Franchise Facts Report → brands → FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths
FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths franchise — is it worth it?
Risk level — in the report
FlyLock Security Solutions is a home services franchise in the locksmith industry, offering a disclosed Item 19 with revenue figures.
Unlock what the free page above only hints at:
- The actual Item 19 earnings — reported average unit revenue, not just “disclosed.”
- How it compares — every number ranked against home services peers (median & quartile).
- Litigation detail — beyond the case count above: each case, franchisee vs. corporate, with summaries.
- Outlet churn & the questions to ask — behind the net change above: closures, terminations, transfers, and what to put to the franchisor.
Figures above are as disclosed in FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's most recent FDD (registered 2024). Source: California Dept. of Financial Protection and Innovation — Franchise Registration · filing app-29152. The risk level, the Item 19 figures, how it compares to peers, and the litigation & churn detail are in the full report.
How much does a FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths franchise make?
FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths is one of the franchisors that answers this on the record: its most recent FDD makes an Item 19 financial performance representation — actual unit earnings figures, disclosed by the franchisor itself. The average revenue FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths reports, what that figure does and doesn't include, and where it ranks against home services peers are in the full report. See every home services brand that discloses earnings in the Home services & home improvement franchises with disclosed Item 19 earnings ranking.
FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths franchise profit vs. revenue
Revenue is not profit. An Item 19 almost always reports sales — what a location takes in — not what an owner keeps. Out of that number come FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's 8% royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure. The full report sets FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's disclosed revenue against its total ongoing fee load, so you can see what that revenue has to cover before anything reaches you.
FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths lawsuits & legal history (FDD Item 3)
FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's most recently filed Franchise Disclosure Document (2024) does disclose 1 legal proceeding in Item 3 . Item 3 is the item where a franchisor must put its material legal history on the record. Two things it is not: it covers the franchisor and its predecessors, parents and affiliates, so a disclosed case is not necessarily a suit against FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths itself; and a disclosure is a fact, not a finding of wrongdoing — most entries are contract disputes with former franchisees, which every large system accumulates. The full FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths report lists each case with what it was about and how it ended, separates franchisee disputes from corporate and securities matters, and flags the ones a franchisee started — the split that actually matters, because franchisees suing their franchisor is the signal a buyer is looking for.
FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths closures & failure rate
Before you sign, FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's most recent filing shows, and whether it's normal for a home services of this kind.
The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's latest tables show a shrinking franchised network — more units left than opened. The actual closure and termination counts, and how FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's churn ranks against home services peers, are in the full report.
The actual Item 19 earnings, every figure ranked against home services peers, litigation and churn detail — emailed as a PDF.
Who owns FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths?
FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's franchise is offered by TFL Franchise Systems, LLC — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2024), and the entity a franchisee actually signs with. That name comes straight off the filing at CA DFPI; it identifies the franchisor, not necessarily the ultimate parent company behind it.
Home services franchises at a similar investment level
Anyone weighing FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.
FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths franchise — frequently asked
Who owns FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths — who is the franchisor?
FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's most recently filed FDD (2024) names TFL Franchise Systems, LLC as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. A registry filing names the franchisor, not necessarily its ultimate parent company.
How much does a FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths franchise cost?
FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's most recently filed FDD (Item 7) puts the total estimated initial investment at $165,225 – $410,475, with an initial franchise fee of $75,000 and a 8% royalty. That price is the franchisor's own estimate of what it takes to open, not a quote. The full report breaks down every fee line and benchmarks it against home services peers.
How much profit does a FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths franchise make?
FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths discloses unit earnings in Item 19, but that figure is revenue — sales — not profit. Royalties (8% of gross for FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths), the ad fund, rent, payroll and supplies all come out of it, and no FDD discloses what an owner nets. Any FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths franchise profit number quoted elsewhere is an estimate. The full report shows the disclosed revenue against the full ongoing fee load it has to cover.
Does FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths disclose financial performance (Item 19)?
Yes — FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths reports unit-level earnings in Item 19. The full report shows the actual revenue figures and how they rank against home services peers.
Are there lawsuits against FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths?
FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's most recently filed FDD (2024) discloses 1 legal proceeding in Item 3. Item 3 covers the franchisor, its predecessors, parents and affiliates — so a disclosed case is not necessarily a suit against FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths itself, and a disclosure is not a finding of wrongdoing. The full report lists each case, separates franchisee disputes from corporate and securities matters, and flags the franchisee-initiated ones.
Is FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths a good franchise to buy?
That comes down to how FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's investment, earnings, litigation and franchisee churn stack up against home services peers — which is exactly what the full report answers. For $99 you get the risk level and what's driving it, the actual Item 19 earnings (disclosed in this FDD), where every figure ranks against peers, and the specific questions to ask the franchisor before you sign.
Everything the sections above point to, in one place: FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths's risk level and what's driving it, the actual Item 19 earnings, every figure ranked against home services peers, and the litigation & churn detail — with the questions to put to the franchisor before you sign.
Get a free email when something changes on FlyLock Security Solutions (formerly known as The Flying Locksmiths) | The Flying Locksmith | The Flying Locksmiths or home services: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same registries every report is built on.