CPR-Cell Phone Repair
#26 Franchise 500| Electronics repairs and sales

CPR-Cell Phone Repair
Electronics repairs and sales

About
Founded

2004

Franchising Since

2007 (11 Years)

Corporate Address

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

CEO

Josh Sevick

Financial Requirements
Initial Investment

$55,650 - $170,500

Net-worth Requirement

$150,000

Liquid Cash Requirement

$50,000

Ongoing Fees
Initial Franchise Fee

$25,000

Ongoing Royalty Fee

6.5%

Ad Royalty Fee

2%

Financing Options

CPR-Cell Phone Repair offers in-house financing to cover the following: startup costs

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

Veteran Incentives

10% off franchise fee or franchise fee waived on third unit

Support Options
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

On-The-Job Training:

42 hours

Classroom Training:

63 hours

CPR-Cell Phone Repair is ranked #26 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $55,650 High - $170,500
Units
+43.0%+111 UNITS (1 Year) +114.5%+197 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

Franchise Articles

5 Steps of the New Model of Revenue Recognition for Franchisors

The new rules around revenue recognition are lengthy and complex. Here's what you need to know.

Here's How You Can Avoid Being a Victim of Franchise Fraud

It is important for prospective franchisees to take adequate steps to protect themselves to avoid being a victim of a fraud

The Top 5 Business Service Franchises From the Franchise 500

Open a franchise and help others with their businesses, too.

These Roommates Changed Their Lives for a Sandwich -- and Built a Franchise Empire

Ashley Morris and Jason Smylie have known each other since they were eight years old. Here's how they maintain a healthy work relationship today.

Want to Buy a Franchise? Here's Your Step By Step Guide

Franchising is one of the safest ways of becoming a business owner

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 17th, 2018
My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.