397 franchise locations. The company has been franchising since 1994.

Can you get an SBA loan for a Pop-A-Lock franchise?

Yes, SBA loans are available for Pop-A-Lock franchises. Historical data shows 17 SBA 7(a) loans have been approved for Pop-A-Lock franchisees, with an average loan amount of $550,000. The historical default rate is 11.8%.

Is Pop-A-Lock a good franchise to buy?

Pop-A-Lock shows several positive indicators: established brand with 397+ locations. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in Pop-A-Lock?

Talk to a franchise advisor to get personalized guidance and learn if Pop-A-Lock is the right fit for you.

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