Security system companies install and maintain security systems. Some of these companies charge an hourly rate only, while others charge hourly and flat-fees based on whether they have to travel to the customer’s location. A lot of security companies in the United States hire a team of electricians to perform installations. Owners tend to be either electricians themselves or have a deep understanding of the trade.
For a security system business, an ideal client is some one that has a lot to protect. These are usually upper middle class families with small children. Security companies always find it difficult to profit outside of this niche, meaning poorer neighbourhoods are not good candidates for service, even though they may gain from having a security system.
Tthere are two models for this business: independent and franchised. An independent security company may charge whatever they wish for services (whatever the market will bear) while a franchise operation may dictate minimum and maximum charges for services.
But according to industry reports, average installation costs range between $600 and $1,200. Some companies advertise “free” equipment and then charge a higher monthly service fee to make up for it. Also, the monthly costs for monitoring range from $10 on the low end to $100 for premium services.
A client can pay an initial installation cost of between $600 and $1,000. Ongoing monthly maintenance costs range from $10 up to $100 for premium services. Independent alarm businesses can rake in between $100,000 and $1,000,000 in revenue. One-person companies typically average between $50,000 and $60,000 per year.
So if you are fond of technologies and looking for an up-to-date franchise concept, then you should consider a security system franchise. These franchises have a lot of opportunities to sell their services. Both homes and offices are looking for reliable security companies to trust their belongings.
To start a security system franchise, you don’t need to have a lot of funds; some of them don’t require expensive rent or equipment. And also, most of these franchises offer useful trainings for you and your staff on main processes.
If you are interested in joining this industry, discover the best security system franchises for sale and pick up the one which is affordable and suits your business goals.
19 Best Security System Franchise Opportunities and Their Cost
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The Flying Locksmiths
Founded in 1984 in Massachusetts, The Flying Locksmiths Inc is an all-inclusive security provider that offers varying services that range from door closers, piano hinges and exit devices, all the way to card access systems, CCTVS and electric strikes/intercom systems.
Financial Requirements
- Initial Investment: $121,596 – $366,396
- Net-worth Requirement: $200,000
- Liquid Cash Requirement: $90,000
- Initial Franchise Fee: $15,000 – $240,000
- Ongoing Royalty Fee: 8%
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Cinch IT, Inc.
Cinch I.T. solves technology problems for its wide range of clients. They offer computer support, proactive maintenance, network security and strategic consulting.
Financial Requirements
- Initial Investment: $49,000
- Total Investment: $100,000 – $125,000
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Pop-A-Lock
Pop-A-Lock is renowned as one of the largest network of security professionals in North America. There are in over 8,900 communities. The company and its field partners provides an extensive range of locksmith services for automotive, residential and commercial clients, as well as industry leading security installation and repair for residential, commercial and governmental scenarios. Leveraging its “PAL Saves Kids” program, the company have saved over 350,000 children, from locked vehicles, since 1991.
Financial Requirements
- Initial Investment: $30,000
- Total Investment: $100,000 – $150,000
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Tint World
This company specializes in auto and marine accessories and appearance services that include: computerized window tinting, mobile electronics, car audio video, auto security, custom wheels, detailing, nano ceramic coating and auto reconditioning services, thereby creating a unique “Automotive Styling Centers™’. The company also offers Home and Office Window Film Services that specializes in residential, commercial and marine window tinting and security film services.
Financial Requirements
- Initial Investment: $70,000
- Total Investment: $200,000 – $300,000
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ACE/Security Laminates
This company is better known as an internationally recognized company that focuses exclusively on high-end safety films and security laminates for the ultimate in protection of glass available in the industry today. Note that for more than 10 years, ACE has specialized in the manufacturing and worldwide distribution of all their products. When the company’s laminates are applied to glass it becomes capable of resisting the highest level of threat such as explosive blasts, small arms fire, damage caused by severe weather, and damage from civil unrest such as Molotov Cocktails.
Financial Requirements
- Liquid Cash Requirement: $25,000
- Royalties: None
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Rekey Locksmith
With over 2 decades of significant growth, Mr. Rekey Locksmith and Rekey Commercial Lock & Door (*a division of Mr. Rekey Locksmith) are continuing to carve a unique and successful path in the locksmith industry. Presently, since reaching 30 U.S. markets, the company’s next phase of growth will allow the Mr. Rekey brand to be seen on roads from coast to coast. The future is indeed bright for this fast growing franchise, the first of its kind in the locksmithing world.
Financial Requirements
- Initial Investment: $33,000
- Franchise Fee: $10,000 – $30,000
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TeamLogic IT
Founded in 2004 in California, this company offers outsourced information technology services like hardware and software purchasing, installation, assessment, and relocation, networking services, data services and security services to companies.
Financial Requirements
- Initial Investment: $109,550 – $142,800
- Net-worth Requirement: $300,000
- Liquid Cash Requirement: $60,000
- Initial Franchise Fee: $45,000
- Ongoing Royalty Fee: 7%
- Ad Royalty Fee: 1.2%
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ADT
As America’s #1 choice for security, ADT makes it convenient for millions of customers to help protect the things they value most. For over 130 years, millions of homes and businesses have depended on ADT for protection, including federal government facilities and America’s Fortune 500 companies. ADT Authorized Dealers installed over 750,000 security systems last year. Generally, the home security industry experienced record growth in 2004. And since less than 20% of homes currently have security systems, the future is loaded with potential. ADT can also provide assistance to help start a security services business of your own, with affordable start-up costs and the most comprehensive dealer support in the industry.
