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Promoted Opportunities

Wireless Zone

Initial Investment

LOW: $128,000
HIGH: $393,500

Change in Units

+3.9% +15 UNITS (1 Year)
-2.5% -10 UNITS (3 Years)

Company Profile

Founded

1988

Franchising Since

1989 (28 Years)

Corporate Address

795 Brook St., Bldg. #5 Rocky Hill, CT 06067

CEO

Joe Johnson

Parent Company

Glentel USA

About Wireless Zone

Wireless Zone's history goes back to 1988, when Russ Weldon started The Car Phone Store in Wethersfield, Connecticut. Franchising began just a year later. By 1999, the stores' offerings had expanded beyond cell phones to include GPS navigation, wireless accessories, wireless data devices and pre-paid cellular services, and the company's name was changed to Wireless Zone.

Financials

Financial Requirements

Initial Investment

$128,000 - $393,500

Net-worth Requirement

$250,000

Liquid Cash Requirement

$175,000

Ongoing Fees

Initial Franchise Fee

$1,000 - $30,000

Ongoing Royalty Fee

Varies

Ad Royalty Fee

Varies

Financing Options

Wireless Zone offers in-house financing to cover the following: franchise fee, startup costs, inventory

Veteran Incentives


50% off franchise fee/transfer fee

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S.

Operations & Franchisor Support

Training Onsite: 1 week

Training at headquarters: 2 weeks

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Ad Slicks
Regional Media
National Media

Number of employees required to run: 4

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 7th, 2016

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