Wireless Toyz vs Yakety Yak Wireless Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Wireless Toyz vs Yakety Yak Wireless including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Wireless Toyz Franchise
Yakety Yak Wireless Franchise
Investment $190,000 - $300,000$88,500 - $209,500
Franchise Fee $30,000$15,000
Royalty Fee 13%$300
Advertising Fee --
Year Founded 19951999
Year Franchised 20012005
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee $10K-


Business Experience Requirements
 
Wireless Toyz Franchise
Yakety Yak Wireless Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    Wireless Toyz Franchise
    Yakety Yak Wireless Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/NoNo/Yes
    Equipment No/NoNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    Wireless Toyz Franchise
    Yakety Yak Wireless Franchise
    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
     
    Wireless Toyz Franchise
    Yakety Yak Wireless Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion NoNo

    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 Yakety Yak Wireless

    NO LONGER FRANCHISING

    We welcome you to procure your bit of a $138 billion industry by banding together with one of the country's biggest autonomous remote retail establishment organizations. The Yakety Yak mark has been set up since 1999 with an establishment group that has developed to more than 200 open doors sold, more than 40 stores open across the country and numerous new areas anticipated that would open for business sooner rather than later. Our across the nation nearness has permitted us to make volume valuing and set up merchant and provider connections to encourage higher benefit potential to our proprietors.

    A Booming Industry

    Will you be without your remote telephone for over one day? As remote telephones and innovation are always advancing, they have progressively turned out to be more than only an instrument to make and get calls. Rather they have changed into a stage for web get to, email in a hurry, GPS with turn by turn bearings, picture and video informing, and the sky is the limit from there. Starting at 2007, there were 255 million remote endorsers and $138 billion dollars were produced in income. Since studies foresee exponential development in remote over various stages, it is our conviction private company proprietors couldn't be included in a superior industry.

    Decision and Flexibility Makes Us Different

    Yakety Yak Wireless is a ground breaking organization and one of only a handful few establishments of its kind with decisions and adaptability in the remote business. Yakety Yak store proprietors appreciate the alternative of offering administrations from a solitary or numerous supplier lineups, for example, Verizon Wireless, Sprint, Alltel, T-Mobile, Cricket and Metro PCS. With Yakety Yak's plan of action, franchisees may choose and modify administrations particular for their area to create the best income conceivable. Also, you may browse our plans of action, including our full-scale retail locations and our business in a plan of action, the Yakety Yak Express. Contingent upon your objectives and funds, we have a plan of action that will work for you.