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Updated RecentlyWireless Toyz vs Kix Mobile Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Wireless Toyz vs Kix 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 | $190,000 - $300,000 | $88,700 - $234,000 |
| Franchise Fee | $30,000 | $30,000 - $70,000 |
| Royalty Fee | 13% | 7-5% |
| Advertising Fee | - | 2% |
| Year Founded | 1995 | 2016 |
| Year Franchised | 2001 | 2016 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $10K | - |
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/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
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 | Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | 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 | 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 |
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| US Expansion | Yes | 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 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