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iCare Repair
Electronics repairs, resales, and accessories

About
Founded

2012

Franchising Since

2015 (3 Years)

Corporate Address

2145 University Park Dr., #390
Okemos, MI 48864

CEO

Dan Peabody

Financial Requirements
Initial Investment

$55,893 - $120,993

Net-worth Requirement

$80,000 - $200,000

Liquid Cash Requirement

$30,000 - $100,000

Ongoing Fees
Initial Franchise Fee

$20,000 - $20,000

Ongoing Royalty Fee

7.25%

Ad Royalty Fee

3%

Financing Options
Veteran Incentives

25% off franchise fee

Support Options
Ongoing Support

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

On-The-Job Training:

10 days

Classroom Training:

10 days

Additional Training:

At company-owned store

Absentee Ownership Allowed
Number of Employees Required to Run:

4

Cost
Initial Investment: Low - $55,893 High - $120,993
Units

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:
Indiana, Michigan, Ohio, Oregon, Washington
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

Franchise Articles

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How This Franchisor Found Sweet Success With an Ice Cream Experiment

Creamistry's Jay Yim took a crazy experiment in his garage and grew it into a global ice cream brand.

The Top-Ranked Franchise 500 Companies Available in All 50 States

We looked at the top 20 businesses from our Franchise 500 to find a top-ranked franchise in your home state.

Leadership Secrets From a Former Starbucks Executive and Children's Franchise President

Former Starbucks executive Andrew Alfano wants to help you become a better leader.

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 10th, 2017