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Wireless Zone franchise financing options
Compare costs, fees and where to get financing for a Wireless Zone.
Estimated initial costs
Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Wireless Zone franchise may result in higher or lower fees.
Franchise feesWireless Zone franchise fees total around $13,000, which beats out the $37,000 average for the 200 largest franchises nationwide.
|Initial franchise fee||$1,000 to $25,000|
|Estimated total||$1,000 to $25,000|
Equipment feesEquipment fees total $13,000 for Wireless Zone. This is less than the $180,023 average for the top 200 franchises.
|Business equipment and supplies||$10,000 to $16,000|
|Computer equipment, signs, fixtures, kiosks and displays||The then-current costs for computers, POS equipment, signs, fixtures, etc., at the time of each remodel or upgrade. Current remodel fees range from $35,000 to $70,000 or more, depending on the scope of the remodel.|
|Estimated total||$10,000 to $16,000|
Real estate feesReal estate will set you back $30,000 for Wireless Zone, thought it's less than the average of $788,376 for the top 200 franchises.
|Real estate and rent||Not Included to|
|Real estate improvements||$10,000 to $50,000|
|Estimated total||$10,000 to $50,000|
Training feesWireless Zone initial training costs total $5,250, which comes in under the nationwide average of $9,788.
|Travel and living expenses while training, per person||$2,500 to $8,000|
|Estimated total||$2,500 to $8,000|
Inventory costsInitial inventory for Wireless Zone shakes out to $62,500. This is more expensive than the nationwide average of $53,119.
|Initial product inventory||$50,000 to $75,000|
|Estimated total||$50,000 to $75,000|
Marketing costsAdvertisement and marketing costs total up to $5,000 for Wireless Zone, beating out the nationwide average of $9,938.
|Initial marketing program||$5,000 to $5,000|
|Estimated total||$5,000 to $5,000|
Administrative feesWireless Zone administrative fees total up to $20,500 — which comes in over the overall nationwide average of $6,761.
|Sales tax, use tax, other similar tax, freight and delivery charges||$3,000 to $38,000|
|Estimated total||$3,000 to $38,000|
Other expensesMiscellaneous expenses for Wireless Zone total $9,000 — less than the nationwide average of $69,970.
|Miscellaneous opening costs||$2,500 to $15,500|
|Estimated total||$2,500 to $15,500|
How to financeSince the estimated total for Wireless Zone is on the more costly side, we recommend following these steps to get fully financed:
- Go to the Wireless Zone franchising website and review its financial requirements, including cash-on-hand requirements.
- Reach out to Wireless Zone about in-house financing for franchisees.
- If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $158,250 estimated opening costs.
- Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
- Once you settle on a lender, gather all required documents, including account statements and assets.
- Apply for financing online or in person as required by the lender.
What types of financing is available?You have several options when it comes to financing a Wireless Zone — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
- Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
- Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Wireless Zone opening costs.
- SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Compare small business lendersYou may not need financing to cover the estimated $84,000. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
How Wireless Zone stacks upCompare how Wireless Zone holds up against two similarly sized franchises.
|Rainbow International Restoration||Wireless Zone||100 Montaditos|
|Average Franchise fees||$40,000||$13,000||NA|
|Average Equipment fees||$92,000||$13,000||NA|
|Average Real estate fees||NA||$30,000||NA|
|Average Training fees||$8,300||$5,250||NA|
|Average Inventory fees||NA||$62,500||NA|
|Average Marketing fees||$20,000||$5,000||NA|
|Average Licenses and permits fees||$2,638||NA||NA|
|Average Insurance fees||$11,250||NA||NA|
|Average Admin fees||NA||$20,500||NA|
|Average Personnel fees||$495||NA||NA|
|Average Other fees||$58,750||$9,000||NA|
Bottom lineWireless Zone franchise costs run a total of $158,250. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.
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