CPR-Cell Phone Repair

Electronics repairs and sales

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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 ⓘ

$58,150 - $176,000

Net-worth Requirement ⓘ

$150,000

Liquid Cash Requirement ⓘ

$50,000

Ongoing Fees

Initial Franchise Fee ⓘ

$37,500

Ongoing Royalty Fee

5.8-8%

Ad Royalty Fee

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

On-The-Job Training:

40 hours

Classroom Training:

40 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 - $58,150 High - $176,000

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 Financing

Using 401(K)/IRA Funds

Tax Penalty-Free
Debt Free
Expert Guidance

Learn More

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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: August 31st, 2017

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