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Below is an in-depth analysis and side-by-side comparison of Mobile HQ Wireless vs Buddy's Home Furnishings including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | N/A | $385,166 - $912,594 |
Franchise Fee | N/A | $25,000 |
Royalty Fee | - | 6% |
Advertising Fee | - | $500/mo. |
Year Founded | - | 1965 |
Year Franchised | - | 2007 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | On-The-Job Training: 60+ hours Classroom Training: Up to 42 hours |
Support | We personally coach our franchisees through every step of the process from start to finish including : o Retail site selection o Lease negotiation o Architectural renderings o Store build-out package and installation o Inventory selection and pricing o Point of sales system training o Advertising and Marketing o Overall Business Management o Sales Training o Employee Management o Specific wireless carrier, service provider and product training for everything that is offered at each store. We accomplish this by having a comprehensive national training, weekly conference calls, interactive in-store training and a dedicated full time training department that is on call to coach our franchisees on an ongoing basis. | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
Operations | - | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | - | Yes |
International Expansion | - | - |
As the "Mobile Headquarters," we offer a wide variety of new and innovative products and accessories that promote mobility and convenience as the wireless and telecommunications industry continues to develop and expand. More specifically, Mobile HQ provides a business model that will enable sustained, long-term growth by offering an assortment of Cellular Phone Services, Satellite TV & Radio, Internet products, VoIP, Bluetooth products and a large assortment of accessories that are not widely available within the U.S. market.