With the number of aging and disabled on the rise, motorized scooters are in demand just about anywhere--from grocery stores and retail chains to amusement parks and zoos. Opening a scooter franchise is a way for entrepreneurs to take advantage of this growing trend. With your financial requirements met, franchise training complete and an understanding of expectations, you can be well on your way to opening your scooter franchise.
Research the scooter franchise opportunities that are available through companies such as Great American Scooter and 101 Mobility. You will find pre-qualification information, such as financial net worth and capital investment requirements, that will help you in your decision.
Fill out the online franchise request application from the franchise website. A representative from the company will contact you to discuss opportunities in your area and the financial requirements. He will gather information about your business background.
Speak with the franchise representative and provide the representative with the requested information. Ask any questions you may have about the franchise, such as the financial performance of other franchisees; if any financing options are available; the typical time-frame to start turning a profit; and the total amount needed to start the franchise. A Franchise Disclosure Document will be provided with further details about the franchise and what is to be expected of both you and the franchiser.
Fill out the application and sign the Franchise Disclosure Document.
Find locations that will be approved by the franchise. A scooter franchise can typically find success in a high-traffic area with at least a 10 per population of individuals over the age of 65.
Sign the Franchise Agreement and submit it to the franchise.
Attend training at the corporate location where you will learn about the scooters; how to handle repairs; Medicare and Medicaid forms; and advertising and operations. Corporate-site training will be followed by several days of on-site training.
Advertise your grand opening with the help of the franchiser. Purchase advertising spots on the radio, television and newspapers. Discuss marketing strategies with the franchiser on the best ways to reach future customers.