101 Mobility
#134 Franchise 500| Mobility and accessibility equipment sales and services

About
Founded

2008

Franchising Since

2010 (8 Years)

Corporate Address

5221 Oleander Dr.
Wilmington, NC 28403

CEO

David Pazgan

Parent Company

Cortec Group

Financial Requirements
Initial Investment

$116,560 - $215,120

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 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

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

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:

80 hours

Absentee Ownership Allowed
Number of Employees Required to Run:

4

101 Mobility is ranked #134 in the Franchise 500!
Cost
Initial Investment: Low - $116,560 High - $215,120
Units
+23.2%+33 UNITS (1 Year) +96.6%+86 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
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

Why Dunkin' Donuts Is Removing 'Donuts' From Its Name

What does this rebrand mean for the doughnut franchise?

Papa John's Files Trademark to Lose Its Apostrophe and Spotlights New 'Papas' Who Aren't Its Founder

Grammar is only one tactic the pizza chain is using to distance itself from John Schnatter.

Chick-fil-A Makes More Per Restaurant Than McDonald's, Starbucks and Subway Combined … and It's Closed on Sundays

Why a restaurant that's closed on Sundays makes more per restaurant than any other fast food restaurant in the country.

Here is Why Mahindra First Choice is Betting High on Used Premium Car Segment

The ratio of used cars to new cars in India is roughly 1.2: 1.

5 Steps of the New Model of Revenue Recognition for Franchisors

The new rules around revenue recognition are lengthy and complex. Here's what you need to know.

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: August 23rd, 2017
My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.