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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$86K - $124K
Units as of 2020
1 0.0% over 3 years

Company Overview

About GreenLight Mobility

Industry
Home Improvement
Founded
2007
Parent Company
Back Home Safely LLC
Leadership
Karen Frank, CEO

Franchising Overview

Franchising Since
2019 (2 years)
# of employees at HQ
15
Where seeking

This company is seeking new franchisees in the following US states: Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming

# of Units
1 (as of 2020)

Franchisor Information

Social
Facebook, LinkedIn
Corporate Address
111 Canfield Ave., #B-10
Randolph, NJ 07869

Information for Franchisees

Here’s what you need to know if you’re interested in opening a GreenLight 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
$38,500 - $43,500
Initial Investment
$85,800 - $124,300
Net Worth Requirement
$150,000 - $300,000
Cash Requirement
$80,000
Veteran Incentives
$5,000 off franchise fee
Royalty Fee
7%
Ad Royalty Fee
2%
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.

Third Party Financing
GreenLight Mobility has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

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
35 hours
Classroom Training
62 hours
Ongoing Support
Purchasing Co-ops
Meetings & Conventions
Grand Opening
Security & Safety Procedures
Field Operations
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?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where GreenLight Mobility 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 by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021