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Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$32K - $47K
Units as of 2022
1 Decrease

Company Overview

About Siotoh Global Mobility

Industry Services (Other)
Related Categories Miscellaneous Services
Founded 2020
Leadership Martins Imudia, CEO
Corporate Address 201 E. Kennedy Blvd., #1612
Tampa, FL 33602

Business Overview

Franchising Since 2020 (3 years)
# of employees at HQ 11
Where seeking

This company is offering new franchisees throughout the US.

This company is offering new franchisees worldwide.

# of Units 1 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Siotoh Global 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 Information Circle
$19,900
Initial Investment Information Circle
$32,450 - $47,400
Net Worth Requirement Information Circle
$19,900
Cash Requirement Information Circle
$19,900
Royalty Fee Information Circle
8%
Ad Royalty Fee Information Circle
to 1%
Term of Agreement Information Circle
5 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 Siotoh Global Mobility 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 40 hours
Classroom Training 60 hours
Ongoing Support
Grand Opening
Site Selection
Marketing Support
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
Are exclusive territories available? Information Circle
Yes
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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