The total investment to open your own Cell Phone Repair franchise is $55,650-$170,500. Prospective owners are asked to have $75,000 in liquid capital and in return CPR provides numerous benefits and programs to help you successfully run an electronic product sales and repair service business. You can have access to: Operational & Technical Training/Certification, Preferred Supplier Pricing, Aggressive Lead Generation Programs, Advanced Operational Technology and National Account Relationships.
The cell phone and mobile device repair category is exploding and Cell Phone Repair (CPR®) dominates the industry. Selecting your franchise partner is an important decision, and our growth is a testament to our brand, business model and benefits.
With the price of devices increasing, consumers no longer want to throw away their gadgets. Today’s devices are less disposable and consumers are more likely to have them repaired. Electronic device repair is a $4 billion industry and is projected to grow annually by 3.4%.
Join this multi-billion dollar electronic product sales and repair industry and open your own Cell Phone Repair franchise; an affordable retail concept with quick build out.
By joining the CPR franchise network, you will be able to provide customers in your community with comprehensive, “while-you-wait” repair services for electronics of all makes and models.
Become a go-to expert. With an established POS system, supply chain partners, and a certified training program, joining the CPR franchise network is a no-brainer for techies and entrepreneurs alike.
Repairs
Retail Product Categories
CPR’s historical focus has been heavily weighted to the service side of the business. While cases, chargers, tempered glass and other phone accessories are a key part of every CPR location, we are focused on substantially growing our retail product offerings.We have conversion stores with >60% of revenue coming from device sales. We are focused on growing the following product categories:
a) Small battery sales - The battery lite program has been constructed to target high margin small batteries sales. Product consists of small batteries, common use batteries and specialty batteries for use in watches, garage door openers, car remotes, hearing aids, range finder’s (golf), specialty flashlights etc. Battery installations on watches, car remotes and garage door openers are quick and help boost the overall margins.
b) Pre owed device sales -Demand for used smartphones is growing rapidly. There isn’t an established leader (Brick & Mortar) in used smartphone sales in North America. CPR's new program features inventory floor planning, consumer financing and device warranties. This brings a significant opportunity to increase volume of customer visits to CPR franchise locations through warranty replacements that will lead to up selling on accessories, repair services, and more.
c) Drone sales - Drone shipments are expected to grow to 29M by 2021 (Business Insider)
d) Cases
e) Chargers / cables
f) Tempered glass
g) Headphones
h) Bluetooth speakers
Technology constantly changes. To keep up with new models, products and services Cell Phone Repair provides routine training for franchise owners and managers. Currently, the following programs are offered:
Cell Phone Repair guides new owners through every step of the on boarding process when opening a new store and is assigned an On boarding Coordinator. CPR will guide you through a six step process:
#26 Entrepreneur Magazine's Franchise 500 List
Top 7 Tech Franchise - Entrepreneur
Top 10 Fastest Growing Tech Franchises - Entrepreneur
Interested in opening a CPR Franchise? Please, inquire today!
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