Drone Nerds Franchise Analysis

Franchise Information

Drone Nerds is the operation of a retail store selling a variety of Drone Products to customers. This includes providing customers with a repair and parts facility and flying lessons.

What is the upfront cost to own a Drone Nerds franchise?

Drone Nerds has a franchise fee of up to $24,900, with a overall upfront investment range of $138,000 to $242,000.

• Initial Franchise Fee: $24,900
• Total Investment: $138,000 to $242,000
• Working Capital: $22,000 to $34,000
• Royalty Fee: 3.0%

The initial investment of any franchise includes multiple fees. Check out this investment opportunity to better understand the specific costs required to purchase a Drone Nerds, such as territory fees, leasehold improvement costs, pre-opening, marketing, and furniture and fixtures purchases.

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How much does a Drone Nerds franchise owner make?

As with any new franchise, there should be a reasonable return on your investment and profit potential. The specific franchise owner's salary and the earnings from a Drone Nerds franchise will depend on a variety of factors. One way to confirm the potential revenues or profits earned from a Drone Nerds franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. This is called an earnings claim. This is an option for franchisors within their disclosure and approximately 68% of all franchisors that we analyze each year will disclose financial performance data within Item 19 of their FDD. Some franchisors may disclose limited information such as overall systemwide sales. This type of information is not always helpful to determine profits for you directly. So review overall sales data with caution. As expected, usually earnings and owner's salary are equitable to the overall size of the upfront investment. The larger the initial investment, the larger profits you could anticipate. Another factor to owner's salary potential is based on the number of locations you own. If you buy multiple outlets (usually referred to as Area Development Agreements), you can expect that as you scale the next location, you will generate more revenue and profits overall. Demand for your products, your labor costs in your city, commercial lease rates and several other variables also play a large role in your profit margin and your personal salary. Your financial success are linked to the overall franchisor's success. Your returns and owner's salary is not just reliant on how well your own location operates, you need to review how well the entire franchise system is operating. Determine how the franchisor generates revenue and analyze their financial returns.

For additional information and franchise specific on the earnings of a Drone Nerds franchise, unlock this franchise opportunity

How many franchise outlets does Drone Nerds franchise system own?

As of the 2017 Franchise Disclosure Document, there are 1 franchised Drone Nerds locations throughout the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Drone Nerds franchises in my city?

Based on 2017 FDD data, Drone Nerds has franchise locations in 1 states.

Based on the data collected this franchise opportunity is growing into new locations and might be available near you. While planning your franchise purchase, you always need to be considering where is a good location for my business. Review the potential customer base to confirm that the area you are looking at has a need or a market for this brand. Even the most popular franchised businesses have states that they are not expanding into. The reasons why a specific franchise location can fail are plentiful. You need to research not only the franchise opportunity itself, but review locations where you believe it has a more profitable opportunity.

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Last Reviewed: 2017