Franchise opportunities compared
The Flying Locksmiths vs Up Closets
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.
Before you compare
- Both sets of figures come from 2026 FDDs.
- The Flying Locksmiths and Up Closets disclose more than one business format, so the investment range spans formats; the full report breaks them out.
- Item 19 figures cover the location groups each FDD names (The Flying Locksmiths: 3, Up Closets: 1). Different groups are not directly comparable.
| Disclosure | TFThe Flying Locksmiths | Up Closets |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $0.00 – $397,595 2026 FDD · Item 7 | $95,350 – $1,500,000 2026 FDD · Item 7 |
| Standard initial franchise fee (Item 5) | $75,000 2026 FDD · Item 5 · PDF p. 11 | $49,000 2026 FDD · Item 5 · PDF p. 12 |
| Royalty (Item 6) | 8% · percent of Gross Revenue Royalty 2026 FDD · Item 6 · PDF p. 13 | 4% · percent of Gross Sales; 6% up to $1,000,000, 5% between $1,000,000 and $2,000,000, and 4% above $2,000,000 Royalty Fee 2026 FDD · Item 6 · PDF p. 72 |
| Brand / advertising fund (Item 6) | 1% of gross revenue National Advertising and Marketing 2026 FDD · Item 6 · PDF p. 15 | 0% of the gross revenue of your franchised business during the preceding month Brand Fund Contribution 2026 FDD · Item 6 · PDF p. 18 |
| System scale & health | ||
| Total outlets (Item 20) | 95 Outlets at end of 2024 2026 FDD · Item 20 · PDF p. 50 | Not available No reviewed outlet counts |
| Net outlet change (Item 20) | +1 Calculated: 94 at end of 2022 → 95 at end of 2024 | Not available Only one year reported |
| Outlet exits (Item 20) | Not available No complete exit records for a year | Not available No complete exit records for a year |
| Franchising since (Item 1) | March 2015 2026 FDD · Item 1 · PDF p. 9 | 2022 2026 FDD · Item 1 · PDF p. 9 |
| Franchisor founded (Item 1) | January 1, 2015 2026 FDD · Item 1 · PDF p. 8 | 2022 2026 FDD · Item 1 · PDF p. 8 |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | 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 | Locations counted not stated in the reviewed record 372 consultations other Number of Consultations · 2026 FDD · Item 19 · PDF p. 50 |
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.
