Device Pitstop
NTY Franchise Co.
Company Information
13801 Industrial Park Blvd Plymouth, MN 55441
Device Pitstop, LLC is a Delaware limited liability company formed on August 7, 2013. Their principal place of business is at 4350 Baker Road, Suite 350, Minnetonka, MN 55343. They began franchising Device Pitstop® businesses in September 2013. They are a wholly-owned subsidiary of NTY Franchise Company, LLC formerly known as CMF Holdings, LLC.
You will receive the right to own and operate an individual Store that: (i) buys and sells used and new electronic devices, including laptops, tablets, digital music player, cell phones and accessories; and (ii) provides related upgrades, and support services for these devices. The Store will be operated at a location we approve, offering the products and services we approve and using our formats, designs, methods, specifications, standards, operating and marketing procedures and the “Licensed Marks” (as defined in Item 13), including “Device Pitstop” (collectively, the “System”). Most of your inventory will be used electronic devices, including laptops, tablets, digital music players, cell phones and accessories purchased from customers, suppliers or other individuals. Some of the inventory items sold at the Store will be factory refurbished items that are purchased from manufacturers and certain suppliers. We or other suppliers may be the designated supplier or only supplier for a limited number of items. See Item 8 for further information. We may refuse to allow you to open your Store unless you have a minimum of $30,000 (at cost) in inventory.
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Franchise Rating
Franchimp Summary Rating
10/10
Investment Accessibility
10/10
Franchise System Development
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Distribution of Device Pitstop Franchisee
Employee Contact Database
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Summary of Investment Costs
Upfront Franchise Fees
Minimum: $23,000 Maximum: $46,250
Upfront franchise fees are the one-time payments required to secure rights to operate under an established brand, typically ranging from $20,000 to $100,000+ depending on brand value.
These fees grant access to proprietary business systems, training programs, intellectual property rights, and often territorial exclusivity—essentially purchasing the blueprint for a proven business model.
While separate from ongoing royalties, investors should evaluate these fees against expected returns, comparing fee-to-earnings ratios across opportunities and assessing how effectively franchisors reinvest these funds into system improvements.
Total Investment Costs
Minimum: $100,700 Maximum: $218,250
Ongoing Fees
Ongoing franchise fees, typically structured as royalties ranging from 4-8% of gross sales, represent the continuous payments franchisees make to maintain brand affiliation and support services.
These recurring fees fund the franchisor's operational assistance, marketing initiatives, technology updates, and continued brand development—creating a partnership where the franchisor's revenue grows alongside the franchisee's success. In addition to royalties, franchisees often contribute to national advertising funds (usually 1-3% of sales) and may incur technology fees, supply chain markups, or renewal fees depending on the franchise agreement.
Investors should carefully analyze these ongoing costs within their financial projections, as they directly impact profit margins and cash flow throughout the entire franchise relationship.
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