- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$57K - $171K
- Units as of 2013
-
24
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(15 years)
- # of employees at HQ
- 25
- Where seeking
-
This company is offering new franchisees in the following US states:
- # of Units
- 24(as of 2013)
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
- 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
- Third Party Financing
- K&N Mobile Franchises has relationships with third-party sources which offer financing to cover the following: equipment
提供培训和支持
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 3 weeks
- Classroom Training
- 1 week
- Ongoing Support
-
Purchasing Co-opsMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField 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
Interested in ownership opportunities like K&N Mobile Franchises? Request a free consultation with a Franchise Advisor now.
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