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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$163K - $272K
Units as of 2018
2 Increase 100.0% over 3 years

Company Overview

About Drone Nerds

Industry Retail
Related Categories Miscellaneous Retail Businesses, Miscellaneous Services
Founded 2014
Leadership Jeremy Schniederman, CEO
Corporate Address 320 N.E. 1st. Ave.
Hallandale, FL 33009
Social Facebook, Twitter, Instagram

Business Overview

Franchising Since 2016 (8 years)
# of employees at HQ 9
# of Units 2 (as of 2018)

Information for Franchisees

Here's what you need to know if you're interested in opening a Drone Nerds 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 Information Circle
$24,900
Initial Investment Information Circle
$162,900 - $271,900
Royalty Fee Information Circle
3%
Ad Royalty Fee Information Circle
1%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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 Drone Nerds has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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 80 hours
Classroom Training 80 hours
Ongoing Support
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Marketing Support
Ad Templates
National Media
Regional Advertising
Social Media

Operations

Additional details about running this franchise.

Is absentee ownership allowed? No
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 3
Are exclusive territories available? Information Circle
Yes
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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022