Requirements
- Completed AR Application
- Minimum net worth of $500,000
- Adequate Credit/Financial Rating
- Tax returns and financial statements to establish a line of credit for equipment
- Submission of a 3 year business plan for approval by Sprint that includes a financial pro forma and plans for sales and marketing activity
- Maintain a monthly minimum net unit activation quota and churn requirements
How to become a Sprint preferred retailer?
How to own a Sprint store?
About this website
How do you become a sprint dealer?
RequirementsCompleted AR Application.Minimum net worth of $500,000.Adequate Credit/Financial Rating.Tax returns and financial statements to establish a line of credit for equipment.Submission of a 3 year business plan for approval by Sprint that includes a financial pro forma and plans for sales and marketing activity.More items...
Are there any Sprint stores anymore?
T-Mobile and Sprint have merged for a new era in wireless. Sprint stores are becoming T-Mobile stores, providing more than 7,500 retail locations to better serve you.
How much longer will Sprint be around?
Sprint's cellular LTE service is now scheduled to be sunset on June 30, 2022. As for T-Mobile's 3G/UMTS coverage, its initial shut down date of October 1, 2021, was pushed back by almost a year to July 1, 2022.
Which is better T-Mobile or Sprint?
Performance: Both are good in the cities, but T-Mobile has the better speeds and network coverage, including in rural areas where neither carrier is exceptional. International travelers: Both carriers are solid, but T-Mobile has a few better extras, like their free in-flight Wi-Fi.
Are all Sprint stores now T-Mobile?
Short Answer: The majority of Sprint stores have been updated with T-Mobile branding and a fresh coat of magenta paint, and most T-Mobile branded stores can serve both Sprint and T-Mobile customers.
Is T-Mobile closing their stores?
T-Mobile closes 80% of corporate retail stores in more aggressive COVID-19 response | Fierce Wireless.
Is there a 24 hour Sprint customer service?
(888) 211-4727Sprint Corporation / Customer service
Minimum Requirements
Sprint will only consider applicants with a good credit and financial rating, so a credit check is the first step. Applicants then need to develop and submit a 12-month business plan that outlines a marketing and sales strategy along with a financial pro-forma form that explains how adding Sprint will affect their finances.
Maintain Good Standing
Sprint requires its reps to achieve minimum monthly net unit activation quotas. You must establish at least one retail outlet with high-speed Internet access capable of handling Sprint systems for sales and customer service operations.
How to become a Sprint preferred retailer?
To become a Sprint Preferred Retailer, you'll need a minimum net worth of $500,000, $175,000 in immediately available assets to open five stores and the ability to finance the remaining $75,000 per store. You'll also need to maintain 80 percent of your current income, outside of the profits from your Sprint stores, for the first two to three years. To become a Sprint branded prepaid retailer, such as for Boost Mobile, you'll need $100,000 in liquid assets and the financial capacity to open multiple stores. A prepaid store requires an initial investment of around $40,000.
How to own a Sprint store?
To own a Sprint-branded store, you'll need to go the Sprint Preferred Retailer route. Sprint doesn't participate in franchises; this route includes no dealer fees or franchise fees. To qualify, you'll need to meet certain financial requirements. You'll also need five or more years of recent multi-unit retail sales management experience and a three-year business plan that Sprint approves, and you'll have to pass a personal interview. To start the process, apply online with Sprint's preferred retailer program (see Resources).
