MOBILITY PLUS STORES
Mobility Plus Stores franchises operate showrooms that sell, service, and rent new and used mobility-related products, including scooters, power wheelchairs, portable ramps, scooter lifts, manual mobility aids, and related accessories. Franchisees may receive referrals from US Department of Veterans Affairs Medical Centers near their locations, with payments processed through the franchisor. The target market primarily consists of elderly, disabled, or handicapped individuals, including military veterans.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
6% royalty + 2% ad fund + $399/mo technology fee
Franchise Stats
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How MOBILITY PLUS STORES Compares to Other Specialty Retail Franchises
Key Insights
- Lower than average SBA loan default rate in Specialty Retail
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
MOBILITY PLUS STORES Current | $169K - $314K | $35K | 6.0% | 0 |
| MERLE NORMAN COSMETICS | $48K - $260K | N/A | N/A | 797 |
| CORNWELL | $80K - $324K | N/A | N/A | 793 |
| BATTERIES PLUS | $263K - $497K | $45K | 5.0% | 604 |
| PET SUPPLIES PLUS | $537K - $2.0M | $50K | 3.0% | 502 |
| WILD BIRDS UNLIMITED | $227K - $379K | $40K | 4.0% | 340 |
Specialty Retail Average 46 franchises | $285K - $708K | $38K | 5.0% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 46 Specialty Retail franchises by location count.
SBA Loan History
Historical SBA 7(a) loan data for MOBILITY PLUS STORES franchisees (2020 - 2025)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a MOBILITY PLUS STORES franchise?
The total initial investment to open a MOBILITY PLUS STORES franchise ranges from $168,795 to $313,595. This includes a franchise fee of $35,000. Ongoing royalty fees are 6.0% of gross sales.
Can you get an SBA loan for a MOBILITY PLUS STORES franchise?
Yes, SBA loans are available for MOBILITY PLUS STORES franchises. Historical data shows 51 SBA 7(a) loans have been approved for MOBILITY PLUS STORES franchisees, with an average loan amount of $157,424. The historical default rate is 5.9%.
Is MOBILITY PLUS STORES a good franchise to buy?
MOBILITY PLUS STORES shows several positive indicators: low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in MOBILITY PLUS STORES?
Talk to a franchise advisor to get personalized guidance and learn if MOBILITY PLUS STORES is the right fit for you.
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