CPR® Cell Phone Repair
How do I buy my own CPR® Cell Phone Repair Franchise?
Do you want to open an in-demand electronic product and service business? Or, do you own an existing device repair shop? Cell Phone Repair (CPR®) provides on-premises repair of electronic devices from franchised locations that offer “while-you-wait” service. The total investment is $55,650 - $170,500 and requires $75,000 in liquid capital. Capitalize on this society’s growing gadget dependency and help get people's gadgets going again fast.
CPR is the Nation’s Largest Mobile Repair Franchise.
The cell phone and mobile device repair category is exploding and Cell Phone Repair (CPR®) dominates the industry. Selecting your franchise partner is an important decision, and our growth is a testament to our brand, business model and benefits.
With the price of devices increasing, consumers no longer want to throw away their gadgets. Today’s devices are less disposable and consumers are more likely to have them repaired. Electronic device repair is a $4 billion industry and is projected to grow annually by 3.4%.
Join this multi-billion dollar electronic product sales and repair industry and open your own Cell Phone Repair franchise; an affordable retail concept with quick build out.
About
By joining the CPR franchise network, you will be able to provide customers in your community with comprehensive, “while-you-wait” repair services for electronics of all makes and models.
Become a go-to expert. With an established POS system, supply chain partners, and a certified training program, joining the CPR franchise network is a no-brainer for techies and entrepreneurs alike.
Industry
- Used smartphones generates more than #17 billion
- The average value per device is $140
- US only drone sales are projected to be $17.5BN 2017 2021 (Goldman)
- CPR has entered into an exclusive partnership with ZAGG to provide same day warranty replacements for their InvisibleShield product. In 2017, 2.75m warranty claims were submitted and only 700,000 processed in franchise locations.
- $8 billion spent annually by US schools on hardware & software
- More than 23 million devices deployed to grades K-12
CPR Services and Products
Repairs
- Phones
- Tablets
- Computers
- Game systems
- Drones
-
Other relevant technology such as:
- Tune up and diagnostic services
- Security Services
- Remote Support Services
- Cloud Backup Services
- Data Recovery Services
- Hardware Repair Services
- Premier Tune Up Services
- Virus Removal Services
- System Reload Services
Retail Product Categories
CPR’s historical focus has been heavily weighted to the service side of the business. While cases, chargers, tempered glass and other phone accessories are a key part of every CPR location, we are focused on substantially growing our retail product offerings.We have conversion stores with >60% of revenue coming from device sales. We are focused on growing the following product categories:
a) Small battery sales - The battery lite program has been constructed to target high margin small batteries sales. Product consists of small batteries, common use batteries and specialty batteries for use in watches, garage door openers, car remotes, hearing aids, range finder’s (golf), specialty flashlights etc. Battery installations on watches, car remotes and garage door openers are quick and help boost the overall margins.
b) Pre owed device sales -Demand for used smartphones is growing rapidly. There isn’t an established leader (Brick & Mortar) in used smartphone sales in North America. CPR's new program features inventory floor planning, consumer financing and device warranties. This brings a significant opportunity to increase volume of customer visits to CPR franchise locations through warranty replacements that will lead to up selling on accessories, repair services, and more.
c) Drone sales - Drone shipments are expected to grow to 29M by 2021 (Business Insider)
d) Cases
e) Chargers / cables
f) Tempered glass
g) Headphones
h) Bluetooth speakers
Benefits
- Huge addressable market
- Less than 4% of CPR’s sales today
- CPR is well positioned
- Professional/ local retail footprint
- Thicker margins than phone repair
- Sell to existing customers (CLV)
- Best in class solution offerings
- Utilizes industry leading software for managing point of sales activities, customers’ records, inventory management, repair tracking, employee time clock and integrates with Quickbooks.
