Mobility Plus Franchise FDD, Costs & Fees (2024)
KEY FRANCHISE STATS
All you need to know about this franchise in a snapshot
Initial franchise fee
$29,500
Investment required
$125,000 - $221,000
Mobility Plus: Empowering Independence Through Mobility Solutions
Founded in 2007 and headquartered in Hoffman Estates, Illinois, Mobility Plus specializes in providing high-quality mobility equipment and home accessibility solutions. The company began franchising in 2016 and has since expanded to over 50 locations across the United States.
Mobility Plus offers a comprehensive range of products, including mobility scooters, power chairs, lift chairs, stair lifts, ramps, and other assistive devices designed to enhance the independence and dignity of individuals with mobility challenges. The franchise differentiates itself by focusing on private pay transactions, providing flexible financing options, and delivering personalized customer service.
By continually innovating and adapting to the growing needs of an aging population, Mobility Plus has established itself as a trusted provider in the mobility equipment industry. Their commitment to quality products and outstanding service has earned them a reputation for excellence, making a significant impact in the communities they serve.
Initial investment
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
| Type of Expenditure |
Amount |
| Initial Franchise Fee |
$29,500 - $29,500 |
| Point-of-Sale Starter Package |
$1,500 - $1,500 |
| Storage Unit |
$1,800 - $2,700 |
| Grand Opening Marketing |
$15,000 - $15,000 |
| Local Marketing |
$1,500 - $1,500 |
| Insurance (12 Months) |
$2,500 - $8,000 |
| Professional Fees |
$2,000 - $4,000 |
| Initial Inventory |
$25,000 - $40,000 |
| Initial Supplies |
$500 - $1,000 |
| Vehicle |
$1,000 - $5,000 |
| Vehicle Décor |
$1,000 - $3,000 |
| Training Fee |
$0 - $5,000 |
| Bookkeeping Services (6 Months) |
$1,194 - $1,194 |
| Membership Dues |
$300 - $1,400 |
| Technology Fee (6 Months) |
$2,394 - $2,394 |
| Additional Funds (First 6 Months) |
$40,000 - $100,000 |
| Total |
$125,188 - $221,188 |
Get
more
information
about
Mobility Plus
Interested in becoming a franchisee? Get matched with a franchise consultant to discuss your options. For free
Get a free consultationNumber of units
Franchise Disclosure Document
Training
Mobility Plus provides comprehensive training programs to ensure franchisees are well-prepared to operate their business effectively. The training includes:
- Initial Training Program: This program is mandatory for the franchisee’s Principal Executive, conducted online via platforms like Microsoft Teams. It covers a mix of instructional materials, including the Operations Manual, lectures, demonstrations, and practice sessions. The training is facilitated by experienced personnel like Robert Landolfi, who has significant industry experience.
- Pre-Opening Training: This training is provided at no additional fee for first-time franchisees. It is tailored to prepare the franchisee for the business launch, encompassing operational standards and systems.
- Optional On-Site Training: For an additional fee, franchisees can request on-site training or opening assistance. This includes guidance directly at the franchisee’s location and is provided at a daily rate along with coverage of travel expenses for the trainer.
- Designated Manager Training: If a franchisee sends a Designated Manager for training after the business has opened, a fee of $5,000 is applicable. This ensures key personnel are equipped with necessary operational knowledge.
- Continuous Training and Conferences: Mobility Plus may require franchisees to attend conferences or additional training programs to stay updated on new operational standards, products, and services.
Territory Protection
Mobility Plus provides territory protection by assigning a defined area, typically 0.5 to 3 miles around the franchise location, considering geographical and demographic factors.
The franchisor agrees not to establish or license competing outlets within the territory as long as the franchisee complies with the agreement.
However, the protection is not fully exclusive, as Mobility Plus may serve customers in the territory if the franchisee cannot meet demand or violates the agreement. Franchisees are also granted a Designated Marketing Area, which may overlap with other operational channels.
