101 Mobility
Mobility and accessibility equipment sales and services

About
Founded

2008

Franchising Since

2010 (10 Years)

Corporate Address

5221 Oleander Dr.
Wilmington, NC 28403

Leadership

Mark Baker, President

Parent Company

Cortec Group

Financial Requirements
Initial Investment

$118,390 - $216,220

Net-worth Requirement

$250,000

Liquid Cash Requirement

$100,000

Ongoing Fees
Initial Franchise Fee

$35,000 - $60,000

Ongoing Royalty Fee

5-7%

Ad Royalty Fee

1.25%

Financing Options

101 Mobility offers in-house financing to cover the following: franchise fee

101 Mobility has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives

$5,000 off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

On-The-Job Training:

40 hours

Classroom Training:

40 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

4

Cost
Initial Investment: Low - $118,390 High - $216,220
Units
-2.9%-5 UNITS (1 Year) +19.7%+28 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 24th, 2020