- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$60K - $233K
- Units as of 2018
-
1
Company Overview
About Kix Mobile
| Industry | Tech Businesses |
|---|---|
| Related Categories | Electronics Repairs/Sales, Electronics Stores, Miscellaneous Maintenance Businesses, Miscellaneous Tech Businesses |
| Founded | 2016 |
| Parent Company | BACO Franchising LLC |
| Leadership | Paul Wolbert, Founder and CEO |
| Corporate Address |
5703 Red Bug Lake Rd., #523 Winter Springs, FL 32708 |
| Social | Facebook, Twitter |
Business Overview
| Franchising Since | 2016 (8 years) |
|---|---|
| # of employees at HQ | 5 |
| Where seeking |
This company is offering new franchises in the following US states: This company is offering new franchises in the following international regions: |
| # of Units | 1 (as of 2018) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Kix Mobile franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$30,000 - $70,000 |
|---|---|
|
Initial Investment
|
$59,700 - $233,000 |
|
Net Worth Requirement
|
$500,000 |
|
Cash Requirement
|
$100,000 |
|
Veteran Incentives
|
15% off franchise fee |
|
Royalty Fee
|
7-5% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Kix Mobile has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 40 hours |
|---|---|
| Classroom Training | 40 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 2-4 |
|
Are exclusive territories available?
|
No |
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