Franchise FAQ

how much is a lockrite franchise

by Zola Ledner Published 1 year ago Updated 1 year ago
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Full Answer

How much does a LockRite franchise cost?

To start a LockRite franchise, you’ll need to invest £29,750. LockRite also recommend that all potential franchisees have three months’ working capital to start with.

What funding is available for a LockRite franchise?

Funding support may be available from third party lenders, including most major high street banks.

Do you need to be a locksmith to start a LockRite franchise?

While many franchisees come from a background in locksmithing and security, it’s not essential to have prior experience, as all training will be provided by LockRite as part of the franchise fee.

What type of franchise is LockRite?

LockRite is a van-based franchise , which is run completely from your own branded van. This can be a great opportunity for anyone looking for a flexible business opportunity, as it does not require any fixed premises to run the business from.

What does the LockRite franchise training programme comprise?

LockRite provides an extensive training course for all franchisees. This begins with a four-week course in practical locksmith techniques, which covers everything from basic fundamentals such as key cutting, to more advanced, specialist processes. As part of the course, you will also receive additional training from one of its industry partners, Yale, one of the most well known brands in the lock industry.

Is there a forum available for LockRite franchise owners?

LockRite franchisees can find support available through their dedicated call centre, which provides support with practical and business queries. Franchisees can also connect with other neighbouring franchisees in the region and nationally, and exchange support, ideas and advice through their national forum.

What equipment do you receive with your LockRite franchise?

This package includes professional power tools, specialist locksmith equipment, and all other practical materials.

LockRite makes entry into the locksmith trade easy..

LockRite is the largest uniformed Locksmith company in the UK, specialising in both commercial and domestic locksmith services. A partnership with LockRite gives you a market leading business startup.

The Package: What's Included in the Franchise?

A comprehensive training programme prepares you to deliver a highly skilled locksmith service.

The Training: What Does the Training Involve?

Your comprehensive training takes place at our purpose-built training facility based at our Head Office in Exeter. You will complete a minimum of 4 weeks of theory and practical training covering all the fascinating aspects of locksmithing.

Your Territory to Build and Develop Your Customer Base

Once you have been accepted as a LockRite Locksmith, you will be allocated your own protected territory, where you will be able to develop a strong customer base. We also allocate you a much larger “call-out” territory which is not exclusive, but will provide you with additional work if you’re prepared to travel.

Advertising and Work: Where Does My Work Come From?

From your first day of trading, you’ll have a number of bespoke websites, optimised to get the best possible response and generate leads.

National Accounts

We are constantly acquiring and working with large national companies, who have a need for our services and have built up a significant portfolio of well-known clients.

The Lockrite Van: Your Mobile Workshop and Billboard Advertisement

Your van is fully fitted out, sign written, and equipped with a mains power inverter; it’s your mobile workshop and billboard advertisement. Packed with all your quality tools and stock, mobile key cutting facilities and sporting the LockRite locksmith branded work wear - you’re ready for business.

Profitable and rewarding locksmith franchise with proven results and fantastic earning potential

Do you have an interest in the locksmith trade and want to start your own business? Our locksmith franchise is a rewarding opportunity to build a lasting and successful business you will be passionate about. Start your own locksmith business with the peace of mind that comes with joining an established brand in the industry.

Visit our franchising website to find out more and apply today

"Now I am a fully trained Locksmith with my own large territory, fully kitted out and sign written van, constant work from day 1 and a team, or should I say work family, behind me helping us all succeed for the future."

Does LockRite franchise?

LockRite does use the franchise model, with franchisees running mobile businesses across the country. Each franchisee is given a territory in which to operate, minimising competition between franchisees.

History of LockRite

From humble beginnings in 2007 to nationwide franchise, LockRite has enjoyed a successful journey so far. In just three years, it had 30 franchises across the country, which grew to 50 franchises in another three years. It has since partnered with multinational security company Gunnebo and security giant Yale.

Starting a LockRite franchise unit

You don’t need to be a locksmith to run a LockRite franchise. You’ll be trained from the experts before you start to visit clients’ homes, but a keen interest in locksmithing certainly helps to make your business a success. Most LockRite franchisees are practical by nature, which makes it easier for picking up the skills.

Get started

Ready to explore your locksmithing dreams? Take a look at LockRite’s profile page to get a feel for the opportunity. You can also request information from the page for a full lowdown on what being a franchisee is really like.

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