- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$121K - $219K
- Units as of 2022
-
196 15.3% over 3 years
Seniors, veterans, and individuals with disabilities can suffer from mobility challenges around the home, a problem that often limits their freedom and independence. 101 Mobility is a brand that addresses this persistent challenge by providing state-of-the-art accessibility solutions and quality customer service.
Since 2008, when Luke Sampson and Keith Barnhardt founded 101 Mobility, the company has striven to fulfill customer needs. The company's most popular solutions include stairlifts, auto lifts, and wheelchair ramps that help individuals navigate their way around the home comfortably.
Since beginning to franchise in 2010, the brand has expanded to include 101 Mobility franchise locations operating in more than 100 territories in the U.S. and Canada. The ideal franchise owner for 101 Mobility is an individual who wants to make a difference in the world.
Why You Should Consider a 101 Mobility Franchise
As a leader in mobility and accessibility solutions, 101 Mobility sets out to impact lives. With the mission to help people regain freedom and independence, 101 Mobility embraces the ideals of sensitivity, care, and responsiveness.
A factor that sets 101 Mobility apart from the competition is its ability to deliver value to customers. 101 Mobility treats its customers with respect and fairness, believing each is special and unique despite the world often ignoring those with mobility issues.
With statistics showing that millions of people live with mobility challenges in the U.S., 101 Mobility fulfills a vital service. 101 Mobility offers on-site consultations, flexibility in rental programs, and a one-year limited warranty for all products.
The 101 Mobility promise is to tailor services to customer needs. As a franchise owner at 101 Mobility, you can contribute to your community by making the lives of the most vulnerable easy and free of hassle.
What Might Make 101 Mobility Franchise a Good Choice
To start a 101 Mobility franchise, you'll need to be prepared with an initial franchise fee and adequate liquid capital. As a franchise, 101 Mobility has partnerships with third-party financiers that may be able to help you meet the opening costs to begin your franchise.
For new franchisees, 101 Mobility supports initial and ongoing training through multiple channels that are convenient to all participants. However, since 101 Mobility believes in freedom and independence, it limits its control over franchisees.
Some of the benefits of being a franchise owner include territory protection in franchise locations, independent operations, and an experienced management team's backing.
How to Open Your Own 101 Mobility Franchise
To start your 101 Mobility franchise in the United States or Canada, you can learn more about the opportunity and discover whether it is the right investment for you. You should be financially prepared and have a location in mind that fits the target audience.
As a franchise owner, choosing 101 Mobility might be an excellent decision because you'll play a role in bettering the experiences of seniors, veterans, and individuals living with disabilities. At 101 Mobility, you can change lives and leave a great legacy.
Company Overview
About 101 Mobility
| Industry | Health & Wellness |
|---|---|
| Related Categories | Mobility Solutions, Miscellaneous Health Products, Building & Remodeling, Miscellaneous Home-Improvement Businesses, Miscellaneous Services |
| Founded | 2008 |
| Parent Company | Cortec Group |
| Leadership | Mark Baker, President |
| Corporate Address |
5221 Oleander Dr. Wilmington, NC 28403 |
| Social | Facebook, Instagram |
Business Overview
| Franchising Since | 2010 (14 years) |
|---|---|
| # of employees at HQ | 17 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises in the following international regions: Canada |
| # of Units | 196 (as of 2022) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a 101 Mobility 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
|
$35,000 - $60,000 |
|---|---|
|
Initial Investment
|
$120,790 - $218,620 |
|
Net Worth Requirement
|
$250,000 |
|
Cash Requirement
|
$100,000 |
|
Veteran Incentives
|
$5,000 off franchise fee |
|
Royalty Fee
|
5-7% |
|
Ad Royalty Fee
|
1.25% |
|
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.
| In-House Financing | 101 Mobility offers in-house financing to cover the following: franchise fee |
|---|---|
| Third Party Financing | 101 Mobility has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 40 hours |
|---|---|
| Classroom Training | 40 hours |
| 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
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 4 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where 101 Mobility landed on this year's Franchise 500 Ranking versus previous years.
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