- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$79K - $208K
- Units as of 2018
-
1
Company Overview
About Mobile Bling
| Industry | Retail |
|---|---|
| Related Categories | Miscellaneous Retail Businesses, Electronics Stores, Miscellaneous Maintenance Businesses, Tech Businesses |
| Founded | 2014 |
| Leadership | Sheetal Soni, CEO |
| Corporate Address |
3022 Weddington Rd., #200 Matthews, NC 28105 |
| Social | Facebook, Instagram |
Business Overview
| Franchising Since | 2017 (7 years) |
|---|---|
| # of employees at HQ | 5 |
| # of Units | 1 (as of 2018) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Mobile Bling franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$24,900 |
|---|---|
|
Initial Investment
|
$78,650 - $208,100 |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
5 |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Mobile Bling has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 72 hours |
|---|---|
| Classroom Training | 44 hours |
| Ongoing Support |
Meetings & Conventions
Grand Opening
Security & Safety Procedures
|
| Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
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