CPR Cell Phone Repair

CPR Cell Phone Repair

Electronics repairs and sales
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2021 Franchise 500 Rank
#96 Ranked #48 last year
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Initial investment
$80K - $206K
Units as of 2020
544 47.4% over 3 years

Company Overview

CPR-Cell Phone Repair 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.

About CPR Cell Phone Repair

Industry
Tech Businesses
Founded
2004
Leadership
Chris Jourdan, GM Franchise Operations

Franchising Overview

Franchising Since
2007 (14 years)
# of employees at HQ
75
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
544 (as of 2020)

Franchisor Information

Corporate Address
7100 E. Pleasant Valley Rd., #300
Independence, OH 44131

Information for Franchisees

Here’s what you need to know if you’re interested in opening a CPR Cell Phone Repair franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$0 - $25,000
Initial Investment
$79,850 - $205,500
Net Worth Requirement
$150,000
Cash Requirement
$50,000
Veteran Incentives
10% off franchise fee or franchise fee waived on third unit
Royalty Fee
6.35%
Ad Royalty Fee
to 2%
Term of Agreement
10 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
CPR Cell Phone Repair offers in-house financing to cover the following: startup costs
Third Party Financing
CPR Cell Phone Repair has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
48 hours
Classroom Training
48 hours
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where CPR Cell Phone Repair landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where CPR Cell Phone Repair ranked on other franchise lists? Find out below.

Ranked #96

Franchise 500 Ranking

Ranked #77

Top Global Franchises

Ranked #6

Top Franchises for Less Than $100,000

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021