FranchiseVerdict
Wireless Zone logo
FV-02984·STRONGExcellent95

Wireless Zone

RetailFranchising since 1989Website
Investment
$442K – $1.3M
85th pct Retail
Avg revenue
$1.6M
47th pct Retail
Royalty
Units
792
95th pct Retail
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $442K – $1.3M including a $25K franchise fee.
  • Average unit revenue of $1.6M/year (median $1.6M).
  • Rated STRONG with a risk score of 44/100. SBA loan default rate of 0.0% across 30 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Wireless Zone LLC
Parent company
PYITE LLC
Incorporated in
Connecticut
HQ
10300 Kincaid Drive, Suite 100, Fishers, Indiana 46037
Auditor
Katz, Sapper & Miller, LLP
Audited financials
Franchisor revenue
$1.3B
vs $1.5B 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 Wireless Zone unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,633,363
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: $442K–$1.3M
Working capital
$
FDD reports $265K–$725K

Unlevered ROIC · per unit

7%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$98K
EBITDA margin
6.0%
Total invested
$1.4M
Payback
169 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

Wireless Zone franchisees operate retail locations selling wireless devices, plans, and accessories from major carriers (typically Verizon, AT&T, T-Mobile). Day-to-day operations include customer service, device activation, plan enrollment, troubleshooting support, and inventory management for mobile phones and related products.

CEO
Scott Moorehead
Founded
1988
FDD year
2026
States available
33

Item 7 · what it costs

The Vitals

Total investment
$442K – $1.3M
All-in to open one unit
Liquid capital
$265K – $725K
Cash you must have on hand
Franchise fee
$25K
Royalty
Not more than 22% of the Gross Profit
Ad fund
n/d
Total fee load
22.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.6M
Per unit, per year
Median gross sales
$1.6M
Item 19 type
Average and Median Revenue and Profit
Sample size
727 units
vs category median 52 · large
Range (low → high)
$37K$7.0M
Cohort dispersion
Transparency
4 / 5
vs category median 3 / 5 · above
Revenue rank47th
vs Retail peers
Investment cost rank85th
Lower investment ranks lower (better)
Royalty rate rank73th
Lower royalty = lower percentile (better)
Unit count rank95th
vs Retail peers
Risk score rank10th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
792
Opened
68
Last reporting year
Closed
21
Turnover rate
2.7%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+6.3%
Net unit change last year
3-yr CAGR
+10.0%
Compounded over last 3 years
2024
792+47
Franchised units
2025
745
Franchised units
2026
720
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 23 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 · 23 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
30
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

44
Risk · 0-100
STRONG44 / 100

Wireless Zone presents moderate-to-caution risk due to undisclosed profitability, weak unit growth, prior royalty disputes, and opacity around actual franchisee earnings despite high capital requirements.

Score breakdown · what drove the 44 / 100 rating

  1. 01MEDNo disclosed average net income despite $1.6M avg revenue — inability or unwillingness to share profitability data is concerning
  2. 02MINORRoyalty structure tied to Gross Profit (not revenue) at up to 22% is unusual and creates ambiguity around actual cost burden
  3. 03MINORUnit growth of only 6.3% YoY is weak for a 792-unit system, suggesting market saturation or franchisee struggles
  4. 04HIGHPrior litigation (2016) involving royalty model and renewal rights disputes indicates franchisor-franchisee tension and potential contract ambiguity
  5. 05MINORHigh investment range ($441K–$1.3M) with no Item 19 financial performance data creates significant uncertainty around ROI

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
7 years
Renewal term
7 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
2
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
Optional
Governing law
Indiana

Item 11

Training & Operations

Classroom training
80 hrs
On-the-job training
0 hrs

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

37 numbers

Locked
(410) 576-••••
MD
(574) 238-••••
IN
(603) 986-••••
NH

One-time purchase · CSV download · Validation questions included

FDD download

Wireless Zone · FDD (2026) PDF

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