Unit Option

Single, Multiple

Background

FDD Franchised Units: 172

Corporate Owned Units: 2

Projected New Units: 8

Year Established: 2008

First Year Franchised: 2010

Type of Business: Franchise

Hours of Operation: Regular Business Hours

Number of Employees: Small (1-5)

History:

When Luke Sampson and Keith Barnhardt founded Wilmington-based company 101 Mobility in 2008, it was clear to them that the needs of aging and mobility-challenged Americans were not being met. Practical, reliable mobility solutions can be hard to find, especially all in one place!

President Dave Pazgan joined Keith and Luke to build the most trusted resource for families and businesses who want to improve accessibility. The team focused on providing a wide range quality products and professional customer service at every customer interface.

Dave, Luke, and Keith’s business boomed into what is now a national franchise system made up of local owners and operators who love what they do! 101 Mobility is now one of the largest dealers of mobility products in the country.

101 Mobility’s dedication to service and community has raised the bar for accessibility and aging-in-place industries. We are committed to helping customers regain their accessibility and their independence, whether in the car, up in the pool, or on the stairs. We want to bring freedom, safety, and a high quality of life to all of our customers, no matter their mobility needs.

Availability

Territories: United States, Canada: Registered

Financials

Liquidity: $100,000

*Investment Range: $118,290 - $216,620

**Average Investment: $100,000 - $250,000
Provided by the Franchisor

Minimum Net Worth: $100,001 to $250,000

6 Month Cash: $10,001

Franchise Fee: 35000 to $60000*

Royalty: 5, 6, 7%

Royalty Description: 7% of Gross Sales from the Franchised Business for up to 1 million in Gross Sales; 6% of Gross Sales in excess of 1 million and up to 2 million; 5% of Gross Sales in excess of 2 million subject to Minimum Quarterly Royalty Fee - see Item 6 of FDD

Advertising: National: Up to 4% of Gross Sales; currently 1.25% of Gross Sales per week up to $12,000 per year, plus $350 per month, where the total of both each month does not exceed 4% of Gross Sales; Local: up to 2%

Ramp-Up: 4 to 6 months

Passive Ownership: Semi- passive after 1 year
Passive Ownership means the owner is working 15 hours or less per week in the business.

Passive Ownership Explain: Semi-absentee owners would need to be prepared and well capitalized enough to hire at least one full time sales representative and a General Manager to oversee day to day operations. The expectation would be the the owner is still involved from a strategic standpoint in the business.

Available Discounts

• Veterans

Discount Description: 

$5,000 off franchise fee.

Training, Support and Assistance

Co-Operative Advertising: Available

Site Selection Assistance: N/A

Lease Negotiation Assistance: N/A

Length of Training: 10 days

Training Description:

Pre-Open training consists of 10 days of training at our Home Office in Wilmington, NC.

Week 1: Product and Installation Training (Owner and Technician)

New Franchisees and their technician get hands on training as well as classroom training and manufacturer certification on all of our Core Products.

Week 2: Operations Training (Owner)

• Operations Management
• Mobilink System (Proprietary Business Management System)
• Sales and Marketing
• Financial Controls for the business

Operational and Marketing Tools:

Marketing Includes:

• Brand Management
• Google and Bing Ads Certified
• Online Presence and Lead Generation
  • Graphic Designers
  • Copywriters
  • Social Media
  • Web Developers
  • Public Relations
• Comprehensive Catalog of Marketing Materials and Tools

Financing Assistance: N/A