iFixandRepair is a technology franchise providing repair services for smartphones, tablets, computers, and other electronic devices, offering quick and reliable solutions.
KEY FRANCHISE STATS
Franchisees
?
177
+
164%
164%
Franchise fee
?
$25,000
Investment
?
$68,000 - $147,000
Revenue (AUV)
?
Undisclosed
$0
+
n.a.
n.a.
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iFixandRepair is a leading franchise specializing in electronic device repair services. Founded in 2012 in Atlanta, Georgia, the company has quickly established itself as a prominent player in the tech repair industry.
Headquartered in Atlanta, iFixandRepair began offering franchise opportunities in 2016, expanding its reach across the United States and internationally. The franchise focuses on repairing a wide range of electronic devices, including smartphones, tablets, laptops, and game consoles.
iFixandRepair stands out from competitors by offering a comprehensive range of services, including screen replacements, battery repairs, and water damage repairs, all with a commitment to high-quality parts and customer satisfaction.
Their emphasis on quick turnaround times and affordable pricing has helped them build a strong reputation in the tech repair market.
Initial investment
The initial investment required for a iFixandRepair franchise is
$68,000 - $147,000.
That is the total cost you would need to finance if you were to start this franchise.
These costs are provided by the franchisor in the Franchise Disclosure Document.
iFixandRepair offers 2 types of franchises:
Type of iFixandRepair Franchise
Initial Investment
Single Unit iFixandRepair Stand-Alone Kiosk Franchise
$68,200 to $124,950
Single Unit iFixandRepair Retail Merchandising Store Franchise
$78,200 to $147,450
We are summarizing below the main costs associated with opening a Single Unit iFixandRepair Retail Merchandising Store Franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
Single Unit iFixandRepair Retail Merchandising Store
Type of Expenditure
Amount
Initial Franchise Fee
$25,000 for a single unit
Transportation and living expenses while training (out-of-pocket for 1 person)
iFixandRepair offers a comprehensive training program for its franchisees to ensure they are well-equipped to deliver high-quality repair services and manage their businesses effectively. The training program includes:
Technical Training: Franchisees receive detailed instruction on repairing a wide range of electronic devices, including smartphones, tablets, laptops, and game consoles. This training covers various repair techniques, the use of specialized tools, and the handling of different types of damage.
Customer Service Training: Emphasis is placed on delivering excellent customer service, including managing customer interactions, handling inquiries, and addressing complaints. This training helps franchisees build strong relationships with customers and ensure high levels of satisfaction.
Operational Training: Franchisees are trained in the daily operations of running an iFixandRepair location. This includes managing inventory, using the point-of-sale system, and following company procedures and standards.
Marketing and Sales Training: Franchisees receive guidance on local marketing strategies, promoting their services, and driving sales. This includes training on leveraging digital marketing, local advertising, and community engagement to attract and retain customers.
Territory Protection
iFixandRepair offers territory protection to its franchisees to ensure that each location has a defined geographic area where no other iFixandRepair franchise will operate.
This territory protection helps franchisees avoid direct competition from within the brand, allowing them to build and maintain a loyal customer base without concern for encroachment from neighboring franchisees.
The protection typically includes a specific radius around each franchise location, ensuring that franchisees can focus on growing their business without the risk of cannibalizing their own market. This strategic approach helps maintain the value of each franchisee's investment and supports the overall success of the brand.
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