Hite Digital
Professional Services Marketing & Advertising ServicesCompany Information
Address
1000 N. West St. Ste. 1501 Wilmington, DE 19801
Website
Tel
Email
Franchise Summary
Description
Hite Digital is a franchise that offers digital marketing services to small and medium-sized businesses, focusing on enhancing their online presence through strategies like SEO, PPC, and social media marketing. The franchise empowers local entrepreneurs to operate their own locations while providing training and support to build long-term client relationships and drive business success.
Corporate Structure
We were formed in the State of Delaware on October 13, 2020 for the sole purpose of offering Hite Digital franchises. Our principal business address is 1000 N. West St. Ste. 1501, Wilmington, DE, 19801. We do business under our corporate name and the name “HITE DIGITAL”. We have offered franchises since November 2020. We have not previously offered franchises in this or in any other line of business.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Marketing & Advertising Services Industry$304,006 / unit
Franchise Type: Standard
Average Revenue During 2021
Franchise Types Available
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Employee Contact Database
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Hite Digital Franchise System Development in 2021
FAQ
How much investment do I need to start my own Hite Digital business?
Franchisees typically require at least $56 to $120 investment to get their Hite Digital business started
What are the initial franchise fees for Hite Digital?
Franchisees typically need to pay at least $49 in fees directly to Hite Digital in order to earn the right to launch their business
How much money can I make with a Hite Digital franchise? What are
the average revenues for a typical Hite Digital business?
We estimate that the average revenue of an individual
Hite Digital unit is approximately
$304,006. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Hite Digital unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$56,650 to $120,400
which is
Much Higher
than the $0 to $0 average in the Marketing & Advertising Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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