Wireless Zone logo
Wireless devices, services, and accessories

Investment

$201,875

Initial Franchise Fee

$1,000 - $25,000

Units

790

Growth Rate

+75.6%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Retail
Founded 1988
Franchising Since 1989
Parent Company Round Room LLC
Leadership Scott Moorehead, CEO
# of Employees at HQ 200

Units and Growth Chart

About Wireless Zone

Today, tablets, phones, and portable internet devices are not just communication devices anymore. Instead, these devices have become part of our lifestyles, and we are keen to update them regularly. The average American checks their smartphone upwards of 50 times a day.

Wireless Zone is the largest wireless retail franchisor in the country. The company was founded in 1988 as an innovative idea under the name The Car Phone Store. Today, the company has evolved into one of the biggest retail center subsidiary brands of wireless technology carrier, Verizon Wireless. There are hundreds of Wireless Zone franchises in operation all over the United States and the company is actively looking to expand its reach even further.

Why You May Want to Start a Wireless Zone Franchise

Franchisees sell wireless and wireline services, communication devices, and accessories. This includes the sale of smartphones, mobile phones, and accessories such as cell phone battery chargers. 

For over 30 years, Wireless Zone has striven to offer unmatched customer service to local communities across the nation. This generally helps the franchise stay a step ahead and create loyalty with their customers. By starting this franchise, you might enter into a business with an already established customer base. 

Wireless Zone uses an exclusive carrier business model that has proven useful. With this kind of model, franchisees may receive preferred services from Verizon, reduced inventory, and the ability to serve customers with an expert level of knowledge about the services and products.

What Might Make a Wireless Zone Franchise a Good Choice?

Wireless Zone has been ranked in Entrepreneur's Franchise 500 multiple times in recent years. This ranking is based on an evaluation of more than 150 data points in areas including costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability. 

To be part of the Wireless Zone team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. Wireless Zone may offer a significant discount off the franchise fee for veterans. Additionally, you should be prepared for ongoing fees that will include royalty fees and potential renewal fees. Franchisees will also need to meet the company's set liquid capital requirements. 

How to Start a Wireless Zone Franchise

To begin the franchise process, you may fill out the information request form. Wireless Zone may respond to set up a telephone interview with its corporate franchise team. After the consultation, you may be asked to submit an official franchise application.

As part of the process of opening a Wireless Zone franchise, you are expected to complete your due diligence. This includes speaking to current franchisees to gain an understanding of how the franchise operates. Additionally, research the brand and your local area to see if a Wireless Zone franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.

If the franchising process goes well, you may be ready to sign a franchise agreement. You may soon be using your tech-savvy to support your community and keep them connected to the ones they love. 

Investment Details

Initial Franchise Fee $1,000 - $25,000
Initial Investment $201,875 - $532,600
Net Worth Requirement
Cash Requirement $175,000
Royalty Fee 9%-22% of gross profit
Ad Royalty Fee 0
Technology Fee $100-160/mo.
Term of Agreement 7 years
Is Franchise Term Renewable? Yes
Financing Third Party
Veterans Incentive 50% off franchise fee/transfer fee

Available Territories

Franchising opportunities available in the following regions

United States

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
Classroom Training 80+ 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 & Requirements

Key operational details and requirements for 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 3-4
Are exclusive territories available? Yes

Ranking History

Wireless Zone performance in the Franchise rankings over recent 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