CPR Cell Phone Repair
#24 Franchise 500| Electronics repairs and sales

CPR Cell Phone Repair
Electronics repairs and sales

About
Founded

2004

Franchising Since

2007 (12 Years)

Corporate Address

7100 E. Pleasant Valley Rd., #300
Independence, OH 44131

CEO

Josh Sevick

Financial Requirements
Initial Investment

$55,650 - $170,500

Net-worth Requirement

$150,000

Liquid Cash Requirement

$50,000

Ongoing Fees
Initial Franchise Fee

$25,000

Ongoing Royalty Fee

6.5%

Ad Royalty Fee

2%

Financing Options

CPR Cell Phone Repair offers in-house financing to cover the following: startup costs

CPR Cell Phone Repair 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 or franchise fee waived on third unit

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

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

42 hours

Classroom Training:

63 hours

CPR Cell Phone Repair is ranked #24 in the Franchise 500!
Bio
CPR-Cell Phone Repair was founded in 2004 and began franchising in 2007. CPR franchise locations offer walk-in, drop-off and mail-in repair services for cell phones and other electronic devices. They also sell smartphones, game systems, music players, parts and accessories.
Cost
Initial Investment: Low - $55,650 High - $170,500
Units
+38.5%+142 UNITS (1 Year) +134.4%+293 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.
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 2nd, 2019