- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$57K - $171K
- Unit data is unavailable
-
N/A
Company Overview
About K&N Mobile Franchises
Related Categories | Miscellaneous Retail Businesses, Tools Distribution |
---|---|
Founded | 1974 |
Leadership | Jerry L. Nelson, Founder |
Corporate Address |
4909 Rondo Dr. Ft. Worth, TX 76106 |
Business Overview
Franchising Since | 2008 (17 years) |
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# of employees at HQ | 25 |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a K&N Mobile Franchises 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
|
$28,500 |
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Initial Investment
|
$56,755 - $170,750 |
Net Worth Requirement
|
$100,000 |
Cash Requirement
|
$50,000 |
Veteran Incentives
|
Royalty fee waived for 6 months |
Royalty Fee
|
9% |
Ad Royalty Fee
|
1% |
Term of Agreement
|
5 years |
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.
In-House Financing | K&N Mobile Franchises offers in-house financing to cover the following: inventory, accounts receivable |
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Third Party Financing | K&N Mobile Franchises has relationships with third-party sources which offer financing to cover the following: equipment |
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 | 3 weeks |
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Classroom Training | 1 week |
Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
# of employees required to run | 0-1 |
Are exclusive territories available?
|
Yes |
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