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Home > Franchises > Wireless Zone
Wireless Zone
A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor. In 1988, Russ Weldon created what he then called The Car Phone Store. He envisioned a retail store solely devoted to wireless communications products and services, and he made it happen. At that time, few people knew what cellular was all about and a stand alone wireless store was truly a unique idea. People were used to finding out about cellular at one of those huge, mega electronics stores that also sold stereos, air conditioners and microwaves not exactly the easiest and most informative way to buy cellular. They changed their name to Wireless Zone in 1999 in order to convey more clearly the products that they sold then and still sell today. Their name changed with the evolution of the products and services. Any offer to sell a franchise will be made only after individuals have completed a Wireless Zone franchise application and been qualified to receive a Uniform Franchise Offering Circular. Other qualifications will apply in determining whether you will be offered a Wireless Zone franchise. The costs and fees include total investment of $44900 to 148800, Express kiosk option available, franchise fee is $1000 to 25000, ongoing royalty fee varies, and Term of agreement is 7 years, renewable and renewal fee is $7500. The company’s ranking in Franchise 500 is 135 in 2006, 101 in 2005, 165 in 2004, 190 in 2003, and 185 in 2002 according to Entrepreneur magazine 2002-2006. They sell the total cellular solution and specialize in the sale of Verizon Wireless Voice and Data Services. Whether it’s Music on Demand, EVDO Video Services, Vehicle Navigation, SMS Messaging, EasyPay Service, or the products and accessories you need to access these services, Wireless Zone’s independent franchise owners are in a town near you ready to service your needs.
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