Schooley Mitchell
Telecom and merchant services consulting
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About
Founded

1983

Franchising Since

1997 (22 Years)

Corporate Address

1030 Erie St.
Stratford, ON N4Z 0A1

Financial Requirements
Initial Investment

$54,000 - $64,250

Net-worth Requirement

$125,000

Liquid Cash Requirement

$75,000

Ongoing Fees
Initial Franchise Fee

$51,500 - $51,500

Ongoing Royalty Fee

8%

Ad Royalty Fee

2%

Financing Options

Schooley Mitchell has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment

Veteran Incentives

$5,000 off franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

On-The-Job Training:

5 days

Classroom Training:

5 days

Absentee Ownership Allowed
Bio
Formerly an accounting business, Schooley Mitchell got into telecommunications consulting when one of its co-founders wanted to find a better to analyze the company's phone bills. Today Schooley Mitchell franchisees help clients review their telecommunications providers, suppliers and equipment so they choose the services that best fit their needs.
Cost
Initial Investment: Low - $54,000 High - $64,250
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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: May 11th, 2017