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Home >> Retail Stores >> Audio and Electronic Stores
| Wireless Zone 4224 Dover Dr. East Bradenton, FL 34203 |
Submit an online form to receive information from Wireless Zone.
|
Business Description
WIRELESS ZONE stores are primarily retail, with strong emphasis on local ownership, networking and community involvement. Franchise provides local field support staff, centralized advertising and purchasing, initial and on-going training and strong commissions and residual income from Verizon Wireless phones, service, accessories, wireless email, etc. Join a winning team!
Franchisor Background
Year Established: 1988
Franchising Since: 1989
North America:
States/Provinces with the largest number of operating units:
Registered in Following Registration States: Maryland, New York, Rhode Island, Virginia
Financial Requirements
Average Number of Employees: 2 Full-time, 1 Part-time
Space Needs (in square footage): 1,000
Preferred Sites: Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
WIRELESS ZONE stores are primarily retail, with strong emphasis on local ownership, networking and community involvement. Franchise provides local field support staff, centralized advertising and purchasing, initial and on-going training and strong commissions and residual income from Verizon Wireless phones, service, accessories, wireless email, etc. Join a winning team!
Franchisor Background
Year Established: 1988
Franchising Since: 1989
| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 280 | 100% | | ||||||||||||||||||||||||||||
| Company-Owned Units: | 0 | 0% | |||||||||||||||||||||||||||||
Total Operating Units: | 280 | 100.0% | |||||||||||||||||||||||||||||
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States/Provinces with the largest number of operating units:
| Density | Units |
| 1. Connecticut | 46 |
| 2. New York | 23 |
| 3. Pennsylvania | 38 |
Registered in Following Registration States: Maryland, New York, Rhode Island, Virginia
Financial Requirements
| Investment: | |
| Minimum Net Worth: | $NA |
| Cash Investment: | $40-50K |
| Total Investment: | $60-80K |
| Average Total Investment: | $70K |
| Fees: | |
| Initial Franchise Fee: | $8.5-25K |
| Average Franchise Fee: | $17K |
| On-Going Royalty: | 10% |
| Average Royalty: | 10% |
| Advertising Fee: | $800/Mo. |
Space Needs (in square footage): 1,000
Preferred Sites: Strip Center, Regional Mall
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided?: No
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 2 | ||||||||
| General Business Experience: | 4 | ||||||||
| Specific Industry Experience: | 3 | ||||||||
| Formal Education: | 2 | ||||||||
| Psychological Profile: | 1 | ||||||||
| Personal Interview(s): | 5 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 7 Year(s) | ||||||||
| Term of Renewal Period: | 7 Year(s) | ||||||||
| Passive Ownership: | Allowed, But Discouraged | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | Yes | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | Yes, Member | ||||||||
| Size of Corporate Staff: | 64 | ||||||||
| Site Selection Assistance? | Yes | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Direct | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | No | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Included in Fees | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | Included in Fees | ||||||||
| 800 Telephone Hotline: | Not Applicable | ||||||||
| Training: | |||||||||
| 1. 3rd Party Trainer New Store | 2 Days | ||||||||
| 2. Executive Trainer | Up to 1 Week | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Wireless Zone.
|
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