Status Solutions Network
Status Solutions Network provides local businesses with access to a community-based advertising platform and membership program. We work with businesses, schools, senior living communities, hotels, retailers, and other local organizations to help them reach both a national audience through our Network Directory and a targeted local audience through our technology platform. Our business is operated from a single location within a defined territory, with a focus on selling memberships and building relationships with community venues. We also help connect communities with schools, living communities, and other organizations that want to support local businesses and engagement.
Your franchise match score
Technology
Brand highlights
- CEO
- Headquarters999 Country Line Road West, Westerville, OH, 43082
- Year founded2020
- Year started franchising2020
- IndustryTechnology
- Locations open2 (+2 last three years)
Statistics & metrics
- Investment range$46,500 - $67,900
- Franchise fee$39,500
- Royalty15% of Gross Revenues with a minimum Royalty of $500 per month
- Brand fund3% of Gross Revenues, subject to increase
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Technology industry:
Technology franchises include IT support, computer repair, and digital marketing. As technology becomes integral to daily life, this sector offers opportunities for tech-savvy entrepreneurs.
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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: 2024-04-29
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Status Solutions Network, 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 Status Solutions Network's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Status Solutions Network, 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 Status Solutions Network franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Status Solutions Network provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 2 |
| Franchise locations | 2 |
| Corporate locations | 0 |
System growth over time
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