Costs, Fees, Profits and Data for Social Indoor Franchises — 1851 Deep Dive

Costs, Fees, Profits and Data for Social Indoor Franchises — 1851 Deep Dive

This indoor digital advertising company offers digital advertising franchises with flexible operations, ongoing support, and franchise fees ranging from $40,000 to $85,000, depending on the territory.

LAST UPDATE: August 2024

FRANCHISE WEBSITE: https://socialindoor.com/own-a-franchise/

NUMBER OF LOCATIONS: 80+

REPORTED ADMISSION COSTS: $54,050-$140,700 (first area), $35,500-$135,200 (additional areas)

REPORTED ROI (item 19): N/A

Social interiors is a leading digital advertising company specializing in delivering high-impact, location-based media solutions. By using state-of-the-art digital screens strategically placed in high-traffic indoor spaces such as restaurants, bars, gyms and entertainment venues, Social Indoors offers advertisers the opportunity to reach engaged audiences with engaging and dynamic content.

The company’s unique approach ensures that brands can connect with consumers in environments where they are most receptive, resulting in higher engagement rates. Additionally, Social Indoor offers franchise opportunities that allow entrepreneurs to own and operate their own digital advertising network in an exclusive territory, backed by the company’s proven business model and ongoing support.

How many indoor social locations are there?

Social Indoor was founded in Minneapolis in 2018 by Tony Jacobsonwho brought with him his vision of revolutionizing indoor advertising through digital technology. The company quickly gained traction by offering a fresh and innovative way for advertisers to connect with consumers indoors. With a focus on creating immersive advertising experiences, Social Indoor laid the foundation for its rapid growth.

In 2019, the company expanded its presence by launching a franchise model that allows entrepreneurs to capitalize on its success. This strategic move allowed Social Indoor to expand its operations nationwide, resulting in the creation of over 80 franchise locations across the United States.

What is Social Indoor’s business model?

Social Indoor’s business model focuses on providing entrepreneurs with the ability to build and operate their own digital advertising networks in defined, exclusive territories. The model is designed to be accessible and provide franchisees with a cost-effective entry into the digital outdoor advertising industry that is both scalable and flexible. Franchisees benefit from a turnkey operation, with Social Indoor handling the technical aspects of screen installation, software integration and content management, allowing owners to focus on building relationships with local businesses and advertisers.

In addition, Social Indoor provides its franchisees with ongoing support, including comprehensive training and access to a network of experienced professionals. This support system ensures that franchisees can effectively manage their operations while taking advantage of the latest trends and technologies in digital advertising. The company’s franchise model is based on the principle of mutual growth, with the success of each franchise contributing to the overall strength of the brand.

How much can social indoor franchise owners earn?

Social Indoor makes no statements about the future financial performance of a franchisee or the past financial performance of company-owned or franchised locations.

How much does it cost to open a social indoor franchise?

The total initial investment required to start a social indoor business ranges from $54,050 to $140,700. These costs break down as follows:

  • Initial franchise fee: $40,000 to $85,000
  • Travel and living expenses (training): $800 to $2,200
  • Office supplies: $250 to $1,100
  • Furniture, furnishings and equipment: $0 to $4,400
  • Training fee: $2,500
  • Technology: $0 to $3,300
  • Insurance: $500 to $2,200
  • Additional funds (6 months): $10,000 to $40,000

The initial investment for opening additional Social Indoor locations ranges from $35,500 to $135,200. These costs break down as follows:

  • Initial franchise fee: $35,000 to $80,000
  • Travel and living expenses (training): $0 to $2,200
  • Office supplies: $0 to $1,100
  • Furniture, furnishings and equipment: $0 to $4,400
  • Training fee: $0 to $2,000
  • Technology: $0 to $3,300
  • Insurance: $500 to $2,200
  • Additional funds (6 months): $0 to $40,000

What is the franchise fee for Social Indoor?

The Social Indoor franchise fee is based on the population of the area and ranges from $40,000 (for populations up to 150,000) to $85,000 (for populations 600,000 or more). For additional areas, the fee is reduced by $5,000, giving a range of $35,000 to $80,000.

Who is on Social Indoor’s leadership team?

What helpful articles can I read to learn more about Social Indoor?

Would you like to learn more about franchise opportunities at 1851 Franchise? Be sure to visit our Performance rankings to learn more about brands’ activities.

Every great franchisee has had help purchasing a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit www.1851growthclub.com and start your journey.

Disclaimer: This content is for informational purposes only. You should not interpret this information or other material as legal, tax, investment, financial or other advice. Nothing on this website constitutes a solicitation, recommendation, endorsement or offer to buy or sell any franchise, securities or other financial instruments in this or any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.

All content in this article is information of a general nature and does not address the detailed circumstances of any particular person or entity. Nothing in this article constitutes professional and/or financial advice, nor does the information in the email constitute a comprehensive or complete presentation of the matters discussed or the laws related thereto. You alone assume sole responsibility for evaluating the merits and risks associated with using any information or other content in this article before making any decisions based on that information or other content.

Leave a Reply

Your email address will not be published. Required fields are marked *