ReactFast Locksmith Franchise
ReactFast UK Franchise Established in 1996, ReactFast is one of the UK’s largest providers of fast response maintenance services to both domestic and commercial clients. We currently attend over 2000 jobs each week across Locks, Boarding, Glazing, Plumbing, Drainage and Central Heating.
After making the move into Franchising in 2005, ReactFast have seen over 50 Franchisees graduate into the world of plumbing & drainage. Now ReactFast have launched a Locksmith Franchise Opportunity, with work available from day one there couldn’t be a better time to start and then build your own Locksmith business with one of the leading operations in this market.
As a ReactFast Franchisee, not only will you receive four weeks of first class practical and business training, you will also benefit from high volumes of work being passed to you from day one from our ReactFast national call centre - something our competitors view with envy. You will have the security and backing of a multi-million pound organisation, plus the use of the leading ReactFast brand. The significant sales and marketing support leaves you with time to concentrate on your local business, developing it to its full potential.
Training and Support
A 4-week intensive training programme covers theory, practical and sales management. You will acquire all of the necessary skills for dealing with the vast majority of any situations that you are likely to face in your territory.
The ReactFast training course has been designed to incorporate 12 years of completing Lock maintenance jobs. As such the focus is very much being able to complete on real life domestic and commercial security work.
Business Training
In order to take full advantage of the opportunities a ReactFast Franchise offers, it is not enough to simply train as a Locksmith and be equipped with a van, tools and stock - you also require further sales and management training to prepare you for running and growing your new business in every way, this includes:
- • Estimating prices
- • Sales techniques
- • Customer services
- • Book keeping
- • Local Marketing
- • Heath & Safety
Financial Information
Initial Licence fee: £2,500 plus VAT
Total payable to ReactFast for the Franchise is: £19,950 + VAT
This includes your initial fee, training, sales and marketing pack, work wear, IT package including Laptop, Printer and digital camera, PDA, key cutting machine, tools, starter pack of stock, job sheets and other administration material.
Total financial requirement, including working capital is £33,905.50
This financial requirement includes VAT of £7555.50 which will be claimed back on your first VAT return, £5000 working capital and a further £1400 for other items to be purchased by the Franchisee themselves such as insurance and road fund license.
Raising the money
ReactFast has negotiated special bank-loan packages with the major banks, enabling prospective Franchisees to obtain a 5-year bank loan to fund their franchise on favourable terms. If the bank loans you the full 70% of the total cost, your cash stake (the money you need to come up with) will be approximately £10,175.
Who's Ideal for Us
Reactfast is looking for individuals who have: the drive and ambition not just to re-train as a Locksmith, but with the desire to build and expand their business in their exclusive territory. You will need:
- A sufficiently physical ability to undertake the work of a Locksmith
- An ability to work on your own initiative
- An excellent attitude to “customer service” and brand awareness
- The desire and wherewithal to grow your business with the market leader
- A natural instinct for hard work
Apply NOW for this brand new and exciting opportunity with a proven Franchise Business Partner, Click the 'Request Information' Button below for more information Now!
