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CPR-Cell Phone Repair

2015 Franchise 500
#175
At a Glance

Products & Services: Electronics repairs and sales

Number of Locations: 203

Total Investment: $24.6K - $228.5K

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 Shriner's Hospitals for Children.

Franchise Units

Year U.S. Canadian International Company Owned
2015 182 15 1 5
2014 153 12 4 3
2013 128 8 2 4
2012 83 5 2 4
2011 73 5 0 6
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $24,630 - $228,500
Franchise Fee: $5,000 - $35,000
Ongoing Royalty Fee: 5.8-8%
Term of Franchise Agreement: Term of agreement renewable
Veteran Incentives: 10% off franchise fees for additional units
Financial Requirements
Net Worth: $150,000
Liquid Cash Available: $85,000
Operations
Franchise can be run from home. Absentee ownership of franchise is NOT allowed..
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

Franchise Ranking History

Franchise 500®: #175 (2015), #180 (2014), #217 (2013), #241 (2012), #403 (2011),
Fastest-Growing: #102 (2015), #60 (2014), #51 (2012),
Top New: #6 (2012), #36 (2011),
America's Top Global: #145 (2014), #165 (2013), #188 (2012),