101 Mobility Company Profile
Background
Founded in 2008, 101 Mobility is a leading provider of mobility and accessibility solutions, dedicated to enhancing the independence and quality of life for individuals facing mobility challenges. Headquartered in Wilmington, North Carolina, the company offers a comprehensive range of products, including stairlifts, wheelchair ramps, vertical platform lifts, home elevators, and bath safety equipment. With a strong emphasis on quality and customer service, 101 Mobility has expanded its presence to over 100 locations across the United States and Canada, serving more than 70,000 customers.
Key Strategic Focus
101 Mobility's strategic focus centers on delivering reliable and customized mobility solutions to both residential and commercial clients. The company specializes in the sales, installation, and maintenance of a diverse product portfolio, ensuring that each solution is tailored to meet the unique needs of its customers. By offering free in-home consultations, flexible rental programs, and a one-year limited warranty on all products, 101 Mobility aims to provide hassle-free and dependable services.
Financials and Funding
In May 2013, 101 Mobility entered into an equity partnership with Cortec Group, a New York-based private equity firm. This partnership provided the company with resources to support its rapid growth and franchise expansion. On December 31, 2022, the Halifax Group acquired 101 Mobility from Cortec Group, marking a new chapter in the company's development.
Franchise Development
Since initiating its franchise program in 2010, 101 Mobility has experienced significant growth, operating over 110 franchise locations across North America. The initial investment required to open a 101 Mobility franchise ranges from $136,000 to $259,000, with an average unit volume (AUV) of approximately $627,000 per year.
Leadership Team
- Mark Baker, President: Joined 101 Mobility in January 2020, bringing extensive experience in the mobility solutions industry.
Competitor Profile
Market Insights and Dynamics
The mobility and accessibility solutions market is experiencing growth due to an aging population and increased awareness of mobility challenges. The demand for products such as stairlifts, wheelchair ramps, and home elevators is on the rise, presenting opportunities for companies like 101 Mobility to expand their offerings and reach.
Competitor Analysis
Key competitors in the mobility solutions industry include:
- Lifeway Mobility: Offers a range of accessibility solutions, including stairlifts, ramps, and home elevators.
- Bruno Independent Living Aids: Specializes in stairlifts and vehicle lifts, with a strong presence in the market.
- Next Day Access: Provides mobility solutions with a focus on quick installation and service.
Strategic Collaborations and Partnerships
In February 2025, 101 Mobility partnered with Centricity, a leading protection company for AgeTech products. This collaboration aims to enhance the company's product offerings and provide comprehensive solutions to customers.
Operational Insights
101 Mobility differentiates itself through a combination of quality products, exceptional customer service, and a robust franchise model. The company's commitment to personalized solutions and community engagement positions it favorably in the competitive landscape.
Strategic Opportunities and Future Directions
Looking ahead, 101 Mobility plans to continue its expansion through franchise growth and strategic partnerships. By leveraging its strong brand reputation and focusing on innovation, the company aims to meet the evolving needs of its customers and maintain its leadership position in the mobility solutions market.
Contact Information
For more information, visit 101 Mobility's official website.
Connect with 101 Mobility on social media:
- YouTube
