Franchise opportunities compared

    Hello Garage vs The Flying Locksmiths

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Hello Garage

    $165,340 – $205,250

    2026 FDD · Item 7 · PDF p. 16

    The Flying Locksmiths

    $146,741 – $397,595

    2026 FDD · Item 7 · PDF p. 18

    Initial franchise fee · Item 5

    Hello Garage

    $59,500

    2026 FDD · Item 5 · PDF p. 11

    The Flying Locksmiths

    $75,000

    2026 FDD · Item 5 · PDF p. 11

    Royalty · Item 6

    Hello Garage

    5% of gross revenue

    2026 FDD · Item 6 · PDF p. 12

    The Flying Locksmiths

    8% · percent of Gross Revenue

    2026 FDD · Item 6 · PDF p. 13

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (Hello Garage: 1, The Flying Locksmiths: 3). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Hello Garage

    $165,340 – $205,250
    Total
    2026 FDD · Item 7 · PDF p. 16

    The Flying Locksmiths

    $146,741 – $397,595
    TOTAL
    2026 FDD · Item 7 · PDF p. 18
    Standard initial franchise fee (Item 5)

    Hello Garage

    $59,500
    Initial product inventory and certain equipment of $40,000 to $50,000 must also be purchased.
    2026 FDD · Item 5 · PDF p. 11

    The Flying Locksmiths

    $75,000
    2026 FDD · Item 5 · PDF p. 11
    Royalty (Item 6)

    Hello Garage

    5% of gross revenue
    Royalty Fee
    2026 FDD · Item 6 · PDF p. 12

    The Flying Locksmiths

    8% · percent of Gross Revenue
    Royalty
    2026 FDD · Item 6 · PDF p. 13
    Brand / advertising fund (Item 6)

    Hello Garage

    2% of gross revenue
    Hello Garage Brand Fund Contribution
    2026 FDD · Item 6 · PDF p. 12

    The Flying Locksmiths

    1% of gross revenue
    National Advertising and Marketing
    2026 FDD · Item 6 · PDF p. 15

    System scale & health

    Total outlets (Item 20)

    Hello Garage

    87
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 43

    The Flying Locksmiths

    95
    Outlets at end of 2024
    2026 FDD · Item 20 · PDF p. 50
    Net outlet change (Item 20)

    Hello Garage

    −46
    Calculated: 133 at end of 2023 → 87 at end of 2025

    The Flying Locksmiths

    +1
    Calculated: 94 at end of 2022 → 95 at end of 2024
    Outlet exits (Item 20)

    Hello Garage

    30
    Closures, terminations & non-renewals in 2025 · Calculated turnover 25.6% of outlets at start of year
    2026 FDD · Item 20 · PDF p. 43

    The Flying Locksmiths

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Hello Garage

    July 2020
    2026 FDD · Item 1 · PDF p. 1

    The Flying Locksmiths

    March 2015
    2026 FDD · Item 1 · PDF p. 9
    Franchisor founded (Item 1)

    Hello Garage

    Formed in November 2019
    2026 FDD · Item 1 · PDF p. 1

    The Flying Locksmiths

    January 1, 2015
    2026 FDD · Item 1 · PDF p. 8

    Financial performance (Item 19), by location group

    Hello Garage
    Franchised and company-owned (25 locations) — revenue and other measures
    $372,569
    mean Installation Gross Revenue
    2026 FDD · Item 19 · PDF p. 40
    The Flying Locksmiths
    Franchised (69 locations) — revenue
    $1,033,559
    other Gross Revenue
    2026 FDD · Item 19 · PDF p. 47
    Franchised (10 locations) — revenue
    $1,597,412
    other Gross Revenue
    2026 FDD · Item 19 · PDF p. 47
    Company-owned (1 locations) — revenue and costs and profit
    $2,419,567
    other Revenues, net of discounts
    2026 FDD · Item 19 · PDF p. 49

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Hello Garage vs The Flying Locksmiths: common questions

    Which costs less to open, Hello Garage or The Flying Locksmiths?
    Hello Garage: $165,340 – $205,250 (2026 FDD · Item 7 · PDF p. 16); The Flying Locksmiths: $146,741 – $397,595 (2026 FDD · Item 7 · PDF p. 18). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for The Flying Locksmiths. Estimates are not quotes, and the FDD years may differ.
    How do Hello Garage and The Flying Locksmiths royalties compare?
    Hello Garage: 5% of gross revenue (2026 FDD · Item 6 · PDF p. 12); The Flying Locksmiths: 8% · percent of Gross Revenue (2026 FDD · Item 6 · PDF p. 13). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Hello Garage or The Flying Locksmiths?
    Hello Garage: 87 (2026 FDD · Item 20 · PDF p. 43); The Flying Locksmiths: 95 (2026 FDD · Item 20 · PDF p. 50). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Hello Garage and The Flying Locksmiths disclose financial performance (Item 19)?
    Hello Garage has reviewed Item 19 figures for 1 location group; The Flying Locksmiths has reviewed Item 19 figures for 3 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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