Do you want to start an ISP business by buying a franchise? If YES, here are 4 best internet service provider franchise opportunities for sale and their cost.
An Internet service provider (ISP) is an organization that provides services for accessing, using, or participating in the Internet. Internet service providers may be organized in various forms such as commercial, community-owned, non-profit, or otherwise privately owned. The services that are provided by ISPs include Internet access, Internet transit, domain name registration, web hosting, Usenet service, and colocation.
The penetration of internet services across the world has been improving year in year out, owing to ever innovative individuals who will never rest until the whole world becomes a global village. With the prevalence of internet today, it is sad to note that only 3.5 billion people can access the internet in this age and era.
High speed internet is generally considered to be 25Mbps or faster. In 2016, 50 percent of U.S. households had either one or zero broadband providers in their area. Though this figure has improved tremendously, but this still points to the fact that more work still needs to be done in this area, and more service providers are needed to give the public faster, cheaper and easily accessible internet.
If you are thinking about going into this industry, your best bet would be to buy the franchise of a well-known internet service provider. If you carry out your research well, you would notice that only a few internet service providers franchise their business. But that notwithstanding, there are still some very popular internet service providers that can allow you buy their franchise. They include;
4 Best Internet Service Provider Franchise Opportunities for Sale and Their Cost
- Patriot Broadband
Patriot Broadband is an internet service provider (ISP) that services homes, businesses, schools and more. Patriot Broadband gives you high speed internet access that is reliable and secure. Their mission is to bring reliable, fast and secure internet connections to rural areas throughout America.
As one of the few wireless internet service provider franchise in the United States, this is a unique opportunity for franchisees to tap into an incredible revenue opportunity and know they are making their community a better place at the same time.
Founded by US Air Force veteran Rodney Ballance Jr., Patriot Broadband offers franchisees an investment opportunity that will also be an investment in their community. Patriot Broadband builds networks for franchisees using the latest and most efficient technology available. Franchisees would benefit from time-tested systems and proven procedures that prevent costly mistakes.
Due to their bulk purchasing power, Patriot franchisees enjoy the benefit of reduced costs on equipment and supplies. Franchisees and their employees receive expert training, support, and the most robust business management systems available. Their exclusive system provides up-to-the-minute access of inventory, billing, network status, CRM and much more.
Patriot Broadband has relationships with third-party sources which offer franchise financing to cover franchise fee, startup costs and equipment.
- Total startup costs – $47,900 to $78,350
- Franchise fee – $29,900
- Ongoing Royalty Fee – 8%
- Veteran Incentives – 25% off franchise fee
- WSI (We Simplify the Internet)
WSI Internet, founded in 1995, has a network of consultants that spreads across more than 87 countries and six continents, providing Internet services to small- and medium-sized businesses. WSI Internet is based in Toronto, Ontario, and has been franchising since 1996.
WSI is the world’s largest network of digital marketing consultants. Their franchisees provide customized digital marketing solutions to businesses from all industries and sizes.
When you partner with WSI, you gain a support system for life. They will be with you along every twist and turn of your journey through entrepreneurship. From the startup training to the coaching, from the ongoing training to the constant flow of marketing materials, the support from franchise headquarters never stops.
- Initial Investment – $64,450 – $94,550
- Net-worth Requirement – $200,000
- Liquid Cash Requirement – $60,000 – $95,000
- Initial Franchise Fee – $49,700 – $69,700
- Ongoing Royalty Fee – 10%
- Wireless Zone/Verizon
The Wireless Zone franchise system is the largest independent, carrier-exclusive, wireless retailer in the country that is partnered with Verizon. Their partnership is highly sought-after as it provides invaluable advantage from the country’s most advanced wireless technology carrier.
Wireless Zone is the only Verizon franchisor in the U.S. Each location is a technology center offering the latest wireless devices, smart home products, Bluetooth accessories, and more.
Since their humble beginnings in 1988, Wireless Zone® franchisees have been providing award winning customer service to local communities across America. What started as the innovative idea of “The Car Phone Store”, evolved into the Wireless Zone franchise system, plus technology centers that sell solutions to keep customers connected and productive. The Wireless Zone® franchise system is the largest independent, carrier-exclusive, wireless retailer in the country.
Wireless Zone offers in-house financing to cover the following just the franchise fee and inventory, and the company has relationships with third-party sources which offer financing to cover the following: startup costs, equipment and inventory.
- Liquid capital required – $175,000
- Net worth required – $250,000
- Investment – $128,000 – $393,500
- Franchise fee – $30,000
- Ongoing Royalty Fee – 9-22%
T-Mobile offers a Exclusive Dealer Program which generally cost far less then the competitors with a general initial investment of $65,000. They offer the most complete package with onsite training and field support for the dealer along with access to T-Mobile customer programs.
The program calls for consignment inventory freeing up the dealers cash flow to focus on his stores success. It’s the only dealer program in the industry that allows the dealer equal planning ground with corporate retail. Visit Mobiledealers.net for details on the programs that are currently active.
- Initial investment – $65,000