About MMI-JS Franchise
MMI-JS is a franchise system operating under the parent companies Merrymeeting, Inc.
and Red Cloud Ventures, Inc.
The brand has been franchising since 2020, offering a structured business model for entrepreneurs looking to build a service oriented operation with corporate training and ongoing support.
MMI-JS Franchise Cost & Fees
Minimum Investment
$49K
Average Investment
$79K
Maximum Investment
$109K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $5,000 - $15,000 | One-time payment upon signing |
| Royalty Fee | 5% of Gross Volume with a monthly minimum Royalty of: (a) $400 if the population of the market the Franchised Business is located in is less than 250,000; (b) $600 if the population of the market the Franchised Business is located in is equal to or greater than 250,000 and less than 500,000; or (c) $800 if the population of the market the Franchised Business is located in is equal to or greater than 500,000 of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Up to 1% of Gross Volume (current fee is .5%) | National brand fund |
| Total Investment Range | $49,000 – $109,000 | Includes build-out, inventory, working capital |
The investment range of $49K–$109K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of Gross Volume with a monthly minimum Royalty of: (a) $400 if the population of the market the Franchised Business is located in is less than 250,000; (b) $600 if the population of the market the Franchised Business is located in is equal to or greater than 250,000 and less than 500,000; or (c) $800 if the population of the market the Franchised Business is located in is equal to or greater than 500,000) and marketing fee (Up to 1% of Gross Volume (current fee is .5%)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial franchise fee | $5,000 | $15,000 |
| Initial equipment & marketing costs | $1,000 | $1,000 |
| POS system | $2,000 | $3,000 |
| Opening inventory | $10,000 | $30,000 |
| Travel and living expenses while training | $0 | $0 |
| Real estate costs | $10,000 | $30,000 |
| Miscellaneous opening costs | $500 | $5,000 |
| Additional funds (3 months) | $20,500 | $25,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | $1,000 - $5,000 |
| Renewal Fee | $0 - $5,000 |
| Technology Fee | Up to 1% of Gross Volume (not currently in place) |
| Continuing inventory | Based on current ZAGG price list |
| Franchise premises change fee | $1,000 - $5,000 |
| Forced Shipments of Inventory | Cost of product based on current ZAGG price list plus 15% surcharge |
| Marketing Program | $0 - $5,000 per year |
| POS System Fee | Currently $160 |
| Other Third-Party Product Fees | Currently $82 |
| Additional Training | $1,000 per person |
| Correction of Deficiencies | Will vary under circumstances |
| Indemnification | Will vary under circumstances |
| Costs and Attorneys’ Fees | Will vary under circumstances |
| Liquidated Damages | $5,000 |
| Fines | Will vary under circumstances |
| Interest | Lesser of 18% per annum and the maximum interest rate permitted by applicable law |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 3 days |
| Classroom Training | 22 |
| On-the-Job Training | 12 |
| Training Location | Classroom training in Salt Lake City, Utah; on-the-job training at the franchisee’s Retail Outlet. |
| Additional Training | Additional individuals may participate in the initial training program for $1,000 per person. Franchisees are required to participate in at least one monthly phone conference. Additional ongoing educational courses (webinars, teleconferences, regional training) may be offered. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Description | Your exclusive territory will consist of the specific shopping mall or retail center in which your Retail Outlet is located or a defined geographic area if the location is not in a specific shopping mall or retail property (“Franchise Premises”). |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 3 years |
| Renewal Term | consecutive periods of 3 years each |
| Renewal Fee | $0 - $5,000 |
| Renewal Conditions | Franchisee must not be in default, sign the then current franchise agreement, sign a general release of claims, have the right to remain in possession of the retail outlet, and be current with all vendors and creditors. |
| Transfer Fee | $1,000 - $5,000 |
| Transfer Conditions | Transferee must qualify, transaction structure must be approved, all outstanding debts paid, all defaults cured, transferee executes current franchise agreement, pays transfer fee, attends initial training, acknowledges receipt of disclosure documents, provides all requested information, and executes a general release of claims. |
| Termination for Cause | Curable defaults (30 days to cure): unsatisfied final judgment, suit to foreclose lien/mortgage. Curable defaults (10 days to cure): failure to pay indebtedness, breach of franchise agreement obligations. Curable defaults (2 days to cure): serious/imminent threat to public health/safety. Cure within lease period: breach of lease. Cure within governmental timeframe or 30 days: violation of law/ordinance/rule/regulation. Non-curable defaults: conviction of offense materially affecting Franchise System/goodwill, failure to maintain sufficient working capital, bankruptcy, general assignment for creditors, receivership, judgment levied, three or more breaches within 12 months, denial of inspection/audit rights, deleterious/reckless conduct, unauthorized transfer, false reports, misuse of confidential information, loss of right to possession of Retail Outlet, default under other agreements, closing Retail Outlet for more than 10 consecutive days. |
