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CPR-Cell Phone Repair

2013 Franchise 500
#217
At a Glance

Products & Services: Personal electronics repairs & sales

Number of Locations: 94

Total Investment: $105.4K - 267.5K

Founded: 2004

Began Franchising: 2007

About CPR-Cell Phone Repair

CPR-Cell Phone Repair, based in Summerville, Georgia, was founded in 2004 and began franchising in 2007. CPR franchise locations offer walk-in, drop-off and mail-in repair services for cell phones and other electronic devices. They also sell smartphones, game systems, music players, parts and accessories. CPR also accepts electronic devices for recycling, with a percentage of the proceeds going to Shriner̢۪s Hospitals for Children.

Franchise Units

Year U.S. Canadian International Company Owned
2012 83 5 2 4
2011 73 5 0 6
2010 29 4 0 8
2009 19 3 0 7
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $105,400 - $267,500
Franchise Fee: $35,000
Ongoing Royalty Fee: 6-8%
Term of Franchise Agreement: Term of agreement renewable
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $50,000
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

Franchise Ranking History

Franchise 500®: #217 (2013), #241 (2012), #403 (2011),
Fastest-Growing: #51 (2012),
Top New: #6 (2012), #36 (2011),
America's Top Global: #188 (2012),

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