Are you an electronics repair guy? Would you like to upgrade your business?
There are excellent investment options to explore. uBreakiFix franchise offers a perfect opportunity to start a good electronics repair business.
This company has built a brand known for excellence and seeks to expand its business further.
As its franchisee, you’ll handle all kinds of electronics, including computers, Macs, iPads, and a whole range of other cell phones and tablets.
Does this sound exciting? You’ll want to tag along as we discuss uBreakiFix’s franchise offering. This niche has proven to be resistant to recession, thus offering loads of investor benefits.
uBreakiFix Franchise Startup Cost, Profit & Opportunities
This national electronics repair brand prides itself as a leader in professional same-day electronics repairs.
As stated above, all kinds of electronic products are handled by this company. This is a clear opportunity for persons interested in electronic maintenance and seeking to improve their skills.
Headquartered in Orlando, FL, uBreakiFix was founded in 2009 and has grown to over 100 units.
uBreakiFix accepts inquiries from states like Alabama, Arkansas, Arizona, Colorado, Connecticut, the District of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, and Indiana.
Other states include Kansas, Kentucky, Louisiana, Massachusetts, Michigan, Minnesota, Missouri, Mississippi, Montana, and North Carolina. Others include North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, Rhode Island, and South Carolina.
South Dakota, Tennessee, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, and Wyoming are more states where uBreakiFix accepts inquiries.
The Ideal Candidate
uBreakiFix seeks franchise candidates of a certain caliber.
While these candidates may have different backgrounds, one thing is sure; you don’t have to be an engineer to apply for this opportunity. However, this franchisor prefers candidates with sales and sales management experience.
What more? Ideal candidates must be able to build a team and network with others. It would help if you were prepared to manage single and open multiple locations, thus becoming an area developer.
Can you motivate others? Do you have sufficient capital? If you do, this opportunity is for you.
uBreakiFix Franchise Cost
To join its franchise program, franchise candidates must meet the franchisor’s minimum financial requirements. This includes liquid capital of $80k, a net worth of $200k, and a total investment of about $90k to $135k.
This isn’t a detailed account of uBreakiFix’s franchise cost. For all the details, you’ll need to check its franchise disclosure document (FDD), which contains a full breakdown of costs.
There are other attendant fees included too. With that, you know how much investment is needed.
Financing
If you’d hoped for financing provisions, we’re sorry to inform you that not many options are available.
Only veterans benefit from this franchisor’s $5,000 discount on the initial franchise fee. This discount is aimed at appreciating these veterans for the sacrifices they’ve made for the country.
Why uBreakiFix?
Are you seeking excellent and objective reasons to join uBreakiFix’s franchise program?
The following might suffice: first, this franchisor prides itself as an industry leader, in addition to offering proven model franchisees can use to grow their operations.
The experience, neat concept, brand recognition, franchise process, and experienced operation easily make this franchisor stand out. Let’s briefly have a look at each of these reasons.
i. Industry Leader
This is one of the clear advantages of joining uBreakiFix’s franchise program.
Here, its buying power comes into play. This helps cut your running costs as you can leverage on its high purchase volume, which means low cost of vital electronic parts. This results in better margins.
ii. Proven Model
uBreakiFix has established a proven business model which has helped its franchise development team build and grow its operations.
This is replicated in all new franchise units created, thus guaranteeing successful operations. The best part is you get comprehensive ongoing support.
iii. Experience
Its many years of dedication to refining its operation has helped uBreakiFix build a robust electronic repair operation. With such dedication and commitment comes significant experience.
You can leverage such expertise as a franchisee to establish a thriving business.
iv. Clean Concept
uBreakiFix provides a comfortable service experience whenever clients come around.
Its adoption of modern technology, crisp colors, and brand-building signage combine to create an appealing aesthetic that turns first-time clients into loyal patrons of the business.
v. Brand Recognition
One of the most vital points in your favor is the uBreakiFix brand. This has been in the making for over a decade and has built confidence in its delivery capacity.
Clients won’t hesitate to patronize your business. By joining this franchise, you have such privilege to grow your operations.
vi. Franchise Process
If this is the right franchise opportunity, you must indicate your interest by contacting the franchisor. There’s a contact form where you get to fill in personal details.
The uBreakiFix franchise development team reviews your application and assesses your qualification
If you’re eligible, you’ll be contacted for further discussions about the opportunity. This leads to several interactions and visits to its corporate headquarters.
Once the franchise agreement is signed, it signifies a mutually beneficial relationship between you and the franchisor.
Training
Having completed the franchise application process, what remains is training. This is done while your store is under construction. Initial training is done at the franchisor’s headquarters in Orlando, FL.
However, subsequent hands-on training is provided at your location.
Your Role(s) as a uBreakiFix Franchisee
As a franchisee, you’re saddled with several responsibilities, all targeted at ensuring the smooth operation of your franchise. These responsibilities include opening and operating your electronic device repair retail center.
You’ll also need to hire qualified repair technicians and management personnel as required.
What more? Working with customers is a crucial area of your daily operations. Every client’s needs have to be to be fully catered to. More importantly, the client must feel wanted and respected.
This is how loyal customers are built.
How Much Money do I make as a uBreakiFix Franchisee?
Often, investors want to know the profit potential before committing to any investment. The same is applicable here. While this is true, there are no static profit figures when operating your uBreakiFix franchise.
First, the size of your operations matters. Several other factors contribute to your level of profitability.
Now you know what it takes to open a uBreakiFix franchise. We’ve identified the key areas to consider. While the information provided here is accurate at the time of writing, the franchisor reserves the right to make alterations.
So, we recommend you visit its site to confirm.
