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MOBILITY PLUS STORES

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.

$169K–$314K
Since 2023
RetailMiami, FLMobility Plus Holdings, LLCwww.mobilityplus.comDisclaimer

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Franchise Costs

Franchise Fee
$35,000
Initial Investment
$168,795 – $313,595
Royalty Rate
6.00%
Brand Fund
2.00%
Fixed Monthly Fees
$399 – $399

6% royalty + 2% ad fund + $399/mo technology fee

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

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MOBILITY PLUS STORES Franchise Analysis

A brand-new entrant in the mobility aids niche, Mobility Plus Stores launched franchising in 2023 and already shows unusual traction through federal lending programs. With VA referral partnerships teased in the FDD, and a surprising volume of SBA-backed deals despite its youth, this system raises eyebrows for rapid validation. But without disclosed earnings in Item 19, does the loan momentum signal real scalability or hidden risks?

Item 7 lays out the financial entry: initial investment spans $168,795 to $313,595, including a $35,000 franchise fee, buildout for showrooms stocking scooters, wheelchairs, ramps, and accessories, plus inventory and working capital. Ongoing fees hit 6% royalty on gross sales, 2% brand/ad fund, and a flat $399 monthly technology fee—positioning total fees around 8% plus fixed costs, which could squeeze thin margins in a specialized retail segment. No Item 19 means no official revenue or profit figures from existing franchisees, a notable gap for a 2024 FDD that forces reliance on anecdotal validation; prospective investors must dig into FDD Items 20/21 for unit growth, though with franchising barely a year old, closure/termination data is minimal but clean so far.

System health metrics paint a cautiously optimistic picture: 10 projected new units signal franchisor ambition, while 51 SBA loans on record average $157,424 with a low 5.9% default rate—far better than many mature systems and impressive for a Miami-based newbie targeting elderly/veteran demographics. This lending activity suggests banks see viability in the VA-fed referral model, but the absence of earnings transparency amplifies risks in a market sensitive to healthcare reimbursement shifts. For hands-on operators eyeing steady B2C demand, it's a ground-floor play with momentum, yet the lack of proven unit-level economics demands extra scrutiny before committing.

Analysis based on the 2024 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How MOBILITY PLUS STORES Compares

Key Insights

  • Lower than average SBA loan default rate in Specialty Retail
FranchiseInvestmentFeeRoyaltyLocations
MOBILITY PLUS STORES
Current
$169K – $314K$35K6.0%0
MERLE NORMAN COSMETICS$48K – $260KN/AN/A797
CORNWELL$80K – $324KN/AN/A793
BATTERIES PLUS$285K – $537K$50K5.0%601
PET SUPPLIES PLUS$537K – $2.0M$50K3.0%502
WILD BIRDS UNLIMITED$227K – $379K$40K4.0%340
Specialty Retail Average
47 franchises
$284K – $703K$39K5.0%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 47 Specialty Retail franchises by location count.

SBA Loan History


Historical SBA 7(a) loan data for MOBILITY PLUS STORES franchisees (20202025)

Total Loans
51
Average Loan
$157,424
Total Volume
$8.0M
Default Rate
5.9%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

51 SBA loans on record

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Franchisee Contacts

4 franchisee contacts on file from official FDD filings.

4 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
10

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Frequently Asked Questions

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.