Hey everyone, ns am spring to opening my own Metro by T-mobile franchise. Deserve to anyone supply me with an ext information? It seems that over there is no much information on the internet. So much the only thing that I uncovered was that we need to have liquid funding of around $150k and around $60k invest which includes the franchising expense of $24k. Also to all the retailers, is that worth opened one? ns figured since the name changed to "Metro by T-mobile" they have to be popping. Exactly how is the pay structure like? Feel free to sell your insights. Thanks in advance!
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Run. Don’t walk. RUN!!!! T-Mobile treats your dealers choose shit.
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Op · 7m
Damnn, why carry out you to speak that? In what particular way to castle treat us?
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Right currently it is almost impossible to open up up a new metro location. Particularly if you aren’t an existing master dealer or sub dealer. And T-mobile isn’t excellent closing existing subway stores it’s meant that more doors will close. And t-mobile isn’t approving any type of dealer come dealer sales. Unless it’s being sold back to a master dealer. Ns wouldn’t recommend even trying it’s gonna it is in a headache
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Now that is a terrible idea! Run!!!!!
It’s not a Franchise the an Authorized door. They will certainly treat you favor an employee together you job-related for them. You will certainly not make any type of money particularly with one door.
They space planning to walk with third parties currently like Walmart etc. They execute not need or want much more Authorized dealer doors. Everything is going in the direction of online and huge stores. No one wants to walk to one Authorized dealer and get scammed. At the very least in Walmart you’ll acquire a receipt.
As others have actually said, it seems like it wouldn't be a an excellent idea appropriate now.
There have been rumors that T-Mobile will start selling Metro at T-Mobile branded stores later (https://www.tmonews.com/2021/01/metro-t-mobile-products-sold-corporate-third-party-stores-across-rural-america/).
T-Mobile's merger v Sprint also way that they're walk to end up with lots of retail room and retail employees the they don't require on the T-Mobile side of the world. Those stores and also employees could end up being Metro stores/employees. Imagine you're in a city v 5 sprint stores and also 5 T-Mobile stores. Possibly They transform 2 of the Sprint stores to T-Mobile, nearby 1, and also convert 2 into Metro stores. I don't think they've stated anything to this effect, however T-Mobile literally has locations and also staff that will be redundant for the T-Mobile brand, however could come their subway retail network.
T-Mobile hasn't claimed that they're walking to convert some acceleration stores into Metro stores to my knowledge, yet I wouldn't desire to go up against a corporate parental that's possibly looking at re-using real-estate and staff for metro stores. I'm certain T-Mobile would choose to stop laying turn off a lot of staff to avoid poor press and also claims that their merger guarantees of an ext jobs were fake.
Metro also hasn't been growing kinda due to the fact that they changed the surname to "Metro by T-Mobile". They readjusted the name in October 2018. In ~ the start of October 2018, T-Mobile had actually 21M branded prepaid subscribers. This particular day they have 20.7M. MetroPCS used to it is in a most growth, however T-Mobile's income reports display it stagnating a bit. T-Mobile adjusted the branding in response to enhanced prepaid compete to aid Metro, however it the prepaid service is simply competitive and kinda tough.
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Also, T-Mobile has definitively claimed that COVID has actually been a low-switching time (which means customers aren't coming right into the store and also buying things). Maybe we're acquiring close to the finish of COVID and also I expect that's the case, however if we're no it can mean opened a save that can see small business because that 6-9 months.