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Updated RecentlyKix Mobile vs Boost Mobile Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Kix Mobile vs Boost Mobile including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $88,700 - $234,000 | N/A |
| Franchise Fee | $30,000 - $70,000 | N/A |
| Royalty Fee | 7-5% | - |
| Advertising Fee | 2% | - |
| Year Founded | 2016 | - |
| Year Franchised | 2016 | - |
| 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 | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | This is where it all begins! We want you to have the best training and business tools possible to ensure you are prepared to open and operate your new store. You will receive five days of initial training at our offices in Orlando, Florida and an additional five days of training on-site at your store. After your initial training, you will receive on-going training and support from your Area Representative, headquarters staff, system webinars, suppliers and our annual conference. Your initial training includes: Comprehensive Operations Manuals Customer sales and product knowledge Finding & hiring the right team members Store operations and merchandising Marketing and advertising POS and customer data transfer system Purchasing Budgeting, accounting and finance New store setup | - |
| Support | We will provide you with the advice and guidance you need to open your new store. Setting up Your New Business Manual. Comprehensive “big data” real estate site selection and lease review assistance. Store financing resources and assistance, including tax-free, 401K Rollover Plans and SBA expedited loans. Store design, build-out and contractor guidance. Store merchandising and inventory insight. Support of inventory management, purchasing and store operations. Protected store territories. Setting up Your Point-of-Sale systems. | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | Yes | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Kix Mobile
Highly visible franchises such as SUBWAY® are successful because they offer a mass-market product and have simple menu and store operations. The Kix Mobile franchise gives you the same competitive advantage:
Mass Market Appeal
The market for phones, tablets and other mobile devices is growing significantly.
- Nearly everyone owns a smartphone or some type of mobile device.
- If they don’t - they will certainly need one very soon.
- And… statistically a large percentage of customers will break their device.
- Franchise owners do not need technical experience.
- Franchise owners do not need phone or tablet repair training.
- Store has reasonable and manageable inventory requirements.
- Small store footprint required.
- Flexible store options as a cart/kiosk, store-in-a-store, or storefront.
- Store requires few employees - usually only 1-2.
Veterans Incentive: 15% on franchise fee
About Boost Mobile
Advantages of joining the Boost Mobile Select Retailer Program
*No franchise agreement and no fees. Being a select retailer gives a multi-store owner the opportunity to make a six-figure income.
*Receive a fast return on investment with your low-cost initial investment.
*Earn competitive compensation through activating new customers, in-store and credit/debit card customer payment, accessory sales and residual income from new customers you sign up.
*Sell select newly released devices weeks before other dealers. You can also be the first in line to have inventory set aside for your store location.
*Have access to high-quality fixtures and signage, demo devices and brand-approved promotional materials to give your store a best-in-class experience.
How to Become an Authorized Boost Mobile Dealer
If you're in the retail telecommunications business, becoming an
authorized Boost Mobile dealer may be beneficial to your company. At the
time of publication, Boost provides name-brand cell phones and
accessories to more than 20,000 major retailers nationwide and
no-contract services as low as $50 per month. In fact, the corporation
states that it was recognized by J.D. Power and Associates as the
highest-ranked customer service performance and purchase experience
provider among its peers.
1. Familiarize yourself with Boost Mobile products and services. Visit the Boost
Mobile website to explore products, plans and accessories and get an
idea of which items you'd like to sell.
Navigate to the "About Boost
Mobile" and "FAQs" pages to read company overviews and frequently
asked questions. Investigate recent consumer reports to determine which
products will generate the best profit margins for your business.
2. Compose a letter of interest. On company letterhead, compose a formal letter of
interest and inquire as to how you would go about applying for dealer
authorization. Enclose a brief summary of your business and the Boost
Mobile products you are interested in retailing. Include all of your
personal and business contact information, such as your name, physical
address, business phone number, website address and email address.
3. Email your inquiry to the Boost Mobile corporate sales team. The "Contact
Info" page of the Boost Mobile website suggests emailing the corporate
sales team to obtain application instructions from a sales
representative. Copy and paste or attach your letter of interest to an
email and address it to [email protected] to deliver your inquiry to
the appropriate department.
4. Wait to hear from a Boost Mobile sales representative. You will likely
receive an instant automated email from Boost Mobile to verify that your
letter has been received. Within a few business days, you should
receive a phone call or an email from a Boost Mobile sales
representative to go over your needs and explain the application
process.
5. Complete a dealer's application and submit it with all applicable
documentations. You might be required to submit copies of your business
documents, such as and tax identification numbers, licenses and proof of
product liability insurance. Fill out the application in its entirety
and gather all requested documentation to submit with your application
package. Wait for a letter of approval.
6. Start ordering Boost Mobile products for your inventory. If you're accepted
as an authorized Boost Mobile dealer, you'll receive a letter of
approval with further instructions. This letter is usually followed by a
call from a sales representative to welcome you aboard and outline the
ordering process. Begin ordering products for shipment.