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.
Initial investment · Item 7
The Flying Locksmiths
$146,741 – $397,595
2026 FDD · Item 7 · PDF p. 18Up Closets
$95,350 – $1,500,000
2026 FDD · Item 7Initial franchise fee · Item 5
The Flying Locksmiths
$75,000
2026 FDD · Item 5 · PDF p. 11Up Closets
$49,000
2026 FDD · Item 5 · PDF p. 12Royalty · Item 6
The Flying Locksmiths
8% · percent of Gross Revenue
2026 FDD · Item 6 · PDF p. 13Up Closets
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
2026 FDD · Item 6 · PDF p. 72Before you compare
- Both sets of figures come from 2026 FDDs.
- Up Closets discloses 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.
Financial commitment
The Flying Locksmiths
Up ClosetsThe Flying Locksmiths
Up Closets
The Flying Locksmiths
Up Closets
The Flying Locksmiths
Up Closets
The Flying Locksmiths
Up Closets
System scale & health
The Flying LocksmithsUp ClosetsThe Flying Locksmiths
Up Closets
The Flying Locksmiths
Up Closets
The Flying Locksmiths
Up Closets
The Flying Locksmiths
Up Closets
The Flying Locksmiths
Up Closets
Financial performance (Item 19), by location group
The Flying LocksmithsUp ClosetsItem 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.
The Flying Locksmiths vs Up Closets: common questions
- Which costs less to open, The Flying Locksmiths or Up Closets?
- The Flying Locksmiths: $146,741 – $397,595 (2026 FDD · Item 7 · PDF p. 18); Up Closets: $95,350 – $1,500,000 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Up Closets. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
- How do The Flying Locksmiths and Up Closets royalties compare?
- The Flying Locksmiths: 8% · percent of Gross Revenue (2026 FDD · Item 6 · PDF p. 13); Up Closets: 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 (2026 FDD · Item 6 · PDF p. 72). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, The Flying Locksmiths or Up Closets?
- The Flying Locksmiths: 95 (2026 FDD · Item 20 · PDF p. 50); Up Closets: 44 (2025 FDD · Item 20 · PDF p. 52). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do The Flying Locksmiths and Up Closets disclose financial performance (Item 19)?
- The Flying Locksmiths has reviewed Item 19 figures for 3 location groups; Up Closets has reviewed Item 19 figures for 1 location group. Different location groups are not directly comparable, and revenue is not profit.
Answers restate the reviewed figures above. Not a ranking or recommendation.
Keep researching
Full The Flying Locksmiths report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full Up Closets report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
