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Updated RecentlyNextwave Computers vs Experimax Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Nextwave Computers vs Experimax including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $76,000 - $125,000 | $142,010 - $351,140 |
| Franchise Fee | $25,000 | $49,500 |
| Royalty Fee | 5% | 6% |
| Advertising Fee | - | 1% |
| Year Founded | 1999 | 2009 |
| Year Franchised | 2003 | 2014 |
| Term Of Agreement | 10 years | 20 years |
| Term Of Agreement | 10 years | 20 years |
| Renewal Fee | - | $1K |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/- |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/Yes | -/Yes |
| Receivables | No/Yes | -/Yes |
| Payroll | No/Yes | -/Yes |
Training & Support |
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| Training | Training is a staple of the Nextwave Franchise System. We offer you the most comprehensive training available today to assist you in managing your franchised location. For as long as you are part of our system your training is a FREE benefit of belonging, not just for you but also for your employees. As your business continues to grow and the need arises for more employees you may send them to the home office for training. You stay focused on your business and our highly qualified team at the home office will send you back an employee with the knowledge and desire needed to be an asset to your organization. | We ensure that you are knowledgeable and ready to serve your community, as an expert in the industry. You'll take part in one of the most extensive training programs in the franchise industry, which includes 2 weeks of training at our global headquarters in West Palm Beach, Florida. After that, you'll get personal one-on-one training right in your store to ensure you have the technical, business and marketing expertise you need. Ongoing training opportunities are also provided through regional meetings, our World Expo events and our proprietary online education portal. On-The-Job Training: 11 hours Classroom Training: 69 hours |
| Support | Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | * Intranet for easy access to downloads & information * Established vendor relationships * Benefits of mass purchasing power * Ongoing visits from regional marketing staff * Regional meetings * World Expo * Experimac franchisee group calls * Toll-free technical assistance hotline * Research & Development for technological advancements * Online educational portal for store staff training Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Ad slicks, Regional advertising | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing |
| Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is allowed. | Number of Employees Required to Run: 3 - 4 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
Company Overviews
About Nextwave Computers
Nextwave Computers is the franchise that is changing the face of the computer and technology industry one store at a time. In this highly competitive market to be successful you have to have and edge, a way of doing business that separates you from all the others and sets you far and away above the competition. For five years Nextwave Computers has raised the standard and been successful in this highly competitive market. Our business plan is proven to work and our history is evidence of our success. Our program is so refined that you don't have to be a computer technician to own a Nextwave Computers Franchise. We'll show you how to hire the right people to make your business a success. With Nextwave Computers you will partner under our master agreements with many industry leaders in the manufacturing business such as Lexmark, Xerox, Okidata, Toshiba and others to perform warranty work on their products. There is no other franchise that has manufacturers driving repair business to their stores bringing with it compensation and new customers. Only Nextwave Computers offers this benefit across the franchise system. We would be remiss if we did not also mention your status as a warranty center for products sold by our competitors such as Staples, Office Depot, Circuit City, People PC and many others. What other business model has its distribution competitors driving business directly to their stores? Only Nextwave Computers offers this benefit across the franchise system.
About Experimax
Experimax is the trailblazer in innovation deals and administration, spend significant time in exceptionally desired Apple items with different income streams and a reputation for monetary achievement.
The first retail store saw relentless development, with considerably more expected with the expansion of PDA repair administrations.
Anybody can be an Experimax client, who profits by individual meeting they can't discover in a shopping center or a major box contender. Experimax likewise offers numerous more wage open doors than single administration telephone repair places, including offers of pre-claimed Apple PCs and gadgets, repair of portable PCs, telephones and tablets, exchange ins of existing gadgets, and offers of adornments, redesigns and programming.
You will profit by:
*Selling pre-possessed Apple PCs and portable PCs
*Repairing PCs, portable workstations, tablets and mobile phones
*Taking exchange ins of already possessed Apple items
*Selling new PC, portable workstation, tablet and mobile phone embellishments
*Incremental online offers of utilized hardware
Overhauling memory and programming on PCs Service, repair and redesign choices include:
*Cracked Screens
*Broken LCDs
*Buttons and Power Jacks
*Memory Upgrades
*Hard Drive Replacement
*Battery Replacement
*DVD Repair
*Operating System Installation
As an Experimac franchisee, you'll appreciate world class benefits that are demonstrated over and over with our other establishment models, while profiting from a developing innovative industry. The blend of our involvement with an energizing new part makes this a genuinely remarkable open door.
Veteran Incentives 10% off franchise fee
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