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Below is an in-depth analysis and side-by-side comparison of Yakety Yak Wireless 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 | $88,500 - $209,500 | $88,700 - $234,000 |
Franchise Fee | $15,000 | $30,000 - $70,000 |
Royalty Fee | $300 | 7-5% |
Advertising Fee | - | 2% |
Year Founded | 1999 | 2016 |
Year Franchised | 2005 | 2016 |
Term Of Agreement | 5 years | - |
Term Of Agreement | 5 years | - |
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 | No/No | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
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 | - | 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 | No | - |
International Expansion | No | - |
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.
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.