Start a CPR Cell Phone Repair Franchise
Interested in becoming a franchisee with CPR Cell Phone Repair? Discover the opportunities, benefits, and support available to you with this leading name in the electronics repair industry.
Why Choose a CPR Cell Phone Repair Franchise?
CPR Cell Phone Repair offers a robust and proven business model in the booming electronics repair market. Here are some compelling reasons to consider this franchise:
- Ranked in Entrepreneur's Franchise 500, showcasing strong brand recognition and reliability.
- Comprehensive support and training, including a proprietary POS system, marketing assistance, and technical training.
- Flexibility in service options: walk-in, drop-off, or mail-in repair services.
- Diversified product offerings including smartphones, music players, gaming systems, and more.
- Lender partnerships and third-party financing options available to help you with startup costs.
Initial Investment and Financial Requirements
Investing in a CPR Cell Phone Repair franchise requires a certain level of financial commitment. Here are the key financial details:
- Initial Franchise Fee: $19,900
- Initial Investment Range: $73,250 - $218,400
- Net Worth Requirement: $50,000 - $150,000
- Liquid Capital Requirement: $50,000
- Royalty Fee: 5.8%
- Ad Royalty Fee: $285 per month
Franchise Support and Training
CPR Cell Phone Repair ensures its franchisees have the resources they need for success. Expect thorough support in the following areas:
- Initial Training: 48 hours of on-the-job training and 48 hours of classroom training.
- Ongoing Support: Includes purchasing co-ops, newsletters, meetings, a toll-free line, grand opening support, online assistance, and more.
- Marketing Support: Co-op advertising, ad templates, regional advertising, social media, SEO, website development, and email marketing.
Steps to Open a CPR Cell Phone Repair Franchise
Embarking on the franchise journey with CPR Cell Phone Repair involves a few key steps:
- Submit an interest form to express your interest in the franchise.
- Engage in discussions with a franchise representative to evaluate fit and readiness.
- Review the Franchise Disclosure Document (FDD) to understand all terms and conditions.
- Consult professionals such as accountants or franchise lawyers if needed.
- Sign the franchise agreement and undergo comprehensive training to prepare for your grand opening.
Key Takeaways
- CPR Cell Phone Repair is a recognized leader in the electronics repair market, offering solid brand strength and support.
- Expect a comprehensive initial and ongoing support system designed to help you run a successful franchise.
- Financial requirements include an initial franchise fee, total investment range, net worth, and liquid capital needs.
- Opening a franchise follows a straightforward process, from submitting an interest form to comprehensive training.
Interested in exploring this opportunity further? Download the Franchise Disclosure Document or fill out the free information request form on this page to get started.
