Kix Mobile Announces “No Fee” Area Development and New Startup Package for Franchisees
The initiatives will save hundreds of thousands of dollars for Kix Mobile franchisees on territory and new store development!
(Orlando, FL) November 1, 2017 – Kix Mobile is serious about franchisee success and further demonstrated that this week by announcing two new initiatives - a “no fee” Area Representative model and a comprehensive store startup package incorporated into new store franchise fees.
Area Representation (AR) also known as Regional Development is a common growth tactic in franchising, whereby ARs purchase large territorial rights to recruit new single and multi-unit franchisees and share in the growth through splits on initial Franchise Fees and Royalties. This week, Kix Mobile reinvented that process by announcing a “no initial fee” AR program for candidates interested in building and managing a large Kix Mobile store territory. While the opportunity has “no fee” attached to it, the potential AR must meet Kix Mobile qualifications and open a pilot store within their territory. Kix Mobile AR territories comprise of a minimum of 20 store locations. Conversions of existing phone or phone repair stores are also accepted for the initial pilot store if they meet Kix Mobile’s conversion criteria.
The second initiative announced this week is a comprehensive store package included in the initial Franchise Fees for new single and multi-unit owners. The initial Franchise Fee is $30K for a single store and $70K for a 3-store package. The Franchise Fee now includes a $10K Rebate towards store marketing, a Store-in-a-Store Kiosk or like amount towards store fixtures, POS Hardware and $5K of Inventory. The new startup package re-investment from Kix Mobile will save tens of thousands of dollars on store development for a new owner and help them ramp up store sales quicker.
“Our brand goal is enormous scale, and the only thing that will get Kix Mobile to that goal is successful franchisees.” said Paul Wolbert, CEO of Kix Mobile. “We only want the best Area Representatives (AR) in our system to help us grow - and we don't want expensive fees getting in the way of a great candidate applying for it. The “no fee” AR program and the inclusive startup package allows our owners to apply the cash they normally would spend on the AR deal and store opening to other development needs for their store(s), thereby accelerating their sales curve.”
Kix Mobile is changing the way you buy and repair mobile devices. Kix Mobile stores buy, sell, trade mobile devices, provide replacement Xchange-Repair™, sell accessories and offers Prepaid phone plans. Taking advantage of the shift to replacement rather than repair – Kix Mobile Xchange-Repair™ is a new and innovative approach to device repair by providing fast and easy device and data exchange for one low price. Typically, Xchange-Repair™ pricing is comparable to a standard repair shop fee. I.E. You hand a Kix team member your iPhone® or Samsung® with a broken camera and they hand you back a high quality Certified Pre-Owned phone with your data restored for an affordable flat fee. Why wait for hours to get your mobile device repaired; when Kix Mobile can swap it out and have you on your way in minutes!
According to a Morgan Stanley study, mobile technology is growing faster than any other industrial or technology segment has ever grown in human history. Backed by a world-class management team with nearly a 100 years of combined franchise experience, the founders of Kix Mobile have created and grown some of the most iconic brands in the world such as Massage Envy, U.S. Lawns, Ident-A-Kid, Computer Doctor/Expetec… and helped create the Geek Squad.
About Kix Mobile
Based in Orlando, FL and founded in 2016, Kix Mobile is changing the way you buy and repair mobile devices. Kix Mobile stores buy, sell, trade mobile devices, provide replacement Xchange-Repair™, sell accessories and offers Prepaid phone plans. Kix Mobile currently has stores open or in development in Illinois, North Dakota, Florida, and Canada. For more information visit www.KixMobile.com or for franchise information, visit www.KixFranchise.com or call 480-331-3171.
Dan Durney, CFE
SVP of Franchise Development