Cell Phone Repair (CPR)
Professional Services Services-GeneralCompany Information
Address
7100 E. Pleasant Valley Rd., #300 Independence, OH 44131
Website
Tel
Email
Franchise Summary
Description
The franchisor offers a franchise to operate cell phone repair businesses within specified geographic areas using the “CPR” marks that provide repair services the franchisor authorizes for smart phones, cell phones, laptops, game systems and other electronic devices. They offer two territory/market options based on the size and demographics of the market the franchise(s) are located in: Standard Market and Mobile Market. They offer these franchises individually under the terms of a standard franchise agreement.
Company Background
Cell Phone Repair has been providing repair services for smartphones, cellphones, laptops, game systems and other electronic devices ever since we were founded in 2009. We have a professional tone of voice that is straightforward and honest. As a company, we believe in being upfront with our customers about the costs involved with repairing their device as well as how long it will take to complete the service.
Franchise Opportunity
Cell phones, laptops, and other electronic devices are becoming an increasingly important part of our lives. We rely on them for work, entertainment, and communication. If something goes wrong with your device, it can be frustrating and inconvenient. You may not have the time to take it in for repair or you may not know where to go. Cell Phone Repair is here to help. We provide repair services for smartphones, cellphones, laptops, game systems and other electronic devices. We have a wide variety of services available, so we are sure to have what you need. Plus, we only use authorized parts and repairs so you can be sure your device is in good hands.
Corporate Structure
MMI-CPR, LLC is a Delaware limited liability company that was organized on April 5, 2013. Their principal place of business is 7100 East Pleasant Valley Road Suite 300 Independence, Ohio 44131. Effective October 4, 2013, CPR acquired substantially all of the assets of CPR-Cell Phone Repair Franchise Systems, Inc., a Florida corporation which was incorporated in the State of Florida on March 15, 2007. Its principal place of business was 313 Ridgeview Drive, Summerville, Georgia 30747. They offered franchises for Cell Phone Repair Businesses since 2008.
Earnings Transparency
This Franchise discloses much less information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Franchise Types Available
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Employee Contact Database
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Distribution of Cell Phone Repair (CPR) Franchisees
Cell Phone Repair (CPR) Franchise System Development in 2016
FAQ
How much investment do I need to start my own Cell Phone Repair (CPR) business?
Franchisees typically require at least $76 to $279 investment to get their Cell Phone Repair (CPR) business started
What are the initial franchise fees for Cell Phone Repair (CPR)?
Franchisees typically need to pay at least $34 in fees directly to Cell Phone Repair (CPR) in order to earn the right to launch their business
How much money can I make with a Cell Phone Repair (CPR) franchise? What are
the average revenues for a typical Cell Phone Repair (CPR) business?
We haven’t done the math on how much revenue a typical
Cell Phone Repair (CPR) brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$932,459 revenue, so we would expect
Cell Phone Repair (CPR) to generate a similar amount
How long do I need to commit to running a Cell Phone Repair (CPR) unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$76,750 to $279,400
which is
Much Higher
than the $0 to $0 average in the Services-General industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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