1800FIX.com Franchise for Sale

New opportunities in the cell phone and consumer electronics repair industries are a result of rapid advances in wireless mobile and computer technology. But unlike in the past, when people had a problem with their cell phone, laptop or game system and just went out to replace it with a new one, people are now looking to repair or trade their devices to reduce cost. This is especially true in today's market, with the high price of cell phones and the recent Smartphone equipment phenomenon that has flooded the marketplace. People and businesses now have much more limited options when these expensive devices break or are damaged. 1800FIX.com understands the frustration that comes with this and has built a strong, highly recognizable business and brand over a fifteen year period that is engaged in the repair, purchase, sale and trading of consumer electronics and related accessories, such as cell phones, computers, cameras, tablets, iPods and game systems, in addition to offering great pre-paid cellular services.

Now we are bringing this unique, growth oriented business model to the franchise marketplace so that others can enjoy the opportunities that a 1800FIX.com store can offer.

We are looking for highly motivated, business minded people searching for independent ownership. The ideal candidate will be excited about the opportunity to build a highly successful cell phone and computer repair business. 1800FIX.com is ideal for someone who understands consumer electronics and is able to multi task in a busy retail environment, prior technical experience in the field is not necessary. Our franchisees must also be financially qualified.

FREQUENTLY ASKED QUESTIONS

How much is my franchise fee and what is included?

The franchise fee is $25,000 for the initial franchise agreement. The franchise fee for subsequent agreements is reduced to $20,000. Included in the fee is an exclusive territory, use of the 1800FFIX.com brand name, operating systems, logo, trade dress, comprehensive training program and ongoing support.

What are the ongoing fees?

You will be required to pay 7% of Gross Revenues to 1800FIX.com Franchising, LLC. There is also a 2% Brand Development Fee.

What do I need financially to open a 1800FIX.com store?

We require potential franchisees to have a minimum of $100,000 net worth with at least $75,000 in liquid capital.

Is financing available?

Yes, there are many ways to finance your 1800FIX.com location. While we do not provide direct financing to franchisees, we will discuss various financing options including traditional SBA loans, home equity loans, and retirement fund rollovers.

How much money can I make?

Franchise Laws prohibit all franchise concepts from answering this question. We recommend that all prospective franchisees make their own independent investigation to determine what they believe their own potential may be.

What kind of support will franchisees get?

1800FIX.Com provides its franchisees with support from site selection approvals to store opening assistance, training, ongoing consultation, marketing programs and materials

What kind of training will I receive?

You will receive 2 full weeks of training at our corporate office location in the Bronx, NY. The training is a comprehensive training program giving you all the knowledge that you need to open and operate your 1800FIX.com business. In addition to training, we will provide one day of onsite guidance at the time of your store opening.

How long does the application process take?

It generally takes up to 2 weeks between the time you first file the application until you attend the personal interview.

Once approved, how long would it take to open the location?

This time varies from location to location, but it generally takes about six months after signing the Franchise Agreement before you will be ready to open for business.

INVESTMENT

Estimated Initial investment in opening a 1800FIX.com Store

Type of Expenditure Amount
Initial Franchise Fee $15,000 to $25,000
Area Development Fee $25,000 plus
$10,000 per Unit
Construction, Leasehold Improvements, Furniture and Fixtures $16,900 to $31,250
Equipment $2,525 to $3,300
Signage (interior and exterior) $3,570 to $4,550
Computer, Software and POS System $1,200 to $1,500
Opening Inventory $3,500 to $4,500
Rent Deposits $2,500 to $6,000
Utility Deposits $500 to $1,000
Insurance Deposits and Premiums $1,000 to $1,200
Pre-opening Travel Expense $100 to $2,000
Grand Opening Advertising $1,000 to $2,950
Professional Fees $1,500 to $3,000
Business Permits and Licenses $500 to $1,000
Printing, Stationery and Office Supplies $585 to $700
Additional funds - 3 Months $8,000 to $11,000
Total $58,380 to $98,950

STEPS TO FOLLOW

Step 1: Inquire

The first step in joining 1800FIX.com is to complete the short initial inquiry form. A member of our team will contact you and answer your initial questions. If the opportunity sounds right, you will complete an application.

Step 2: Learn about the opportunity

We want to get to know you and you need to get to know us. We will conduct a series of personal phone calls, and an in person discovery day so that we both can learn more about each other.

Step 3: Research and due diligence

We will continue to be available to answer your questions as talk to people about us, research your territory and determine if the 1800FIX.com opportunity is right for you.

Step 4: Join the Team

If we both determine that you will be a good fit in the 1800FIX.com franchise system, we will issue franchise agreements and begin the process of getting you trained and your 1800FIX.com location open.

Notice Regarding Franchise Offers and Sales

  • This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. There are approximately 14 countries and 15 US states that regulate the offer and sale of franchises. The countries are Australia, Brazil, Belgium, Canada (provinces of Alberta and Ontario), China, France, Indonesia, Italy, Japan, Malaysia, Mexico, Russia, South Korea, Spain, and the United States of America. The US states are California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states or countries, are receiving this message in one of these states or countries, or intend to operate a franchise in any of these states or countries, we will not offer you a franchise unless and until we have complied with any applicable pre-sale registration and/or disclosure requirements in the applicable jurisdiction.
  • This offering is not an offering of a franchise. In New York (USA), an offering of a franchise can only be made by a prospectus that has been previously filed and registered with the Department of Law of the State of New York. The application for registration of an offering prospectus or the acceptance and filing thereof by the Department of Law as required by the New York law does not constitute approval of the offering or the sale of such franchise by the Department of Law or the attorney general of New York
  • OUR WEBSITE HAS NOT BEEN REVIEWED OR APPROVED BY THE CALIFORNIA DEPARTMENT OF CORPORATIONS. ANY COMPLAINTS CONCERNING THE CONTENT OF THIS WEBSITE MAY BE DIRECTED TO THE CALIFORNIA DEPARTMENT OF CORPORATIONS AT www.corp.ca.gov.
Min. Liquid Capital:
$30,000
Total Investment:
$58,380 - $98,950
Minimum Net Worth:
$100,000
Financing:
Third Party
Training:
Yes

Please Note: This 1800FIX.com advertisement, and any other franchise opportunities, franchises for sale, business opportunities, businesses for sale, franchise financing providers, and other advertisements on this website should not be considered an offering or solicitation, nor are they recommended, endorsed, or approved in any way by BizQuest. The content of all listings and advertisements on this website is submitted to BizQuest by the franchise, business opportunity, business for sale or other advertiser, and we rely entirely on the truthfulness and accuracy of the information provided. We have no stake in these companies, and we have not independently verified any of the information submitted to us, and we assume no responsibility for its accuracy or completeness. Persons submitting the inquiry form are under no obligation, they are simply requesting more information on the franchises or business opportunities listed. Please review our Terms & Conditions and Privacy Policy before responding to any ad.