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  • RE:  PRICE REDUCED - Electronics Repair Franchise
  • Contact:  Jack DiMatteo

Quick Facts

Asking Price: $97,000
Annual Revenue: $350,000
Net Profit: Not Disclosed
Cash Flow: $60,000
Total Debt: Not Disclosed
FF&E: $50,500
Real Estate: Not Disclosed
Year Established: 2022
Employees: 4
BBN Listing #: 309958597
Broker Reference #: 67201-114350

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Business Overview:

No experience necessary. Technology based electronics repair franchise opportunity focuses on the underserved electronic device repair space. Sales are crushing peer stores open less than one year. Favorable lease terms in a busy strip mall anchored by a grocery store. Located in an upscale community surrounded by upscale communities. The average person accesses four electronic devices per day. An experienced, knowledgeable, courteous staff is already in place to serve this ever-growing technological need. Sales price includes $50,000 of inventory. Opportunity to own this growing, high upside location for less than what you would pay to launch a new franchise location. The business offers repair services covering a wide variety of devices including cell phones, computers, laptops, tablets, game consoles, drones and many more. Additional service offerings include home installations of smart cameras, TV mounting, audio & video, WIFI networking, thermostats, smart doorbells, and many more. Sale and repair of 3D printers is also offered. This location is the only one in the US authorized to process 3D print to order requests. The company also provides customers with the opportunity to sell or trade in existing devices. In many cases, the company offers same day repair. 

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Property Features and Assets:

Monthly Rent: $1,250.00

Square Units (Foot, Meter): 1,500

Lease Expiration Date: August 30, 2028, 12:00:00 AM

Terms Options: One Five Year Renewal

Facilities: Brand new, completed remodeled retail location.

FF&E Overview: All equipment and fixtures needed to operate a retail electronics repair shop.

FF&E General Condition: Excellent. Everything less than one year old.

Market Competition and Expansion:

Competition: Geek Squad. CPR Cell Phone Repair Stores. Market is far from saturated with limited competition in the area.

 

Expansion: With limited competition in the space, there is opportunity to expand within the territory and beyond. Service offerings driven by newer, changing technologies. 3D printing is a growing space and this company is one of the few offering sales/support. Careers and lives are tied to dependence on electronic devices in current society. The demand for the foreseeable future is limitless.

Reason for Selling:

Pursue other opportunities

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

Relevant Links:

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