Start-Up Costs and Fees |
||
| Device Pitstop | Concerto Networks | |
| Investment | 100700 - 218250 | 23400 - 47900 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 14% |
| Advertising Fee | $2K/yr | |
| Year Founded | 2013 | 2002 |
| Year Franchised | 2013 | 2003 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Device Pitstop | Concerto Networks | |
| Experience | Industry experience General business experience Marketing skills | |
Financing Options |
||
| Device Pitstop | Concerto Networks | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Device Pitstop | Concerto Networks | |
| Training | Product knowledge workshops and using the technology systems and tools in our stores. The entire infrastructure of the store is preconfigured and setup for you, but it's imperative you learn the basics behind the systems. We understand that you are not a technician, but as a business owner, you need to be able to know the product, speak the language, and understand the processes that your technicians will go through. This part of the training is actually the section our franchisees really enjoy. On-The-Job Training: 20 hours Classroom Training: 63 hours | |
| Support | Ongoing support services include: Grand Opening assistance. Ongoing communication between corporate and franchisees. Planned yearly convention. Continuous networking between franchisees. Personal review of monthly sales figures to ensure proper growth. Continuous research and development. Newsletter Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | When you begin your training, you will further explore your store location, merchandising, signage, advertising, and budgeting needs. You will also work with a media buyer on your opening campaign, as well as working with Device Pitstop on a grassroots, local marketing campaign. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Device Pitstop | Concerto Networks | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Device Pitstop | |
| Concerto Networks | |
| Franchise Fee | |
| Device Pitstop | |
| Concerto Networks | |
| Royalty Fee | |
| Device Pitstop | 5% |
| Concerto Networks | 14% |
| Advertising Fee | |
| Device Pitstop | $2K/yr |
| Concerto Networks | |
| Year Founded | |
| Device Pitstop | 2013 |
| Concerto Networks | 2002 |
| Year Franchised | |
| Device Pitstop | 2013 |
| Concerto Networks | 2003 |
| Term Of Agreement | |
| Device Pitstop | |
| Concerto Networks | 10 years |
| Renewal Fee | |
| Device Pitstop | |
| Concerto Networks | Varies |
Business Experience Requirements |
|
| Experience | |
| Device Pitstop | |
| Concerto Networks | Industry experience General business experience Marketing skills |
Financing Options |
|
| Franchise Fees | |
| Device Pitstop | |
| Concerto Networks | |
| Start-up Costs | |
| Device Pitstop | |
| Concerto Networks | |
| Equipment | |
| Device Pitstop} | |
| Concerto Networks | |
| Inventory | |
| Device Pitstop | |
| Concerto Networks | |
| Receivables | |
| Device Pitstop | |
| Concerto Networks | |
| Payroll | |
| Device Pitstop | |
| Concerto Networks | |
Training & Support |
|
| Training | |
| Device Pitstop | Product knowledge workshops and using the technology systems and tools in our stores. The entire infrastructure of the store is preconfigured and setup for you, but it's imperative you learn the basics behind the systems. We understand that you are not a technician, but as a business owner, you need to be able to know the product, speak the language, and understand the processes that your technicians will go through. This part of the training is actually the section our franchisees really enjoy. On-The-Job Training: 20 hours Classroom Training: 63 hours |
| Concerto Networks | |
| Support | |
| Device Pitstop | Ongoing support services include: Grand Opening assistance. Ongoing communication between corporate and franchisees. Planned yearly convention. Continuous networking between franchisees. Personal review of monthly sales figures to ensure proper growth. Continuous research and development. Newsletter Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Concerto Networks | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Device Pitstop | When you begin your training, you will further explore your store location, merchandising, signage, advertising, and budgeting needs. You will also work with a media buyer on your opening campaign, as well as working with Device Pitstop on a grassroots, local marketing campaign. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Concerto Networks | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Device Pitstop | |
| Concerto Networks | Franchise can be run from home. International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 1 - 2 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Device Pitstop | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Concerto Networks | |
| Canada Expansion | |
| Device Pitstop | |
| Concerto Networks | |
| International Expansion | |
| Device Pitstop | |
| Concerto Networks | |