Alair Homes Master Franchises vs The Flying Locksmiths
Franchise Comparison 2026
Both Alair Homes Master Franchises and The Flying Locksmiths are home services franchises. Alair Homes Master Franchises requires an investment of $273K – $287K while The Flying Locksmiths requires $150K – $400K. The Flying Locksmiths discloses average revenue of $714K; Alair Homes Master Franchises makes no financial performance representation in its Item 19, which is voluntary under the FTC Franchise Rule. Note: Averaged per franchisee, not per outlet - not comparable with per-outlet figures. The Flying Locksmiths has SBA lending data on file with a 6.9% charge-off rate. FranchiseVerdict rates Alair Homes Master Franchises C (Average) and The Flying Locksmiths B (Above average).
| Metric | Alair Homes Master Franchises | The Flying Locksmiths |
|---|---|---|
| Verdict Grade | CAverage | BAbove average |
| Investment Range | $273K – $287K | $150K – $400K |
| Franchise Fee | $250KMaster/area fee | $75K |
| Royalty Rate | The Master Franchisee pays no ongoing percentage-of-sales royalty; instead it receives 50% of the Net Franchise Fee and a service fee equal to 50% of Net Payments (royalties collected from Alair Homes Unit Franchisees). | 8.0% |
| Average Revenue (Item 19) | N/ANo Item 19 representation | $714KPer franchisee, not per outlet |
| SBA Charge-Off Rate | N/A | 6.9% (51 loans) |
| Total Units | 17 | 93 |
| Unit Growth (YoY) | +0 units | -1 units |
| Year Began Franchising | 2013 | 2015 |
| FDD Year | 2023 | 2024 |
Investment Range
$273K – $287K
$150K – $400K
Franchise Fee
$250KMaster/area fee
$75K
Royalty Rate
The Master Franchisee pays no ongoing percentage-of-sales royalty; instead it receives 50% of the Net Franchise Fee and a service fee equal to 50% of Net Payments (royalties collected from Alair Homes Unit Franchisees).
8.0%
Average Revenue (Item 19)
N/ANo Item 19 representation
$714KPer franchisee, not per outlet
SBA Charge-Off Rate
N/A
6.9% (51 loans)
Total Units
17
93
Unit Growth (YoY)
+0 units
-1 units
Year Began Franchising
2013
2015
FDD Year
2023
2024