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Franchise 500 2023
Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$173K - $400K
Units as of 2023
78 Increase 129.4% over 3 years

Company Overview

About Techy

Industry Tech Businesses
Related Categories Electronics Repairs/Sales
Founded 2012
Parent Company Techy
Leadership Nicole Cooper, Director of Franchise Sales
Corporate Address 3000 S.W. 4th Ave.
Ft. Lauderdale, FL 33315
Social Facebook, LinkedIn, Instagram, YouTube

Business Overview

Franchising Since 2014 (10 years)
# of employees at HQ 40
Where seeking

This company is offering new franchises throughout the US.

This company is offering new franchises worldwide.

# of Units 78 (as of 2023)

Information for Franchisees

Here's what you need to know if you're interested in opening a Techy 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
$15,000
Initial Investment Information Circle
$172,500 - $399,500
Cash Requirement Information Circle
$50,000 - $1,000,000
Royalty Fee Information Circle
7%
Ad Royalty Fee Information Circle
$785+/mo.
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing Techy offers in-house financing to cover the following: startup costs, equipment, inventory, accounts receivable

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 40 hours
Classroom Training 80 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Marketing Support
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

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
Are exclusive territories available? Information Circle
Yes
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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