Mobility PlusFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Mobility Plus franchise requires a total initial investment of $316K – $465K, including a $60K franchise fee and an ongoing 6.0% royalty[2]. Per the 2024 FDD, average unit revenue was $403K[2]. SBA 7(a) loans show a 50.0% charge-off rate across 52 loans[1]. Verdict grade: F. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $316K – $465K
- 32nd pct Retail
- Avg gross sales
- $403K
- 2nd pct Retail
- Royalty
- 6.0%
- 17th pct Retail
- Units
- 53
- 20th pct Retail
- SBA default
- 50.0%
- system-wide median varies by category
Quick verdict · Retail · color = vs category peers
Green = >15% above Retail avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
50.0% of SBA loans charged off across 52 loans, above the 16% franchise average.
The system contracted 16% year-over-year. Investigate why units are closing.
Bottom line
- Total investment $316K – $465K including a $60K franchise fee, 6.0% ongoing royalty.
- Average unit revenue of $403K/year (median $347K).
- Verdict F (Bottom Quintile) with a risk score of 100/100. SBA loan charge-off rate of 50.0% across 52 loans (well above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- Bankruptcy history disclosed in the FDD. Review Item 4 for details before proceeding.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- Mobility Plus Systems, LLC
- CEO title
- CEO and Founder
- Richard Peter
- CEO experience
- 17 yrs
- Years in role or industry
- Founder active
- Yes
- Original founder still leading the business
- Incorporated in
- IL
- HQ
- 2815 Forbs Avenue, Suite 107, Hoffman Estates, Illinois 60192
- Auditor
- Naper CPA Group
- Audited financials
- Franchisor revenue
- $1.2M
- vs $3.5M prior year
Affiliated brands
- Mobility Plus Systems
- Mobility Plus Home Access
- Mobility Plus IP
- Mobility Plus
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Mobility Plus franchisees typically operate retail locations or service centers selling and servicing mobility equipment (wheelchairs, scooters, walkers, accessibility devices) and related home modification services. Day-to-day operations include customer consultations, equipment fitting/adjustments, insurance claims processing, home assessments, and managing technician or support staff.
- CEO
- Richard Peter
- Headquarters
- IL
- Founded
- 2013
- FDD year
- 2024
- States available
- 22
FDD Item 7 · 2024 filing · 19 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $60K | $60K | |
| Point-of-Sale Starter Packagenot refundable | $4K | $4K | |
| Rentnot refundable | $30K | $48K | |
| Lease Security Deposit | $5K | $8K | |
| Utilities | $4K | $6K | |
| Leasehold Improvementsnot refundable | $8K | $20K | |
| Local Marketingnot refundable | $3K | $3K | |
| Insurance (12 months)not refundable | $8K | $12K | |
| Professional Feesnot refundable | $2K | $4K | |
| Initial Inventorynot refundable | $75K | $100K | |
| Showroom Setup (FF&E)not refundable | $8K | $20K | |
| Initial Suppliesnot refundable | $1K | $2K | |
| Vehiclenot refundable | $2K | $10K | |
| Vehicle Decornot refundable | $2K | $6K | |
| Toolsnot refundable | $3K | $5K | |
| Training Feenot refundable | $0 | $5K | |
| Technology Fee (5 Months)not refundable | $2K | $2K | |
| Computer System and Optional Softwarenot refundable | $0 | $800 | |
| Additional Funds (for first 6 months)not refundable | $100K | $150K | |
| Total initial investment | $316K | $465K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$28K
7.0% margin
Unlevered ROIC
5%
EBITDA / total invested capital
Payback
18.3 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $316K – $465K
- Better than avg vs category
- Liquid capital req'd
- $100K – $150K
- Better than avg vs category
- Franchise fee
- $60K – $60K
- Better than avg vs category
- Royalty
- 6.0%
- Gross Sales · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 8.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 6.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $399 |
| Training fee | $5K |
| Transfer fee | $45K |
| Renewal fee | $5K |
| Inventory (initial) | $18K – $26K |
| Total fee load | 8.0% of rev |
Financial Performance
- Avg gross sales
- $403K
- Per unit, per year
- Median gross sales
- $347K
- Item 19 type
- gross_sales
- Sample size
- 48 units
- vs category median 49
- Range (low → high)
- $130K→$1.4M
- Cohort dispersion (min → max)
- Quartile band
- $173K→$738K
- Bottom 25% → top 25%
- Transparency tier
- none
- Categorical assessment of disclosure depth
- Transparency
- 4 / 5
- vs category median 2 / 5 · above
Compared against 304 Retail brands
vs Retail averages
How Mobility Plus Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 53
- Opened
- 2
- Last reporting year
- Closed
- 10
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Non-renewed
- 3
- Term expired, not renewed (per Item 20)
- Turnover rate
- 18.9%
- Company-owned
- 0
- Corporate units in the system
- % franchised
- 100%
- vs corporate-owned
- Net growth (yr3)
- -16.1%
- Net unit change last year
- 3-yr CAGR
- +0.0%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 1
- Transfer rate
- 1.9%
- Owners selling to other franchisees
- Termination rate
- 7.5%
- Franchisor-initiated terminations
- Ceased ops
- 11.3%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 33 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
Available to sell in · Item 12
- Illinois
- Indiana
- Michigan
States where the franchisor is registered to sell new franchises (FDD registration filings).
