The franchisee will operate a RadioShack retail electronics store.
Company Background
RADIOSHACK is the leading provider of wireless communications, entertainment and related products to consumers, businesses and government agencies. With over 18,000 stores throughout the U.S., RADIOSHACK offers that one-stop shopping experience for mobile devices such as smartphones, tablets and accessories that are in sync with today's connected lifestyle. The company was founded in 1921 in Boston by two brothers who shared a passion for radio technology.
Franchise Opportunity
You need a new or additional retail electronics store, but don't have the time or knowledge to start from scratch. Operating a RadioShack retail electronics store can be incredibly profitable, but it's also a lot of work. Between stocking shelves and dealing with customers, you might not have the time or energy to do everything yourself. RADIOSHACK can help. We'll provide you with all the training and support you need to get your business up and running, so you can focus on what you're good at - selling electronics!
Corporate Structure
RadioShack Corporation is a Delaware corporation. They were incorporated in the State of Delaware in December 1967. Their principal business address is 300 RadioShack Circle, Mail Stop CF4-101, Fort Worth, Texas 76102-1964.
Investment and Franchisee Fees
The total investment necessary to begin operation of a RadioShack store is expected to be approximately $193,175 – $607,351 for a Full-Line Store and $144,875 to $379,734 for a Store-Within-A-Store. This includes $99,400 to $206,900 that must be paid to the franchisor or its affiliate.
Employee Contact Database
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RADIOSHACK Franchise System Development in 2013
FAQ
How much investment do I need to start my own RADIOSHACK business?
Franchisees typically require at least $144,875 to $643,851 investment to get their RADIOSHACK business started
What are the initial franchise fees for RADIOSHACK?
Franchisees typically need to pay at least $39,900 in fees directly to RADIOSHACK in order to earn the right to launch their business
How much money can I make with a RADIOSHACK franchise? What are
the average revenues for a typical RADIOSHACK business?
We haven’t done the math on how much revenue a typical
RADIOSHACK brings in each year. We estimate that other
franchisees in the Retail industry generate
$1,203,797 revenue, so we would expect
RADIOSHACK to generate a similar amount
How long do I need to commit to running a RADIOSHACK unit? What
is my contractual commitment?
RADIOSHACK franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
10 /10
The Franchisor's investment costs ranges from
$10,005 to $38,076
which is
Much Lower
than the $0 to $0 average in the Retail Stores 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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