101 Mobility Announces Franchise Plans
- By Laurie Watanabe
- May 03, 2010
Citing the graying of America, 101 Mobility, a mobility provider based in Wilmington, N.C., has announced its intentions to expand via a new franchise program.
CEO Dave Pazgan says he expects to grant 12 franchises this year and more than 150 franchises within five years.
"There are several thousand mobility products dealers across the country," Pazgan says, "but most deal only in their local market or, at best, on a regional level with quality of service varying from dealer to dealer."
Quoting census bureau statistics about aging baby boomers, Pazgan says in a news release that he needs "individuals with a real sense of ownership if we want to scale 101 Mobility to a national level, while providing U.S. consumers with a trusted, national brand-name dealer where standards of service and quality exist."
The company estimates that initial franchise investments will range from $85,000 to more than $120,000, and adds that the initial franchise "can be launched from home, although after about three months, a move to a small office/warehouse location will be necessary." 101 Mobility envisions franchise holders hiring sales and operations staff and a service manager as needed. It also anticipates installations and service calls "will typically be handled by a 101 Mobility-trained contractor or employee handled by the franchisee."
101 Mobility says its current product mix consists of modular ramps and stair lifts (approximately 50 percent of total sales), porch lifts (20 percent), auto lifts (15 percent), patient lifts (10 percent) and automotive turning seats (5 percent). A news release says the company also sells power chairs, scooters, walkers, beds and other medical equipment.
Laurie Watanabe is the editor of Mobility Management. She can be reached at email@example.com.