iDropped
Electronics repairs

About
Founded

2012

Franchising Since

2014 (5 Years)

Corporate Address

1201 Marshwood Rd.
Throop, PA 18512

CEO

Chad Altier

Parent Company

iDropped Inc.

Financial Requirements
Initial Investment

$60,100 - $119,089

Net-worth Requirement

$125,000

Liquid Cash Requirement

$75,000

Ongoing Fees
Initial Franchise Fee

$30,000 - $30,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

iDropped 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

Support Options
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

Marketing Support

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

On-The-Job Training:

43.25 hours

Classroom Training:

8.75 hours

Number of Employees Required to Run:

1 - 3

Cost
Initial Investment: Low - $60,100 High - $119,089
Units
+10.0%+0 UNITS (1 Year) +42.9%+3 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

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

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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: July 19th, 2018