iDropped
Electronics repairs

About
Founded

2012

Franchising Since

2014 (6 Years)

Corporate Address

1201 Marshwood Rd.
Throop, PA 18512

Leadership

Chad Altier, CEO

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

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units in the following regions/states:

Franchise Articles

Franchises: An Accessible and Successful Investment Model in Mexico

In the country franchises of all kinds are obtained, from restaurants, gas stations, gyms, to courier services. And as a whole, they have a relevant weight in the national economy.

Why Most Ghost Kitchens Will Fail in 2021

Ghost kitchens exploded in popularity this year, but are they a house of cards?

6 Ways Being in a Franchise System Helped Me Survive Covid-19

Here's how franchise systems are built to handle pivots and pressure.

10-Step Roadmap to Franchising Success

Here's what a business owner should consider when looking to turn their existing business into a franchise opportunity.

Election Results Frame Positive Future For Franchising

Franchise companies and those looking to franchise can be optimistic.

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