Wireless Toyz vs Worldwide Wireless Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Wireless Toyz vs Worldwide Wireless including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$190,000 - $300,000 | N/A |
Franchise Fee |
$30,000 | N/A |
Royalty Fee |
13% | - |
Advertising Fee |
- | - |
Year Founded |
1995 | 1999 |
Year Franchised |
2001 | 2005 |
Term Of Agreement |
10 years | - |
Term Of Agreement |
10 years | - |
Renewal Fee |
$10K | - |
Business Experience Requirements |
Experience |
General business experience | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | - |
Support |
Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing |
Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
Number of employees needed to run franchised unit: 4
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
US Expansion |
Yes | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Wireless Toyz
Founded in 1998, Wireless Toyz has become the most unique concept in the retail wireless industry. Unlike other retailers that carry only one or 2 carriers, Wireless Toyz decided to design and market a different kind of wireless store that would be dedicated to offering customers almost every cellular and satellite provider in one location.
Customers love our one stop shopping locations as they're able to find the best provider to fit their personal and business needs. We've negotiated a non-exclusive contract with Nextel, Sprint, AT&T, T-Mobile, Verizon, Dish Network, and Direct T.V. We also offer regional carriers such as Alltel, Einstein PCS, Cellular One, AirTel and 3 Rivers. Our concept has propelled Wireless Toyz to the front as one of the largest non-exclusive wireless retailers in the country. After opening our first location in 1998, less than twelve months later, Wireless Toyz had opened multiple locations throughout Michigan. In September 2001 Wireless Toyz began franchising to entrepreneurs who wanted to own their own store. By July 2003 Wireless Toyz began offering Master Franchise programs to companies who wanted to dominate a particular market.Wireless Toyz continues to develop a very unique and innovative structure for marketing cell phones and satellite TV. In the past, cellular phones could only be purchased from single Wireless Toyz stores or large chain stores.
Wireless Toyz has created an ideal alternative, which focuses on:
*Multiple carrier stores
*Expert customer service
*Knowledgeable Wireless Experts
*Competitive pricing
*The largest selection of cellular phones, satellite systems and accessories in the industry.Wireless Toyz caters to their customers through many innovative programs such as referral credits, volume purchase discounts, and much more. Wireless Toyz leads the retail cellular industry by putting the customer first. Wireless Toyz continues to prove that multi-carrier stores provide an incredible income and growth opportunity.
About Worldwide Wireless
WorldWide Wireless, Inc. has provided top-shelf engineering talent
to cellular and PCS providers since 1994.
We also work with equipment vendors and infrastructure developers
to design and build state of the art network gear and cutting-edge
wireless and mobile internet services.
Our engineers work on all aspects of the wireless network, from
handsets and subscriber equipment to the NOC, software and
hardware, from day-to-day trouble-shooting to planning and
implementing your next generation expansion.
WorldWide Wireless is committed to developing and implementing
quality solutions and services that anticipate and meet the dynamic
needs of the wireless communications industry.