- 2022 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
- Founded
- 2016
- Parent Company
- BACO Franchising LLC
- Leadership
- Paul Wolbert, Founder and CEO
Franchising Overview
- Franchising Since
- 2016 (6 years)
- # of employees at HQ
- 5
- Where seeking
-
This company is seeking new franchisees in the following US states:
This company is seeking new franchisees in the following international regions:
- # of Units
- 1 (as of 2018)
Franchisor Information
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
- Additional Training
- Additional training as needed
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty 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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