FranchiseVerdict
Mobility Plus logo
FV-01653·MODERATEExcellent91

Mobility Plus

RetailFranchising since 2016Website
Investment
$316K – $465K
78th pct Retail
Avg revenue
$403K
5th pct Retail
Royalty
6.0%
41st pct Retail
Units
53
47th pct Retail
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $316K – $465K including a $60K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $403K/year (median $347K).
  • Rated MODERATE with a risk score of 63/100. SBA loan default rate of 0.0% across 102 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Mobility Plus Systems, LLC
Incorporated in
Illinois
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

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Mobility Plus unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $403,270
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: retail
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $316K–$465K
Working capital
$
FDD reports $100K–$150K

Unlevered ROIC · per unit

5%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$28K
EBITDA margin
7.0%
Total invested
$516K
Payback
219 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

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
Founded
2013
FDD year
2024
States available
22

Item 7 · what it costs

The Vitals

Total investment
$316K – $465K
All-in to open one unit
Liquid capital
$100K – $150K
Cash you must have on hand
Franchise fee
$60K
Royalty
6.0%
Gross Sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$403K
Per unit, per year
Median gross sales
$347K
Item 19 type
Gross Revenues
Sample size
48 units
vs category median 52
Range (low → high)
$130K$1.4M
Cohort dispersion
Transparency
4 / 5
vs category median 3 / 5 · above
Revenue rank5th
vs Retail peers
Investment cost rank78th
Lower investment ranks lower (better)
Royalty rate rank41th
Lower royalty = lower percentile (better)
Unit count rank47th
vs Retail peers
Risk score rank59th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
53
Opened
2
Last reporting year
Closed
10
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
2022
52-9
Franchised units
2023
62
Franchised units
2024
52
Franchised units

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).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 33 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
102
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

63
Risk · 0-100
MODERATE63 / 100

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.

Score breakdown · what drove the 63 / 100 rating

  1. 01MEDUnit count declined 16.1% YoY (53 units) — indicates systemic franchisee struggle or franchisor inability to recruit/retain
  2. 02HIGHGoing Concern status is FALSE — suggests franchisor financial instability or material doubt about viability
  3. 03MEDNet Income not disclosed in Item 19 — impossible to validate true profitability; average revenue of $403k may mask negative margins
  4. 04MINORHigh initial investment ($316k–$465k) with declining unit base creates elevated franchisee failure risk
  5. 05MINOR6% royalty on gross sales (not net) compounds pressure when profitability data is hidden
  6. 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

Territory
Radius
Protected territory
Yes
Initial term
5 years
Renewal term
5 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Illinois

Item 11

Training & Operations

Classroom training
48 hrs
On-the-job training
0 hrs
POS system
Square POS
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

78 numbers

Locked
(503) 378-••••
OR
(414) 367-••••
WI
(520) 788-••••
AZ

One-time purchase · CSV download · Validation questions included

FDD download

Mobility Plus · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above