A system losing more than 10% of its units year-over-year is a red flag. Check whether closures are concentrated in specific regions.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 52
- Loan volume
- $8.1M
- Median loan
- $150K
- 50th percentile
- Charge-off rate
- 50.0%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 50.0%
- 5-yr charge-off
- 50.0%
- Loans approved 2021+
- Active lenders
- 10
- Defaults
- 3
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Mobility Plus's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 6-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
A 50.0% charge-off rate means roughly 1 in 2 franchisees failed to repay their SBA loan. Investigate what changed.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Mobility Plus exhibits HIGH RISK profile due to contracting franchisee base (-16.1% YoY), undisclosed Going Concern status, missing profitability data, and high capital requirements in a shrinking system.
Litigation (Item 3)
No litigation required to be disclosed
Bankruptcy (Item 4)
Disclosed in last 7 years
Bankruptcy Code; (b) obtained a discharge of its debts under the bankruptcy code; or (c) was a principal officer of a company or a general partner in a partnership that either filed as a debtor (or had filed against it) a petition to start an action under the U.S. Bankruptcy Code or that obtained a
Audited financials (Item 21)
Yes · Naper CPA Group
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Kickbacks from required suppliers: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 100 / 100 rating
- 01MEDUnit count declined 16.1% YoY (53 units) — indicates systemic franchisee struggle or franchisor inability to recruit/retain
- 02HIGHGoing Concern status is FALSE — suggests franchisor financial instability or material doubt about viability
- 03MEDNet Income not disclosed in Item 19 — impossible to validate true profitability; average revenue of $403k may mask negative margins
- 04MINORHigh initial investment ($316k–$465k) with declining unit base creates elevated franchisee failure risk
- 05MINOR6% royalty on gross sales (not net) compounds pressure when profitability data is hidden
- 06HIGHNo litigation disclosed but Going Concern flag suggests undisclosed operational/financial crisis
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 5 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 0.5 mi |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 15 days |
| Mandatory arbitration | Yes |
| Arbitration location | Hoffman Estates, Illinois |
| Jury trial waiver | Yes |
| Governing law | Illinois |
| Litigation count | 0 |
View Item 3 litigation summary
No litigation required to be disclosed
Items 10, 11
Training & Operations
- Classroom training
- 48 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and corporate
- Time to open
- 6 mo
- From signing to launch
- POS system
- Square POS
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: Square POS
Item 20 · call current owners
Franchisee Contacts
78 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Mobility Plus · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Mobility Plus franchise?
The total investment to open a Mobility Plus franchise ranges from $316K – $465K, with an initial franchise fee of $60K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Mobility Plus franchise owners earn?
According to Item 19 of the Mobility Plus FDD, the average gross sales per unit is $403K. The median is $347K. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Mobility Plus's franchise failure rate?
Based on SBA 7(a) loan data, Mobility Plus has a charge-off rate of 50.0% across 52 loans, meaning 50.0% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Mobility Plus franchise locations are there?
As of their most recent FDD filing, Mobility Plus has 53 total units in the United States, including 52 franchised units and 0 company-owned units. 2 new units were opened in the latest reporting year.
Is Mobility Plus a good franchise to buy?
FranchiseVerdict rates Mobility Plus as a F-grade franchise with a risk score of 100 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.