RadioShack Corp.

RadioShack Corp.

Electronics store
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2022 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$145K - $644K
Units as of 2014
5,531

Company Overview

Note: RadioShack filed for Chapter 11 bankruptcy in February 2015.

RadioShack was opened in 1921, offering ham radio operators and electronics buffs a retail and mail order source for their electronics needs. By the 1960s, the company had nine stores and was shipping electronics to people all over the world. Today the company operates stores nationwide, selling everything from batteries to satellite dishes to electronics buffs and general consumers.

About RadioShack Corp.

Industry
Retail
Founded
1921
Leadership
Joe Magnacca, CEO

Franchising Overview

Franchising Since
1968 (54 years)
# of employees at HQ
2,000
Where seeking

This company is seeking new franchisees worldwide.

# of Units
5,531 (as of 2014)

Franchisor Information

Social
Facebook, Twitter
Corporate Address
300 RadioShack Cir.
Fort Worth, TX 76102

Information for Franchisees

Here’s what you need to know if you’re interested in opening a RadioShack Corp. franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$39,900
Initial Investment
$144,875 - $643,851
Veteran Incentives
15% off franchise fee
Royalty Fee
5%
Ad Royalty Fee
3%
Term of Agreement
10 years
Is franchise term renewable?
Yes
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Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
1 week
Additional Training
Local workshops, annual convention
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Field Operations
Marketing Support
Ad Templates
National Media
Marketing Planning & Support

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
2
Are exclusive territories available?
Yes
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Franchise 500 Ranking History

Compare where RadioShack Corp. landed on this year’s Franchise 500 Ranking versus previous years.

Stock History for RadioShack Corp.

Ticker Symbol for RadioShack Corp.: RSH

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021