101 MOBILITY
Retail business that sells, rents, installs, and services mobility and accessibility equipment and accessories such as stair lifts, auto lifts, vertical lifts, patient lifts, elevators, and ramps for homes and commercial facilities.
Your franchise match score
Home Services
Brand highlights
- CEO
- Headquarters5221 Oleander Drive, Wilmington, NC, 28403
- Year founded2010
- Year started franchising2010
- IndustryHome Services
- Locations open193 (+22 last three years)
Statistics & metrics
- Investment range$181,850 - $258,600
- Franchise fee$74,000
- Royalty7% of Gross Sales from the Franchised Business for up to $500,000 in Gross Sales; 6% of Gross Sales in excess of $500,000 and up to $1 million; 5% of Gross Sales in excess of $1 million; 7% for Outside Territory Sales; and 10% of Gross Sales if, on the expiration of your franchise agreement, you continue to operate and we, at our option, extend the term of your franchise agreement month-by-month.
- Brand fund
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Home Services industry:
Home services cover everything from interior design and cleaning to landscaping and pest control. With homeowners constantly investing in their properties, this industry offers consistent demand and growth potential.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-07-30
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about 101 MOBILITY, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of 101 MOBILITY's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving 101 MOBILITY, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a 101 MOBILITY franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information 101 MOBILITY provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 193 |
| Franchise locations | 177 |
| Corporate locations | 16 |
System growth over time
FAQs
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