- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$73K - $177K
- Units as of 2017
-
49 600.0% over 3 years
Company Overview
About Staymobile
Industry | Tech Businesses |
---|---|
Related Categories | Electronics Repairs/Sales, Electronics Stores, Miscellaneous Services, Miscellaneous Tech Businesses |
Founded | 2009 |
Parent Company | Staymobile Franchising LLC |
Leadership | Brian Hutto, CEO |
Corporate Address |
1850 Parkway Pl., #720 Marietta, GA 30067 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2012 (12 years) |
---|---|
# of employees at HQ | 35 |
Where seeking |
This company is offering new franchises worldwide. This company is offering new franchises in the following US states: |
# of Units | 49 (as of 2017) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Staymobile 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
|
$35,000 |
---|---|
Initial Investment
|
$72,500 - $176,500 |
Net Worth Requirement
|
$200,000 |
Cash Requirement
|
$50,000 |
Veteran Incentives
|
20% off franchise fee |
Royalty Fee
|
7% |
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 | Staymobile has relationships with third-party sources which offer financing to cover the following: startup costs, equipment |
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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 | 50 hours |
---|---|
Classroom Training | 50 hours |
Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
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 | 3 |
Are exclusive territories available?
|
Yes |
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