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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$156K - $210K
Units as of 2021
56 460.0% over 3 years

Company Overview

About Mobility Plus

Industry
Health
Related Categories
Miscellaneous Health Products
Founded
2008
Leadership
Richard Peter, President

Franchising Overview

Franchising Since
2016 (5 years)
# of employees at HQ
10
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
56 (as of 2021)

Franchisor Information

Corporate Address
2815 Forbs Ave.
Hoffman Estates, IL 60192

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Mobility Plus 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
$55,000
Initial Investment
$156,000 - $210,000
Net Worth Requirement
$50,000
Cash Requirement
$25,000
Veteran Incentives
5% off franchise fee
Royalty Fee
6%
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.

In-House Financing
Mobility Plus offers in-house financing to cover the following: franchise fee, inventory
Third Party Financing
Mobility Plus 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
42 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
Yes
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
2
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Mobility Plus landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Mobility Plus ranked on other franchise lists? Find out below.

Ranked #89

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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