FREE Franchise Guide!
Franchise 500 Rank
N/R Not ranked last year
See the Full List
Initial investment
$56K - $121K
Units as of 2016
10 Decrease

Company Overview

About iCare Repair

Industry Tech Businesses
Related Categories Electronics Repairs/Sales, Electronics Stores, Miscellaneous Maintenance Businesses, Miscellaneous Services, Miscellaneous Tech Businesses
Founded 2012
Leadership Dan Peabody, CEO
Corporate Address 2145 University Park Dr., #390
Okemos, MI 48864
Social Facebook, Twitter

Business Overview

Franchising Since 2015 (9 years)
# of employees at HQ 4
Where seeking

This company is offering new franchises throughout the US.

# of Units 10 (as of 2016)

Information for Franchisees

Here's what you need to know if you're interested in opening a iCare 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 Information Circle
$20,000
Initial Investment Information Circle
$55,893 - $120,993
Net Worth Requirement Information Circle
$80,000 - $200,000
Cash Requirement Information Circle
$30,000 - $100,000
Veteran Incentives Information Circle
25% off franchise fee
Royalty Fee Information Circle
7.25%
Ad Royalty Fee Information Circle
3%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
Take Our Free Franchise Quiz!

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 10 days
Classroom Training 10 days
Ongoing Support
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Is absentee ownership allowed? Yes
Can this franchise be run from home/mobile unit? Information Circle
No
Can this franchise be run part time? Information Circle
No
# of employees required to run 4
Are exclusive territories available? Information Circle
No
Take our quick quiz to find your ideal franchise

Sign Up for Our Franchise Newsletter

Stay up to date on the latest news and trends affecting the franchise industry.

Related Franchises

Are you eager to see what else is out there? Browse franchises that are similar to iCare Repair.

Multivista

description
Visual documentation services for the construction industry

Jeff's Bagel Run

description
Bagels, cream cheese, coffee

Cellairis

description
Wireless-device accessories and repairs

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

Franchise

Subway's CEO Steps Down Amid a Major Transition for the Sandwich Giant

John Chidsey will step down at the end of 2024, marking the close of a transformative five-year tenure.

Franchise

You Can Start These 10 Franchises for $10,000 or Less

Many budget-friendly franchise opportunities are in industries with high demand, such as home services, cleaning or mobile businesses.

Franchise

The Top 10 Burger Franchises in 2024

Taste the sizzle success with the best burger franchises, according to the 2024 Franchise 500 Ranking.

Franchise

An Executive's 5-Minute Guide to Building a Legacy Team

This guide delves into the critical aspects of building a legacy team, emphasizing the importance of nurturing a strong internal culture and leading by example to attract and retain top talent.

Franchise

Your Scaling Strategy Won't Work Without This One Crucial Ingredient

Strategies are important but most of them change with the economy, finances, world events and other temporary circumstances.

Franchise

The Largest Franchise Operator in the U.S. Just Acquired 32 More Wendy's Locations, Adding to Its $4.5 Billion Portfolio

In a strategic move to bolster its quick-service holdings, Flynn Group has acquired 32 Wendy's restaurants in the Indianapolis area.

See more franchise content
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