- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$144K - $214K
- Units as of 2015
-
211
Company Overview
About Zounds Hearing
Industry | Health & Wellness |
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Related Categories | Miscellaneous Health Products, Miscellaneous Health Services |
Founded | 2009 |
Leadership | Kyle Kennedy, CEO |
Corporate Address |
9365 S. McKemy St., #105 Tempe, AZ 85284 |
Social |
Business Overview
Franchising Since | 2011 (13 years) |
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# of employees at HQ | 115 |
Where seeking |
This company is offering new franchises in the following US states: |
# of Units | 211 (as of 2015) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Zounds Hearing 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
|
$40,000 |
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Initial Investment
|
$144,200 - $214,450 |
Net Worth Requirement
|
$250,000 |
Cash Requirement
|
$144,000 - $214,000 |
Royalty Fee
|
5% |
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 | Zounds Hearing has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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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.
Classroom Training | 32 hours |
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Ongoing Support |
Meetings & Conventions
Grand Opening
Lease Negotiation
Field Operations
|
Marketing Support |
Co-op Advertising
|
Operations
Additional details about running this franchise.
Can this franchise be run from home/mobile unit?
|
No |
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Can this franchise be run part time?
|
No |
# of employees required to run | 1-2 |
Are exclusive territories available?
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Yes |
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