Wireless Zone Franchise In USA Cost, Profit, How to Apply, Requirement, Investment, Review | SkillsAndTech
Founded in 1988, Wireless Zone LLC offered its franchise the following year. As a franchisee, you will sell wireless and wired communication devices such as mobile phones, smartphones, internet-based communication devices, wireless data services, mobile hotspots, and many others.
With an $88,323 revenue, more than 800 employees in 431 locations in the US, this is indeed a lucrative franchise.
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Table of Contents
Wireless Zone Franchise Wiki
As the name suggests, the franchise will revolve around selling wireless and wireline communication devices. Satellite communications and entertainment and security products and services, mobile and data plans are part of the deal. You will also be selling satellite and/or cable television and radio systems, among many others.
Wireless Zone Franchise Benefits
This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
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Wireless Zone Franchise Financial Assistance
The franchisor may offer financing programs to its franchisees. The options and terms could be affected by several factors, including the creditworthiness of the franchisee, accounting rules, and availability of funds.
Wireless Zone Franchise Cost
Name of Fee | Low | High |
---|---|---|
Initial Franchise Fee | $1,000 | $25,000 |
Travel and Living Expenses While Training (per person) | $2,500 | $8,000 |
Real Estate/Rent | Not Included | |
Real Estate Improvements | $10,000 | $50,000 |
Business Equipment and Supplies | $10,000 | $16,000 |
Computer Equipment, Signs, Fixtures, Kiosks and Displays | $51,000 | $132,000 |
Miscellaneous Opening Costs | $2,500 | $15,500 |
Initial Product Inventory | $50,000 | $75,000 |
Initial Marketing Program | $5,000 | $5,000 |
Sales Tax, Use Tax, Other Similar Tax, Freight and Delivery Charges | $3,000 | $38,000 |
Additional Funds – 3 months | $25,000 | $50,000 |
ESTIMATED TOTAL (excluding real estate costs) | $160,000 | $414,500 |
Wireless Zone Franchise Training
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Franchisees must complete Wireless Zone’s 120 to 160-hour initial training program before your store’s opening. It consists of store management training, product training, carrier relations, marketing and sales strategies, and floor sales training.
The franchisor may include additional training and meetings that will be mandatory. These may be held in various locations and may consist of updates on procedures, strategies, and other product information.
Wireless Zone Franchise Territory
The location where you will open your franchise will require the franchisor’s approval. They will designate a “protected territory” within a two-mile radius around your store’s original location. This will change to a one-mile radius if the area has a population of 350,000 or more.
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There will be exceptions if your location is inside a shopping mall which will automatically be the protected territory. However, this protected territory will not include areas where exhibitions, conferences, or conventions are held.
Wireless Zone Franchise Obligations
The franchisor does not require franchisees to participate directly in the store operations. They will have to manage the store by having employees who the franchisor will find acceptable. These employees will serve as the franchisee’s proxy, which they will request through a form that the franchisor will approve.
However, they are required to assign a manager if they cannot devote at least 40 hours every week for store operations. The designated manager must complete training to the satisfaction of the franchisor.
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In addition, the franchisor prohibits the selling of counterfeit, unauthorized, and illegal goods. They also require franchisees to exclusively offer inventory and services that are part of their requirements.
Wireless Zone Franchise Term of Agreement
Seven years is the length of a franchise term for Wireless Zone. If you meet the requirements, an additional seven-year period is available.
Wireless Zone Franchise Requirements
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This is highly confidential information. Because this company had not disclosed it. You can only know about this after applying for the franchise. All this will be discussed when the basic criteria are met and fulfilled. You can know the procedure as follows.
Wireless Zone Franchise Profit
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors.
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How to Apply For Wireless Zone Franchise
To get the franchise first you have to fill the form. Then the company officials will contact you for further details. After that you you can open this franchise.
Wireless Zone Franchise Contact details
Website
FAQ
Is it profitable or not?
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Ans: It is fast moving products, so there is fewer margins but your sale is too high. So, obviously you can make more profit from this business.
What is The Difference Between Franchisor vs. Franchisee
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What Is The Difference Between Franchise Vs. Sole Proprietorship
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Conclusion
So far we have shared the basics for this franchise. It is the most profitable franchise. You will never doubt your decision to start this franchise. Go ahead and achieve your goal. If you find more information please feel free to share with us. Share your thoughts and we will definitely contact you with new franchise and opportunities. Stay Tuned for more franchise. Thank you
Disclaimer: The information given in this article like investment may vary from place to place, so we are not sure about the investment part.
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