Device Pitstop LLC
Electronics resales and repairs
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Device Pitstop LLC
Electronics resales and repairs

About
Founded

2013

Franchising Since

2013 (6 Years)

Corporate Address

4350 Baker Rd., #350
Minnetonka, MN 55343

CEO

Ron Olson

Parent Company

NTY Franchise Co.

Financial Requirements
Initial Investment

$100,700 - $218,250

Net-worth Requirement

$250,000 - $300,000

Liquid Cash Requirement

$50,000 - $60,000

Ongoing Fees
Initial Franchise Fee

$25,000 - $25,000

Ongoing Royalty Fee

5%

Ad Royalty Fee

$2K/yr.

Financing Options

Device Pitstop LLC has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Veteran Incentives

$2,500 rebate on franchise fee

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Site Selection

Proprietary Software

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

National Media

Regional Advertising

Social media

SEO

Website development

Email marketing

Loyalty program/app

On-The-Job Training:

20 hours

Classroom Training:

63.5 hours

Cost
Initial Investment: Low - $100,700 High - $218,250
Units
-13.3%-2 UNITS (1 Year) +8.3%+1 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S.
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: September 23rd, 2018