3000 South West 4th Avenue Fort Lauderdale, FL 33315
We are a Florida Limited Liability Company formed August 3, 2016. Our principal business address is 3000 South West 4th Avenue, Fort Lauderdale, Florida 33315. We have not conducted a business of the type described in this Disclosure Document or conducted business in any other line of business but an affiliate, DrPhoneFix Franchises, Inc. which was formed October 25, 2014, franchised nine stores and subsequent to our formation assigned the Franchise Agreements to us and ceased franchising. We also maintain support for the franchises, assigned to us. Our affiliate, DrPhoneFix, Inc. previously entered into license agreements to operate businesses using our name in the states of Alabama, Florida, North Carolina, Texas and Utah. As of the date of this disclosure document there are four (4) licensed operations. On July 27, 2020, we amended our name from DrPhoneFix USA, LLC to Techy, LLC and began using our trademarked name and logo “Techy Repairs and Smart Home Installs Powered by DrPhoneFix.”
Not Available
2 Ongoing Lawsuits
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Franchimp Summary Rating
7/10
Earning Transparency
7/10
$242,900 / unit
Average Revenue During 2021Electronics & Appliances Retail
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Upfront Franchise Fees
Minimum: $22,500 Maximum: $22,500
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: $172,500 Maximum: $399,500
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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