Wireless Toyz vs Boost Mobile Franchise Comparison

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

Start-Up Costs and Fees

 
Wireless Toyz Franchise
Boost Mobile Franchise
Investment $190,000 - $300,000N/A
Franchise Fee $30,000N/A
Royalty Fee 13%-
Advertising Fee --
Year Founded 1995-
Year Franchised 2001-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $10K-


Business Experience Requirements

 
Wireless Toyz Franchise
Boost Mobile Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    Wireless Toyz Franchise
    Boost Mobile Franchise
      In-House/3rd PartyIn-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

     
    Wireless Toyz Franchise
    Boost Mobile 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
    Boost Mobile Franchise
    US Expansion 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 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.