Wireless Zone Franchise Information

#281

Initial Investment

LOW: $128,000

HIGH: $393,500

Change in Units

0.0% 0 UNITS (1 Year)

-6.5% -25 UNITS (3 Years)

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Promoted Opportunities

Company Profile

Founded

1988

Franchising Since

1989 (27 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

Franchise 500® Rank History

Highest Rank: 79

Lowest Rank: 281

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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Initial Investment

Change in Units

Promoted Opportunities

Company Profile

Founded

Franchising Since

Corporate Address

CEO

Parent Company

About Wireless Zone

Financials

Financial Requirements

Initial Investment

Net-worth Requirement

Liquid Cash Requirement

Ongoing Fees

Initial Franchise Fee

Ongoing Royalty Fee

Ad Royalty Fee

Financing Options

Franchise 500® Rank History

Units (Locations)

Operations & Franchisor Support

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