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Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$220K - $380K
Units as of 2022
1 arrow down 50% over 3 years

Patriot Broadband is a brand that strives to make connectivity a reality for rural customers. It uses fiber optic cables and high-frequency radio waves to attempt to realize this dream. Patriot Broadband operates under the idea that no home, school, or business is too remote to receive high-speed and reliable internet at affordable rates.

Founded in 2016, Patriot Broadband was created to deliver fast internet to save customers from frustrations with poor connectivity. Patriot Broadband attempts to serve all budgets and needs with three standard plans for residential homes and custom packages for businesses and schools.

Since beginning to franchise in 2019, Patriot Broadband has dipped its toe in the franchisee market and is seeking to add more franchisees to its repertoire. 

Why You May Want To Start Patriot Broadband Franchise

If you love efficiency and realize the potential for the internet in generating social change, Patriot Broadband could be an excellent franchise for you. Franchisees should have great customer service skills and a good work ethic, potentially making it easier to meet unique customer expectations.

Having technical skills isn't necessary, but some IT or computer services background can be highly beneficial. 

Opening a Patriot Broadband franchise may offer a more predictable outcome than investing in a completely new brand. In the competitive internet service industry, opening a franchise with an established internet service provider may offer a foundation for success.

What Might Make a Patriot Broadband Franchise a Good Choice?

Patriot Broadband is a business that positions itself to serve Americans who don't have access to the most basic of internet service connections. For franchisees, working under the Patriot Broadband brand may be an opportunity to serve this market and improve the quality and level of service that they are offered.

Franchisees should expect to operate independently when installing equipment and setting up connections for customers seeking internet service. With a home-based model that gives franchisees flexibility, running a Patriot Broadband location could offer the chance to own a business with relatively low overhead costs and payroll.

To be part of the Patriot Broadband team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include royalty and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements. 

How To Open a Patriot Broadband Franchise

Patriot Broadband views its operations as an excellent service to customers, and the company considers franchisees to be a crucial element in accomplishing its mission. Patriot Broadband is prepared to deliver expert training and support to all franchisees with additional access to its efficient systems. With inventory, billing, customer relationship management, and even reduced costs of supplies and equipment, the business believes it covers the needs of franchisees.  

As you decide if opening a Patriot Broadband franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Patriot Broadband franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

After completing the initial steps of applying for a Patriot Broadband franchise, you should compile a set of questions as you move forward with an initial phone call and attend a discovery day at company headquarters in Miami, Florida.

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Company Overview

About Patriot Broadband

Industry
Services (Other)
Founded
2016
Parent Company
Franchise Founders
Leadership
Stewart Newman, CFO
Corporate Address
1390 Brickell Ave., #340
Miami, FL 33131

Business Overview

Franchising Since
2019 (2023-2019 years)
# of employees at HQ
6
Where seeking

This company is offering new franchisees in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Maine, Missouri, Mississippi, Montana, North Carolina, New Hampshire, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, West Virginia, Wyoming

# of Units
1 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Patriot Broadband 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
$50,000
Initial Investment Information Circle
$219,800 - $379,800
Net Worth Requirement Information Circle
$500,000
Cash Requirement Information Circle
$100,000
Royalty Fee Information Circle
6%
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
Patriot Broadband has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment

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
24 hours
Classroom Training
23 hours
Ongoing Support
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run
1-2
Are exclusive territories available? Information Circle
Yes
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Interested in ownership opportunities like Patriot Broadband? Request a free consultation with a Franchise Advisor now.

Franchise 500 Ranking History

Compare where Patriot Broadband landed on this year's Franchise 500 Ranking versus previous years.

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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