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Franchise: CPR-Cell Phone Repair

Initial Investment
LOW:$58,150
HIGH: $176,000
Change in Units
+18.3% +40 UNITS (1 Year)
+81.7% +116 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
Regional Media

Training Onsite: 40 hours

Training at headquarters: 40 hours

About CPR-Cell Phone Repair

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.

Founded

2004

Franchising Since

2007 (10 Years)

Corporate Address

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

CEO

Josh Sevick

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

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

1%

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

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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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