CPR Cell Phone Repair logo

CPR Cell Phone Repair

Electronics repairs and sales

Investment

$104,750

Initial Franchise Fee

$19,900

Units

435

Growth Rate

-7%

Overview About Investment Territories Support Operations Ranking History

Overview

Industry Tech Businesses
Founded 2004
Franchising Since 2007
Parent Company Assurant
Leadership Kyle Opdahl, Director of Business Development
# of Employees at HQ 75

Units and Growth Chart

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About CPR Cell Phone Repair

Cell phone repair companies are needed in this modern era. Technology has become a necessity in the lives of many people. One of the leaders of repair companies is CPR Cell Phone Repairs, which was created in 2004. Since beginning to franchise in 2007, they have opened over 530 locations all over the world. Over 475 of these locations are in the United States, with nearly two dozen more in Canada. This reveals the possible power behind the brand and business model.

One factor behind this unique business is the increasing prices of tech devices, which is prompting people to choose repair over replacement. Another factor is the less disposable modern-day tech design. As a franchisee, you may be joining an industry with a cost-effective, quick build-out approach to retail. CPR Cell Phone Repairs offers cell phone repair services via walk-in, drop-off, or mail-in. The brand also sells smartphones, music players, gaming systems, and other related technologies.

Why You May Want to Start a CPR Cell Phone Repairs Franchise

A CPR Cell Phone Repairs franchise may provide your community with convenient repair services for all mobile technology. Franchisees are not required to be experts on technology. With the company’s proprietary POS system, training program, and supplier partners, you might be able to build on your knowledge and experience over time. As a brand, CPR Cell Phone Repairs may be well-positioned in the large electronic repairs market.

What Might Make CPR Cell Phone Repairs Franchise a Good Choice?

CPR Cell Phone Repairs has been ranked in Entrepreneur's Franchise 500 many times over the past decade. This evaluation is based on an evaluation of more than 150 data points in the areas of costs and fees, size and growth, franchisee support, brand strength, and financial strength and stability.

Franchisees will need to meet the company's net worth and liquid requirements. You should make sure you are financially ready for an initial investment made up of a potential franchise fee and other startup costs. You should also be prepared for ongoing fees, including royalty fees, advertisement fees, and potential renewal fees. These investments may give you access to operational and technical training. This includes certifications, proven lead generation, marketing (traditional and digital) systems, national account relations, preferred supplier pricing, and other similar benefits. CPR Cell Phone Repairs is also a partner to several lenders and other third-party financing sources to help you finance your business, should you qualify. 

How Do You Open a CPR Cell Phone Repairs Franchise?

The process for opening a CPR Cell Phone Repairs franchise is as straightforward and typical as can be. Submit an interest form and wait for the brand to respond to your request. If you seem to be a good fit, a franchise representative may contact you for further questions. 

Details will probably come in a Franchise Disclosure Document, which is critical for you to read. It contains all terms, conditions, and every bit of knowledge that you are expected to know about the franchise. If you’re unsure about researching on your own, feel free to consult an expert, such as an accountant or a franchise lawyer. 

After the decision to buy a franchise is approved, you can pay and sign for your store. You will then typically be scheduled for comprehensive training so that you can open your new CPR Cell Phone Repairs franchise.

Investment Details

Initial Franchise Fee $19,900
Initial Investment $104,750 - $310,400
Cash Requirement
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Royalty Fee
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Ad Royalty Fee
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Term of Agreement
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Is Franchise Term Renewable?
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Financing
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Available Territories

Franchising opportunities available in the following regions

United States

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Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
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Classroom Training
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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

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Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
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Can this franchise be run from home/mobile unit?
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Can this franchise be run part time?
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# of employees required to run
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Are exclusive territories available?
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Veterans program
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Ranking History

CPR Cell Phone Repair performance in the Franchise rankings over recent years

Additional Rankings

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

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022