Question 1

How much does it cost to open a 101 Mobility franchise?

Accepted Answer

The total initial investment for a 101 Mobility franchise ranges from $182K to $259K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the 101 Mobility franchise fee?

Accepted Answer

The initial franchise fee for 101 Mobility is $74K.

Question 3

What are the net worth requirements for a 101 Mobility franchise?

Accepted Answer

Net worth requirements for 101 Mobility are specified in the Franchise Disclosure Document.

Question 4

Does 101 Mobility require a personal guarantee?

Accepted Answer

Yes, 101 Mobility requires a personal guarantee from franchisees.

Question 5

What equipment and inventory costs are involved with a 101 Mobility franchise?

Accepted Answer

Equipment costs for a 101 Mobility franchise range from $12K to $18K. Initial inventory costs range from $12K to $18K.