K&N Mobile Franchises

At a Glance

Products & Services: Parts sales to machinery, equipment & auto shops

Number of Locations: 24

Total Investment: $56.8K - $170.8K

Founded: 1974

Began Franchising: 2008

Franchise Units

Year U.S. Canadian International Company Owned
2013 15 0 0 9
2012 13 0 0 8
2011 11 0 0 9
2010 9 0 0 12
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $56,755 - $170,750
Franchise Fee: $28,500
Ongoing Royalty Fee: 9%
Term of Franchise Agreement: 5 years, renewable
Veteran Incentives: Royalty fee waived for 6 months
Financial Requirements
Net Worth: $100,000
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. 5% of all franchisees own more than one unit. Absentee ownership of franchise is allowed. (92% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week. At franchisee's location: 3 weeks. Online training as needed
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Other marketing support: Website, promotional items

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