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Entrepreneur: Start & Grow Your Business

Wireless Zone

Wireless communications store

Background

Founded: 1988 Franchising since: 1989
34 Industrial Park Pl.
Middletown, Connecticut 06457
Phone:
(860)632-9494


Franchisor is a privately-held company with 85 employee(s); 32 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 332 0 0 2
2008 287 0 0 1
2007 249 0 0 0
2006 253 0 0 0
2005 249 0 0 0

Where Seeking Franchisees
Not available in the U.S.

Exclusive territories available.
Territory size: 50,000-100,000 population

Costs and Fees

Total investment: $65.3K-193.5K
Franchise fee: $1K-30K
Ongoing royalty fee: Varies
Term of agreement: 7 years, renewable
Express/kiosk option available

Type of Financing Available
In-House Third Party
Franchise Fee Yes Yes
Startup Costs No Yes
Equipment Yes Yes
Inventory Yes No
Accounts Receivable No No
Payroll No No

Qualifications
Business Experience:
  • General business experience
  • Marketing skills
  • Wireless or retail experience a plus; customer service background

Operations
  • 25% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 4
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • At franchisee's location: up to 5 days
  • At field training store : 1 week

Ongoing Support
  • Newsletter
  • Meetings
  • Grand opening
  • Internet
  • Field operations/evaluations

Marketing Support
  • Co-op advertising
  • Ad slicks
  • Regional advertising

Other marketing support
  • PR

Rankings

Franchise 500® rank:
#185 (2009); #243 (2008); #214 (2007); #135 (2006); #101 (2005);

Ranked #1 in category in:
2009; 2007; 2006; 2005;

Fastest-Growing Franchises:
#82 (2009); #87 (2006); #87 (2005);