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Entrepreneur: Start & Grow Your Business

Yakety Yak Wireless

Wireless services & related products

Background

Founded: 1999 Franchising since: 2005
3400 Irvine Ave., #118
Newport Beach, California 92660
Phone:
(949)851-1900


Franchisor has 11 employee(s); 11 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 30 0 0 0
2008 36 0 0 0
2007 37 0 0 0
2006 10 0 0 0
2005 5 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 1-mile radius

Costs and Fees

Total investment: $79K-301.5K
Franchise fee: $29K
Ongoing royalty fee: $300-1K/mo.
Term of agreement: 5 years, renewable
Express/kiosk option available

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

Qualifications
Net worth requirement: $100K-200K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience

Operations
  • Number of employees needed to run franchised unit: 2 - 2
  • Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 2 weeks
  • Daily conference calls

Ongoing Support
  • Newsletter
  • Meetings
  • Grand opening
  • Internet

Marketing Support
  • Ad slicks
  • National media
  • Regional advertising

Rankings

Franchise 500® rank:
#470 (2008);

Top New Ranking:
#49 (2008);