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Gigavive - Franchise
Quick Summary
WiFI is number one on the must have list for hotels and apartment owners. GigaVive™ provides apartment and hotel owners with reliable and locally serviced WiFi networks at prices far below those charged by Internet Service Providers.
*Please contact "Gigavive" to confirm the accuracy of any information provided on this page.
Gigavive
Business Cost, Fees & Facts for 2024
| Minimum Cash Required | $38,000 |
Available In These States:
We are currently accepting inquiries in these states:
- AK
- AL
- AR
- AZ
- CO
- DC
- DE
- IA
- ID
- KS
- MA
- MO
- MS
- MT
- NH
- NJ
- NM
- NV
- OH
- OK
- OR
- PA
- TN
- VT
- WV
- WY
- Overview
Overview
Gigavive - Franchise
A Special Opportunity
Timing
Like Levis Straus selling jeans to miners the didn’t wear out, we have the right service at the right time to meet exploding market demand.
Customer Demand
WiFi is number one on the must have list for hotels and apartment owners. GigaVive™ provides apartment and hotel owners with reliable and locally serviced WiFi networks at prices far below those charged by Internet Service Providers.
Work/Reward Ratio
Unlike other franchises that require a 1:1 repeating ratio of work to income—make a sandwich—sell a sandwich again-and-again, a GigaVive™ Franchisee works once making a sale and installing a WiFi network, and then receives 60 months of revenue.
Low Overhead Contractual Income
Five year contracts averaging $29,738 paid over 60 months provide low overhead cash-flow. On average Tucson spends 1½ hours per day handling calls from 80,000 monthly connections. Equipment failures are mainly rebooted virtually, and maintenance due to storms and faulty equipment are infrequent.
Renewing Customers
Renewals of contracts has been 97% due to pleased customers.
Building Business Value
Utilities sell at greater than average multiples of EBIT. GigaVive™ is not a utility—electric, gas, telephone, water, etc.—but has many of the same attributes, because it provides a service that customers can’t do without.
A GigaVive™ franchise is a high-value salable business and ideal low-tax exit strategy:
- Provides a service customers can’t do without
- Compounding long-term contractual cash flow
- Easily calculated ROI
- Minimal operating costs
- Insignificant inventory needs
- High renewal rates
- Not “personality” dependent
- Low litigation risk
Beating the Competition
Who are the biggest competitors for GigaVive™?
Unbelievably, the efforts of competitor companies have proven to be a significant source of our business, rather than a competitive challenge! Here’s why:
- Large Internet Service Providers offer high cost engineering and installation fees, coupled with a lack of responsive local, immediate service.
- Do-It-Yourselfers create failing installations that generate ongoing complaints from dissatisfied tenants/guests.
- “Here-Today-Gone-Tomorrow” Amateurs leave installations that don’t work and can’t be serviced.
Not one of these “competitors” has the single most meaningful GigaVive™ advantage—superior, reliable, on-going LOCAL RESPONSIVE CUSTOMER SERVICE when needed.
The Difference
Most Franchises
- Income only with repeating long hours and hard work
- Franchisor constrained territories
- Significant total of franchise fees & start-up costs
- Strict rules, procedures & limitations
- Royalty & required purchases of franchisor’s products and services at mark-up
- Normal business value
GigaVive™ Franchise
- Bank 60-month contracts after making one-time installations
- Expansive exclusive territories
- Combined franchise fee & start-up costs at bottom of charts
- Wide latitude to operate
- Royalty only; no required purchases or kickbacks of any kind
- Valued at significant multiple of EBIT because of utility-like nature of business
What You Receive
Dedicated Computer preloaded with our entire System
- Monitoring Software (every customer & all access points)
- Customer-Relations Management System (CRM)
- Marketing & Sales Materials
- Billing & Accounting System
- Financial Projection Forecasting Tool
Training & Support
- Virtual Training Manual (the how-to on every aspect of our System)
- Support (experts to continually address & answer your questions)
- Best-Practice Webinars
Installation Case
- Filled with every needed best tool & device
- Direction to Best Quality Installation Equipment & Materials
- Tried, tested and approved by our network engineers