Financial Requirements
- On Request
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TAD GROUP
TAD GROUP is a cyber security company, established in 2014 in Newport Beach, CA. This company service companies nationwide, making sure they stay ahead of attacks and mitigate future risks. Note that the cyber security franchise offers you the unique opportunity to take a seat on the front row of one of the fastest growing industries. The most valuable asset in today’s digital world is information. By becoming a TAD franchisee you will be able to offer and deliver high-end cyber security services and products following their unique approach.
Financial Requirements
- Initial Investment: $10,000
- Total Investment: $10,000 – $20,000
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PROSHRED
PROSHRED Security is renowned as a mobile information destruction company. It shreds and recycles confidential information and destroys proprietary products for thousands of organizations including: banks, financial institutions, law firms, medical facilities, high tech companies, as well as home office and residential customers. PROSHRED helps individuals and corporations install a security system that help avoid issues with identity theft and is considered a green and environmentally friendly company.
Financial Requirements
- Initial Investment: $250,000
- Total Investment: $365,000 – $500,000
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Big Jerry’s Fencing
This company is overly committed to be the industry leader by upholding the highest standard for customer service and always offering quality products at a competitive price. The company is revolutionizing the fencing industry by hiring the right people and utilizing modern technology to increase its efficiency, all while providing a fair estimate and a hassle-free experience to each and every customer.
Financial Requirements
- Liquid Cash Requirement:$35,000
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Signal 88 Security
Founded in 2003 in Nebraska, this company offers security services for residential, commercial, industrial, event, retail, health care, hotels, and government segments in North America. The company also provides roving vehicle patrol services for multi-family residential communities, home owners’ associations, retail shopping centres, office complexes, storage units, and event and seasonal coverage clients.
Financial Requirements
- Initial investment: $46,950 – $218,650.
- Initial Franchise Fee: $40,000 – $150,000
- Ongoing Royalty Fee: 4%
- Ad Royalty Fee: 5%
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Surveillance Secure
The Surveillance Secure franchise is better known for their cutting edge technology, providing electronic security solutions for commercial clients, which typically includes hospitals, apartment buildings, corporate offices, warehouses, religious institutions, universities, and more. Surveillance Secure’s services include providing surveillance cameras, but also technology in the realms of access control, GPS vehicle tracking, and video recognition + analysis.
Financial Requirements
- Liquid Cash Requirement: $250,000
- Net worth Requirement: $250,000
- Total Investment: $133,070 – $242,250
- Franchise fee: $45,000 – $90,000
- Royalty: 6.0%
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CLICK IT
Started in 2012 by Al Harlow, and with complete computer services, support, and solutions for organizations of all sizes, Click IT is known to focus in Managed I-T Services, Backup and Data Disaster Recovery, Server Virtualization, Secure Email Hosting, MS Office 365, Spam Filtering, Hosted and Cloud Computing solutions, including App Development and Website Design services.
Financial Requirements
- Initial Investment: $126,061 – $196,000
- Liquid Cash Requirement: $39,996
- Initial Franchise Fee: $39,996
- Royalty Fee: 6%
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Alta Mere The Automotive Outfitters
Alta Mere is a well known company that offers a complete auto aftermarket line of accessories including: auto security, video, GPS and paint protection. In addition, this company also offer residential and automotive window tinting.
Financial Requirements
- Initial Investment: $50,000
- Total Investment: $120,000 – $175,000
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GreenLight Mobility
Founded in 2006 by Gregg and Karen Frank, this company is a home modification franchise that creates solutions for the safety and accessibility needs of people living with mobility challenges. GreenLight Mobility boasts of being overly dedicated to helping people remain in the homes they love despite any physical challenges they are faced with.
Financial Requirements
- Initial Investment: $85,550 – $123,300
- Liquid Cash Requirement: $80,000
- Initial Franchise Fee: $38,500 – $43,500
- Ad Royalty Fee: 9%
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Precision Door Service
Established in 1997 in Florida, this company offers repair both residential and commercial garage doors, sell and install new automatic garage doors, providing same-day service, evening and weekend appointments, and 24-hour emergency services.
Financial Requirements
- Initial Investment: $70,855 – $306,955
- Net-worth Requirement: $100,000 – $200,000
- Liquid Cash Requirement: $60,000 – $200,000
- Initial Franchise Fee: $10,000 – $100,000
- Ongoing Royalty Fee: $500-$6K/wk.
- Ad Royalty Fee: 3%
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SHIELD Security Systems
SHIELD Security Systems offers franchise opportunities that are safe, lucrative and rewarding. With a business model backed by comprehensive management training, continuous owner support and a solid national reputation, SHIELD Security Systems leads the industry in helping and supporting new franchises. SHIELD Security Systems is currently looking for people who share their vision of providing the best in security and who want their security business to represent excellence. They offer a dynamic, systematic program to help franchisees seamlessly integrate security into the market. Each SHIELD office is independently owned and operated.
Financial Requirements
- Liquid Cash Requirement: $75,000
- Net worth Requirements: $250,000
- Initial Investment: $74,275 – $125,550
- Initial Franchise fee: $40,000
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Security 101
This company notably focuses on helping clients protect their people, property and profits. They boast of being an expert in providing integrated security systems, including Access Control, CCTVS Systems, Intrusion Alarms and Central Station Monitoring. Coupled with leading-edge technology with superior customer service, they engineer, installs, operate, monitor, manage and maintain sophisticated security solutions for all their commercial clients.
Financial Requirements
- Liquid Cash Requirement: $100,000
When starting a business, it can be overwhelming to think about each and every little thing you have to do and learn. It is widely known that 20% of small businesses fail in their first year, 30% fail in their second year, and 70% fail in their 10th year in business. To avoid being a part of these statistics, you should consider any of the franchises mentioned above.