Training
Technology constantly changes. To keep up with new models, products and services Cell Phone Repair provides routine training for franchise owners and managers. Currently, the following programs are offered:
- Monthly New Owner/Manager Training
- Monthly Basic Technical Training
- Advanced Soldering Training
- Master Technician / Board level Training
- Online Drone Training
- Computer Services Training
- Weekly Best Practices Training
- Quarterly Online Technical Certification Training
Support
Cell Phone Repair guides new owners through every step of the on boarding process when opening a new store and is assigned an On boarding Coordinator. CPR will guide you through a six step process:
- Site selection
- Store build out
- Administrative setup
- Procurement and hiring
- Marketing
- Soft Opening
Awards and Accolades
#26 Entrepreneur Magazine's Franchise 500 List
Top 7 Tech Franchise - Entrepreneur
Top 10 Fastest Growing Tech Franchises - Entrepreneur
Interested in opening a CPR Franchise? Please, inquire today!
* This information may have changed since first published. We recommend that you always verify fees, investment amounts, and offers with the business opportunity directly prior to making a decision to invest.
Other Franchises Looking For Owners Like You in California
Batteries Plus
Over 30 years of consistent growth. Ongoing support. Multiple revenue streams. Whether you’re looking into owning your very first store, or you’re interested in adding to your existing franchise portfolio, Batteries Plus is here to help. Learn more about…
Cash Required: $100,000
SmartMarket Solutions
SmartMarket Solutions is redefining unattended retail with AI-powered SmartMarkets that offer secure, grab-and-go access to today’s most popular snacks and beverages. No lines, no staff, and no franchise fees—just a smarter, more scalable way to build a…
Cash Required: $50,000
ClaimTek Systems
Why Medical/Dental Billing is the business for you... No Experience Needed! Great Income Potential! Flexibility to work at home, on the road, basically anywhere you have Internet access. ClaimTek is the most trusted Medical/Dental Billing business opportunity…
Cash Required: $20,000
PostalAnnex
Today's busy lifestyles demand the services PostalAnnex offers. Capitalize on this demand and open your own business!! After retiring from the printing business PostalAnnex founder Jack Lentz began working out of his home as a business consultant. He soon…
Cash Required: $70,000
Hike Doggie
Hike Doggie is a home-based dog hiking franchise with a simple, proven model and 91% recurring weekly revenue. No inventory or specialized hiring required—just hike dogs and build client relationships. Franchisees receive hands-on training and ongoing…
Cash Required: $100,000
Automated Investments
Automated Investments is the pillar of e-Commerce automation. Automated Investments build and operate profitable and hands off Amazon FBA (Fulfilled-By-Amazon) businesses for their clients and investors. While the clients and investors act as the capital…
Cash Required: $100,000
Mr. Electric
Mr. Electric, a Neighborly company, is the nation's leading residential and commercial electrical services franchise. With us, business ownership is shockingly simple!
Cash Required: $65,000
Salty Dawg Pet Salon + Bakery
Rethinking Pet Grooming! Join the Pack with Salty Dawg Pet Salon + Bakery’s Amazing Opportunity! Pet grooming has nearly doubled over the past decade. Rising pet ownership has driven the demand for pet grooming, boarding, training, and walking to an…
Cash Required: $100,000
CartCapital - Subscription Based E-Commerce Store
Did you know you could partner with a company to build out your entire e-commerce store, from product research to inventory acquisition to marketing? Yep! You can easily make 6-7 figures in passive income when we build your e-commerce empire and money-making…
Cash Required: $40,000
Minuteman Press
Own an Essential B2B Printing & Marketing Franchise with a proven business model, low inventory, work-life balance, great products & services that every business needs. No prior experience is needed. Be part of the modern printing industry.
Cash Required: $50,000
SiteSwan
Start your own web design business with SiteSwan. Create & sell websites to small businesses in your area with our easy-to-use, private label website builder. Set your own prices - keep 100% of the sales. Our turnkey platform is designed for anyone looking to…
Cash Required: $199
CR3 American Exteriors
One of the fastest growing companies in the Exterior Remodeling Industry. CR3 was formed to enable small-to-midsize contractors to capitalize on a proven franchise model that really works, while establishing a powerful national brand that will make your…