| Non-Compete Period | 2 years after termination |
| Non-Compete Details | Subject to State law, franchisee and any person owning an interest in franchisee may not directly or indirectly be involved in a competing business during the term of the franchise and for 2 years after termination. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | One of the principal shareholders, partners or members is required to be the primary manager of the Franchised Business and must retain all title, right, interest, ownership, and control. This individual, along with one other designated person, must attend and successfully complete the mandatory initial training program. |
| Required Suppliers | ZAGG is the sole Franchisor Approved Vendor for Products, except for Additional Products (myvoicecomm.com and mobiledefenders.com administered by Voice Comm, LLC and Mobile Defenders LLC). Mobile Defenders is the required supplier of repair parts. iQmetrix is the only Franchisor Approved Vendor for the point-of-sale (POS) system. |
| Supply Restrictions | Franchisee must purchase all approved Products solely from manufacturers, distributors and suppliers who meet franchisor's standards and specifications and are approved by the franchisor. Franchisee may not purchase, offer or sell any unapproved products or services. Franchisor may designate approved suppliers for any Products, equipment, supplies or services. |
| Franchisor Revenue from Suppliers | Franchisor may receive payments, such as rebates, or other compensation from suppliers on account of their dealings with the franchisor, franchisee, or other franchisees. These amounts may be used for any purpose deemed appropriate by the franchisor. Currently, no revenue is derived from Mobile Defenders from franchisee purchases. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing to franchisees for any items. |
MMI-JS Franchise Earnings — Item 19
Average Revenue
$25K
Median Revenue
$21K
Revenue Range
$339.94 – $145K
Sample Size
112 units
Past financial performance does not guarantee future results. Individual results will vary.
MMI-JS Litigation & Risk Flags
Clean Litigation RecordMMI-JS has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
MMI-JS System Growth
Total Units
109
Franchised
105
Company-Owned
4
MMI-JS currently operates 105 franchised locations and 4 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 8 | 7 | 94 |
| 2020 | 6 | 8 | 97 |
| 2021 | 15 | 2 | 105 |
Transfers: 4 | Closures: 3
State Registrations
Registered in 16 states: CA, FL, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, UT, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$3.7M
Net Income
$495K
Total Assets
$2.5M
Audited by Ciuni & Panichi, Inc. for year ending December 31.
MMI-JS Franchise — FAQ
The total investment to open a MMI-JS franchise ranges from $49,000 to $109,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $5,000 - $15,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
MMI-JS charges a royalty fee of 5% of Gross Volume with a monthly minimum Royalty of: (a) $400 if the population of the market the Franchised Business is located in is less than 250,000; (b) $600 if the population of the market the Franchised Business is located in is equal to or greater than 250,000 and less than 500,000; or (c) $800 if the population of the market the Franchised Business is located in is equal to or greater than 500,000 of gross sales, plus a Up to 1% of Gross Volume (current fee is .5%) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the MMI-JS Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from MMI-JS to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, MMI-JS franchise owners report average revenue of $25K and median revenue of $21K. This is based on a sample of 112 units. Past performance does not guarantee future results.
MMI-JS has been franchising since 2020. The FDD shows an investment range of $49,000-$109,000, a 5% of Gross Volume with a monthly minimum Royalty of: (a) $400 if the population of the market the Franchised Business is located in is less than 250,000; (b) $600 if the population of the market the Franchised Business is located in is equal to or greater than 250,000 and less than 500,000; or (c) $800 if the population of the market the Franchised Business is located in is equal to or greater than 500,000 royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $5,000 - $15,000 and the total investment ranges from $49,000 to $109,000 depending on location size and market. A minimum of $10,000 in liquid capital is required. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from MMI-JS and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with MMI-JS or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com