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Below is an in-depth analysis and side-by-side comparison of Kix Mobile vs iCare Repair including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $88,700 - $234,000 | $55,893 - $120,993 |
Franchise Fee | $30,000 - $70,000 | $20,000 |
Royalty Fee | 7-5% | 7.25% |
Advertising Fee | 2% | - |
Year Founded | 2016 | 2012 |
Year Franchised | 2016 | 2012 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
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 | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
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 | We'll provide substantial training on repairs and customer service, site selection, supply of low-priced OEM parts and repair tools, Internet presence and marketing, as well as unique point-of-sale (POS) and operational technologies. |
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 | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
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.