GreenLight Mobility
Provides home modifications for disabled individuals and people with limited mobility, along with contracting services such as assessments, evaluations, consultations, estimates, home improvement, home maintenance, remodeling, and related mobility services.
Your franchise match score
Home Services
Brand highlights
- CEOKaren Frank
- Headquarters111 Canfield Ave., Randolph, NJ, 07869
- Year founded2015
- Year started franchising2016
- IndustryHome Services
- Locations open2 (+1 last three years)
Statistics & metrics
- Investment range$116,200 - $180,500
- Franchise fee$43,500
- Royalty7% of Gross Sales up to $2,000,0000 per year, with a $500 monthly minimum per Licensed Service Area. 6% on Gross Sales in excess of $2,000,001 up to $3,000,000 per year. 5% of Gross Sales in excess of $3,000,001 per year (3)
- Brand fund2% of Gross Sales
- 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: 2024-02-28
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about GreenLight 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 GreenLight Mobility's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving GreenLight 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 GreenLight Mobility franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information GreenLight Mobility provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 2 |
| Franchise locations | 1 |
| Corporate locations | 1 |
System growth over time
FAQs
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