Schooley Mitchell
Telecom and merchant services consulting

About
Founded

1983

Franchising Since

1997 (23 Years)

Corporate Address

1030 Erie St.
Stratford, ON N4Z 0A1

Leadership

Dennis Schooley, CEO

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 Articles

Why This Serial Entrepreneur Opened a Painting With a Twist - In the Middle of the Pandemic

Dee Clemmons had experienced the brand as a customer, and it made her feel at peace. Now she's out to share that feeling.

Tired of Being Kicked to the Curb? Maybe It's Time To Be Your Own Boss.

There are two ways to go: pursue a dream idea from scratch or bet on a proven concept as a franchisee.

6 Ways to Turbocharge Your Solopreneur Productivity

Essential tips that will help you establish good work habits and achieve a lot more for your business in less time.

How Many Franchise Locations Should You Own?

5 multi-unit franchisees, ranging from 2 locations to 770, share their experience.

5 Deadly Sins That Can Wreck Your Franchise – and How to Avoid Them

Understanding the numbers, knowing your operation inside and out, and being the best at one thing at a minimum are keys to survival

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