#63
At a Glance
Products & Services: Consumer electronics
Number of Locations: 5,925
Total Investment: $149.88K - 542.35K
Founded: 1921
Began Franchising: 1968
Public Owned RSH
About RadioShack
RadioShack was opened in 1921 by the Deutchmann family, offering ham radio operators and electronics buffs a retail and mail order source for their electronics needs. By the 1960s, the company had nine stores and was shipping electronics to people all over the world, but was falling on hard times.Charles Tandy purchased the company in 1963 and turned its $4 million debt into a $20 million profit. Today the company operates stores nationwide, selling everything from batteries to satellite dishes to electronics buffs and general consumers.
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 1,172 | 0 | 280 | 4,473 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Africa, Asia, Australia/New Zealand, Central America, Eastern Europe, Middle East, South America, Western Europe.
Startup Costs, Ongoing Fees and Financing
Total Investment: $149,875 - $542,351
Franchise Fee: $39,900
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $39,900
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
How This Franchise Supports Franchisees
Training: At franchisee's location: 1 week. Local workshops, annual convention
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations,
Marketing Support: Ad slicks, National media,
Other marketing support: Bimonthly customer mailing