Device Pitstop LLC

Device Pitstop LLC

Not Ranked

Initial Investment

LOW: $171,000
HIGH: $249,000

Change in Units

+16.7% +2 UNITS (1 Year)
+100.0% +12 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

2013

Franchising Since

2013 (3 Years)

Corporate Address

4350 Baker Rd., #350 Minnetonka, MN 55343

CEO

Ron Olson

Parent Company

NTY Franchise Co.

Financials

Financial Requirements

Initial Investment

$171,000 - $249,000

Net-worth Requirement

$400,000

Liquid Cash Requirement

$75,000 - $80,000

Ongoing Fees

Initial Franchise Fee

$20,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

$2K/yr.

Financing Options

Device Pitstop LLC has relationships with third-party sources which offer financing to cover the following: 
equipment, inventory

Veteran Incentives


$2,500 rebate on franchise fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 4 days

Training at headquarters: 16 days

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

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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 30th, 2016

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