10/10

Franchimp Summary Rating

0 /10
Higher than 100% of peers

Franchise Summary

Description
Asurion Tech Repair & Solutions is a franchise that specializes in quick and reliable repair services for electronic devices, including smartphones and laptops, often providing same-day repairs. Known for employing expert technicians and using high-quality parts, the franchise emphasizes customer satisfaction and offers warranties on many repairs.

Earnings Transparency

10 /10
This Franchise discloses far more 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

Financial Performance of "Standard" Units

Average Revenue Per Unit

Compared vs. Computer Products and Services Industry

$726,069 / unit

Franchise Type: Standard

Average Revenue During 2021

$726,069
$601,021
Industry Low
$726,069
Industry High

Average Gross Profit Per Unit

Compared vs. Computer Products and Services Industry

$433,629 / unit

Franchise Type: Standard

Average Gross Profit During 2021

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Asurion Tech Repair & Solutions Franchise System Development in 2021

FAQ

How much investment do I need to start my own Asurion Tech Repair & Solutions business?
Franchisees typically require at least $118 to $369 investment to get their Asurion Tech Repair & Solutions business started
What are the initial franchise fees for Asurion Tech Repair & Solutions?
Franchisees typically need to pay at least $62 in fees directly to Asurion Tech Repair & Solutions in order to earn the right to launch their business
How much money can I make with a Asurion Tech Repair & Solutions franchise? What are the average revenues for a typical Asurion Tech Repair & Solutions business?
We estimate that the average revenue of an individual Asurion Tech Repair & Solutions unit is approximately $726,069. We based this on Item 19 in franchise disclosure document
How long do I need to commit to running a Asurion Tech Repair & Solutions unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

0 /10
The Franchisor's investment costs ranges from $118,350 to $369,555 which is Much Higher than the $0 to $0 average in the Computer Products and Services 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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