Breaking Down the Initial Investment for a Screenmobile Franchise
October 23, 2023
Are you considering a leap into the world of franchising? The idea of owning your own business within a thriving industry is an enticing prospect, but one important question remains. How much does it cost to launch a Screenmobile franchise? We’re breaking down the initial investment for a Screenmobile franchise owner to help you better understand the costs and fees associated with franchising.
How much does it cost to launch a Screenmobile franchise?
Screenmobile offers an opportunity to grow a business in a booming industry, but how much does this opportunity cost? The initial investment range for a Screenmobile franchise owner is between $118,375 and $204,170. The exact initial investment for a Screenmobile franchise will vary depending on a variety of factors, including market specific, equipment costs, and more.
These numbers can seem overwhelming, but there are important considerations to remember. Some franchise opportunities demand investments of up to a staggering $5 million. On average, the typical franchise investment hovers between $100,000 and $300,000.
When it comes to franchise startup costs, Screenmobile is on the lower end of the spectrum. The reason for Screenmobile’s affordability? It’s built on a home-based mobile business model, allowing for a more cost-effective entry into entrepreneurship.
What is included in your initial investment?
Your initial Screenmobile franchise investment covers several key components, including your franchise fee, territory fee, and start up package.
- Initial Franchise Fee: To secure your Screenmobile franchise, there’s an initial franchise fee of $49,500.
- Initial Territory Fee: The territory fee is calculated based on the number of households in your designated area and is determined before you sign your franchise agreement.
- Start Up Package: The Screenmobile start up package encompasses the essentials to kickstart your business, including equipment, supplies, and support services.
- Inventory and Supplies: The initial inventory and supply costs can range between $15,000 and $20,000, giving you the necessary resources to serve your customers effectively.
- Additional Expenses: Of course, launching a business comes with various expenses, such as lease costs, deposits, phone and internet services, training, and more.
Are there any discounts available for Screenmobile franchise owners?
Screenmobile is a member of the International Franchise Association (“IFA”) and we participate in the IFA’s VetFran® Program. This program offers exclusive franchising discounts for qualified veterans. We reduce the total of the Franchise Fee and Territory Fee by 30% for all honorably active and discharged veterans of American and Canadian armed forces for the first franchise only.
Screenmobile also offers exclusive discounts for minority-owned and women-owned businesses. We reduce the total of the Franchise Fee by $5,000 for all minority-owned and women-owned businesses for the first franchise only.
What benefits do Screenmobile franchise owners receive?
Your investment in a Screenmobile franchise isn’t just about the initial costs; it’s about the value you receive. As a Screenmobile franchise owner, you gain access to comprehensive support and extensive training to help you operate your mobile screening business. As a Screenmobile franchise owner, you can expect:
- Comprehensive Training: Attend Screen School at our headquarters for hands-on training from experienced instructors. Initial training also covers essential aspects of business operations, including administration, marketing, and sales.
- Ongoing Training: Our team will continue to equip you with the knowledge and skills needed to run and expand your Screenmobile franchise.
- Technology: Utilize field management software specifically designed for service-based businesses to schedule jobs, manage technicians, and more.
- Networking: Connect with our network of Screenmobile franchise owners to exchange experiences, advice, and support as you navigate your business journey.
- Marketing: Access a wealth of marketing tools, resources, and support to reach new customers in your market and promote your business effectively.
- Hiring & Retention: Leverage proven job descriptions and quality job boards to attract top candidates, and receive support to retain high-performing employees.
- And More: At Screenmobile, our commitment to your success means that we are continually expanding our support and training to help you improve and grow your business.
Learn More About the Screenmobile Franchise Investment
Are you interested in starting your own Screenmobile franchise? Our team is ready to guide you through the Discovery Process and explain the Screenmobile franchise investment and opportunity in greater detail. Reach out to us today with any questions you may have about franchising with Screenmobile.