Screenmobile logo

Screenmobile Franchise

Audited Financials
Home ServicesEst. 1984Columbia, MD
www.screenmobile.com
Financing Available

Risk Score

Pending analysis

Investment Range

$51,250 - $206,092

Franchise Fee

$5,000

Total US Locations

134

Business Summary

SCREENMOBILE operates a mobile business that provides residential and commercial window, patio, and door screens and repair services, along with other related offerings. Franchisees operate their SCREENMOBILE business from a truck or van, serving individual homeowners and commercial clients.

Corporate History

The Screenmobile brand was initially established in June 1984 by its predecessor, The Screenmobile Corporation (SMC), which also began offering franchises in 1984. SMC operated a company-owned business until February 2023, when Authority Brands, Inc. (AB Inc.) acquired SMC. As part of a securitization transaction on April 24, 2023, the current franchisor entity, Screenmobile Franchising SPE LLC, was formed and officially began offering SCREENMOBILE franchises on April 25, 2023.

Financial Overview

Investment Range

$51,250 - $206,092

Franchise Fee (Low)

$5,000

Franchise Fee (High)

$49,500

Royalty %

7%

Marketing %

6%

Equipment Costs (Low)

$22,250

Equipment Costs (High)

$43,500

Working Capital

$36,250

Audited Financials

Yes

Offers Financing

Yes

Audit Opinion

Unqualified opinion

Financial Health Notes

AB Assetco LLC, the franchisor's direct parent company, reported a net loss in 2024, a shift from net income in previous years. Its cash and cash equivalents significantly decreased from $2,063,000 in 2023 to $51,000 in 2024. Total assets and member's equity for AB Assetco also declined. Authority Brands Inc., the indirect parent, experienced increasing net losses from 2022 to 2024, with its total assets and stockholder's equity decreasing during that period. Despite these trends, the auditors issued an unqualified opinion for both entities, indicating their financial statements are presented fairly, and no going concern qualifications were noted.

Financing Details

Screenmobile Franchising SPE LLC offers financing for the initial franchise fee, with terms varying for start-up versus conversion franchises. For start-up franchises, up to 75% of the franchise fee can be financed, payable in up to 36 monthly installments at a 12% annual interest rate. Payments begin the month after signing the agreement, and prepayment is allowed without penalty. For conversion franchises under the Conversion Incentive Program, 100% of the franchise fee (minus a $5,000 down payment) can be financed. Payments on this promissory note are deferred for five years and then paid in 48 monthly installments at a 12% annual interest rate. Additionally, conversion franchisees may be eligible for up to 100% forgiveness of the financed amount if their business performance meets specific growth thresholds in its fifth year of operation. Screenmobile Franchising SPE LLC secures these notes with an interest in the franchised business assets and does not guarantee any other franchisee obligations.

Performance Metrics

Total US Locations

134

Franchised Units

134

Corporate Units

0

Avg Square Footage

1,150

Franchising Since

1984

Agreement Terms

Initial Term

10 years

Renewal Term

10 years

Renewal Conditions

To renew their SCREENMOBILE franchise, franchisees must provide written notice 6 to 12 months before the agreement expires. They must be in good standing, without any defaults or litigation with the franchisor or its affiliates, and maintain a good record of customer service and Brand Standards compliance. Franchisees are required to sign the then-current franchise agreement (which may have different terms, fees, and territory adjustments), pay a renewal fee, sign a general release of claims against the franchisor, complete any required training, demonstrate the right to remain in their approved location, and remodel or refurbish their vehicles and premises to meet current Brand Standards.

Training & Support Program

Franchisor Assistance

Before opening, SCREENMOBILE provides initial training for the franchisee and designated employees, helps with ordering technology, signs, fixtures, furnishings, inventory, and supplies from approved vendors, and grants access to its Operations Manual and Franchisee Portal. The franchisor also assists with setting up a designated Call Center (if applicable), provides information on required software, and helps create pre-opening and grand opening marketing plans. Additional opening support may be available for a fee. Ongoing support includes making additional required and optional training programs available, developing and maintaining Brand Standards, managing the Franchisee Portal, notifying franchisees about specifications and approved vendors, managing the Brand Standards assessment program, administering the Brand Fund and its creative materials, reviewing advertising and promotional plans, managing social media accounts, overseeing customer warranty and satisfaction guarantees, and managing Key Account contracts.

Initial Training Hours

80

Training Location

Thousand Palms, CA

Ongoing Support

After opening, SCREENMOBILE provides ongoing training through its mandatory Fast Start Program for up to 13 weeks, which includes weekly calls and support coaches. Franchisees and designated managers are required to attend annual conferences and regional meetings, potentially incurring fees and travel expenses. The franchisor also develops and maintains Brand Standards, manages a Franchisee Portal for communication and reporting, and oversees a Brand Standards assessment program. They manage the Brand Fund and creative marketing materials, review franchisee advertising, manage social media accounts for the brand, and monitor compliance with customer warranty programs. Additionally, SCREENMOBILE manages contracts and relationships with Key Accounts.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Hybrid

Owner Participation

Absentee Allowed

Territory Type

Non-Exclusive

Territory Size Requirements

SCREENMOBILE territories are typically defined using postal zip codes, with a population of approximately 150,000 households. The actual household population may vary based on geographic size, the ratio of single-family to multi-unit dwellings, and median household income. Franchisees choose from available pre-defined territories, and the franchisor uses U.S. Census Data or other statistical sources to determine populations. Additional zip codes can be added to an existing territory for a fee of $0.15 per household.