Wireless Toyz Franchise

Cellular phones, satellite systems & accessories

NO LONGER FRANCHISING: If this is a mistake please contact our Franchise Support for update.
Founded in 1998, Wireless Toyz has become the most unique concept in the retail wireless industry. Unlike other retailers that carry only one or 2 carriers, Wireless Toyz decided to design and market a different kind of wireless store that would be dedicated to offering customers almost every cellular and satellite provider in one location. Customers love our one stop shopping locations as they're able to find the best provider to fit their personal and business needs. We've negotiated a non-exclusive contract with Nextel, Sprint, AT&T, T-Mobile, Verizon, Dish Network, and Direct T.V. We also offer regional carriers such as Alltel, Einstein PCS, Cellular One, AirTel and 3 Rivers. Our concept has propelled Wireless Toyz to the front as one of the largest non-exclusive wireless retailers in the country. After opening our first location in 1998, less than twelve months later, Wireless Toyz had opened multiple locations throughout Michigan. In September 2001 Wireless Toyz began franchising to entrepreneurs who wanted to own their own store. By July 2003 Wireless Toyz began offering Master Franchise programs to companies who wanted to dominate a particular market.Wireless Toyz 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 Wireless Toyz stores or large chain stores. Wireless Toyz has created an ideal alternative, which focuses on: *Multiple carrier stores *Expert customer service *Knowledgeable Wireless Experts *Competitive pricing *The largest selection of cellular phones, satellite systems and accessories in the industry.Wireless Toyz caters to their customers through many innovative programs such as referral credits, volume purchase discounts, and much more. Wireless Toyz leads the retail cellular industry by putting the customer first. Wireless Toyz continues to prove that multi-carrier stores provide an incredible income and growth opportunity.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Wireless Toyz, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Wireless Toyz website.

How much does it cost to open a Wireless Toyz Franchise ?

The investment required to open a Wireless Toyz Franchise is between $190,000 - $300,000 . There is an initial franchise fee of $30,000 which grants you the license to run a business under the Wireless Toyz name.

Individual Franchise Costs

  • Initial Investment:
    $190,000 -
  • Initial Franchise Fee:
    $30,000
  • Royalty Fee:
    13%
  • Term of Agreement:
    10 years
  • Renewal Fee:
    $10K

Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Support
Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing
Co-op advertising, Ad slicks, Regional advertising

Wireless Toyz Growth History

When did the first Wireless Toyz open? 1995
When did Wireless Toyz start Franchising ? 2001

Year U.S.A. Canada International Corporate
2005 75 0 0 2
2004 34 0 0 2
2003 24 0 0 3
2002 13 0 0 4
2001 8 0 0 5

Number of employees needed to run franchised unit: 4 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

General business experience

Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming,



How much money you could make as a Wireless Toyz Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Wireless Toyz Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Wireless Toyz Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Wireless Toyz and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Wireless Toyz franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.