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| Business Type: Cellular Phones |
| Industry: Retail |
| Minimum Cash Requirement: $60k |
| Total Start-up Investment (cash plus financing): $400k |
| Minimum Net Worth: $100k |
| Business Location: Store Front |
| Market Class: Business to Consumer/Business to Business |
| Business Model: Owner-Operator/Multi-Owner/Master/Absentee Investor |
This wireless electronics retailer 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 brand stores or large chain stores. This concept has created an ideal alternative, which focuses on:
The franchise concept caters to their customers through many innovative programs such as referral credits, volume purchase discounts, and much more. Competitive Landscape This franchise concept is different than other wireless retailers as most cellular stores offer single carrier services. Less than 10% of wireless retailers offer more than three carriers to customers. This business is in the top 2% of all wireless retail stores with five carriers and two satellite providers. This concept provides wireless experts that are knowledgeable with all carrier products and services, superior customer service and a variety of carriers in a comfortable, convenient and professional shopping atmosphere. Customers want to shop the leader - a company that has a proven record with thousands of customers across the nation. The concept represents almost every carrier, including:, Nextel, Sprint, T-Mobile, Verizon, Cingular, Dish Network and Direct TV and some regional carriers. One of our most valuable assets is their relationships with their carriers. This allows them to expand nationally on a non-exclusive basis. With their intense purchasing power; they are able to compensate the franchisee greater than if they were to deal with the carriers directly. What differentiates this concept from big box retailers and mom and pop stores are their unique systems, carrier relations, excellent locations, customer service and highly trained wireless experts. Owner Profile The ideal owner has:
If this business looks to be a fit for you and if you are serious about self-employment and finding a company that matches your "ideal model," please click below and fill out the contact form to have one of our industry experts to help you identify one of our "pre-screened" companies that fit your unique skills and lifestyle goals. |
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