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Updated RecentlyMobile HQ Wireless vs Rent - A - Center Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mobile HQ Wireless vs Rent - A - Center including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | N/A | $355,268 - $560,225 |
| Franchise Fee | N/A | $35,000 |
| Royalty Fee | - | 5.5% |
| Advertising Fee | - | 3% |
| Year Founded | - | 1980 |
| Year Franchised | - | 2013 |
| Term Of Agreement | - | 5-10 years |
| Term Of Agreement | - | 5-10 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 | -/- | -/- |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 73 hours Classroom Training: 36 hours |
| Support | We personally coach our franchisees through every step of the process from start to finish including : o Retail site selection o Lease negotiation o Architectural renderings o Store build-out package and installation o Inventory selection and pricing o Point of sales system training o Advertising and Marketing o Overall Business Management o Sales Training o Employee Management o Specific wireless carrier, service provider and product training for everything that is offered at each store. We accomplish this by having a comprehensive national training, weekly conference calls, interactive in-store training and a dedicated full time training department that is on call to coach our franchisees on an ongoing basis. | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform |
| Marketing | - | Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 4 - 6 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | No |
| International Expansion | - | Yes |
Company Overviews
About Mobile HQ Wireless
As the "Mobile Headquarters," we offer a wide variety of new and innovative products and accessories that promote mobility and convenience as the wireless and telecommunications industry continues to develop and expand. More specifically, Mobile HQ provides a business model that will enable sustained, long-term growth by offering an assortment of Cellular Phone Services, Satellite TV & Radio, Internet products, VoIP, Bluetooth products and a large assortment of accessories that are not widely available within the U.S. market.
About Rent - A - Center
There's no better way to join the exciting and profitable rent-to-own industry than to franchise with Rent-A-Center. With over 4,100 locations in the United States and Mexico and over $3 billion in annual revenue, Rent-A-Center is the undisputed segment leader.
We offer the resources unmatched in rent-to-own to support our franchisees. In addition to world-class marketing, training and operations support, Rent-A-Center franchisees benefit from in-house financing and a competitive royalty structure that decreases as you grow.
Rent-A-Center Franchising is the nation's first franchisor of independently owned and operated rent-to-own stores, with over 35 years of franchising experience. Today, we are committed to creating value for our Franchisees by supporting them with superior systems, programs and processes every step of the way. Their successes are what drive our franchise model, one that is poised to continue its long, successful history.
Veteran Incentives $5,000 off franchise fee
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