- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$62K - $130K
- Units as of 2020
-
9
Company Overview
About Mowbot
Business Overview
Franchising Since | 2017 (7 years) |
---|---|
# of employees at HQ | 9 |
Where seeking |
This company is offering new franchises in the following US states: |
# of Units | 9 (as of 2020) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Mowbot franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$39,000 |
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Initial Investment
|
$61,510 - $129,680 |
Cash Requirement
|
$50,000 |
Veteran Incentives
|
10% off franchise fee (up to $10,000) |
Royalty Fee
|
7% |
Ad Royalty Fee
|
3% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Mowbot has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Classroom Training | 40 hours |
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Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
Yes |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
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