SOLD – 2-Location National Franchise Cell Phone Repair Shop
Two-location industry-leading national franchise cell phone repair stores located in high-income areas with a dense population is available for acquisition. Both business locations were originally established in 2016 by the current owner of the business. Most of the customers at each location are upper-class individuals which live in the surrounding densely populated residential neighborhoods that require immediate repair services for various electronic devices. The franchise itself has grown from 200 locations to more than 500 locations within the last 3 years nationally and from 3 to 17 in the past 3 years locally and still expanding. Although much of the marketing is done online in many social media outlets, other proactive marketing tactics can be utilized to maximize the growth of the business in gross sales and acquisition of new customers that has yet to hear about this franchise. Competition can be expected for this growing industry, but these businesses provide lifetime warranties at any of the locations locally and nationally and use quality parts that attract customers by their workmanship compared to the competition. There are many ways to proactively market this type of franchise such as direct mailing, wholesale accounts (schools, small companies, B2B), membership programs, door hangers, and full-time owner involvement. Operating the business as an owner absentee has advantages, but a full-time owner-operator will help the quality of service given at each location and cut payroll expenses spent on additional employees. These businesses have everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.