iFixandRepair - Franchise
iFixandRepair has been operating stores in the technology industry for over 20 years as multi-unit operators of major telephone carrier retail outlets. Meet the needs of customers after they make their primary phone or mobile device purchases and keep the world connected.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $70,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $250,000 What does Net Worth mean? |
| Total Investment: | $100,000 What does Total Investment mean? |
Options
Options available to franchisees:
| Financing: | Available |
|---|---|
| Training: | Available |
| Veteran Discount: | 25% |
Franchisor Details
Facts about this franchise:
| Total Units: | 60 |
|---|---|
| Home Office: | Palm Beach Gardens, FL |
| Year Founded: | 2010 |
| Franchising Since: | 2012 |
What Does an iFixandRepair Franchise Cost?
Interested parties should have at least $70,000 in liquid capital to invest and a minimum net worth of $250,000. Franchisees can expect to make a total investment of at least $100,000. They also offer financing as well as a discount for veterans (25%). *
Why iFixandRepair
iFixandRepair is your full source smartphone, tablet and game console headquarters for repairs and accessories. Whether you cracked the screen on your new Apple® iPhone 6, or dropped your Samsung Galaxy S6 in the pool, iFAR has you covered! iFAR offers many unique services in a fun, up-scale, local environment to meet the needs of just about every customer. Since opening our doors in May 2010, we have grown to over 50 stores. Currently iFAR is operating retail stores in 13 States.
A Branded Concept
With an IFAR Franchise you have the benefit of a well-positioned brand that is designed to fit today’s retail environment. IFAR has many years of experience operating retail stores and we have designed our stores to look and operate like today’s premier technology retailers. We make sure our customers have a great experience and deal with friendly, knowledgeable staff. The IFAR – iFixandRepair brand name uniquely identifies our stores and sets the expectation for a quality customer service experience.
Statistics Show Growing Adoption of Smartphones and Tablets – 2014 Global Mobile Statistics
- Global mobile data traffic grew 69 percent in 2014.
- Almost half a billion (497 million) mobile devices and connections were added in 2014
- Smartphones accounted for 88 percent of that growth
- Average smartphone usage grew 45 percent in 2014
- The number of mobile-connected tablets increased 1.6 fold to 74 million
(Source: Cisco 2015)
IFAR Services - Keeping the World Connected
When anyone asks, “Where can I go to fix my iPhone, tablet or broken screen?” the answer is iFixandRepair! We offer services perfectly suited for today’s connected world. As wireless and mobile usage increases, devices become more and more important to all of us. Once a phone or device purchase is made, keeping the information on that device intact and staying connecting to friends, family or colleagues for work, business or pleasure is critical. Students and children are now a part of this consumer group as tablets are launched in many school districts as learning tools. IFAR is well-positioned to serve all of these customers.
FAQs
Can I really keep my job and start an IFAR franchise?
Yes. Once you become qualified by our Franchise Development team you’ll be encouraged to start talking with our operators – most of whom kept their professional job while opening up their first store.
Does IFAR provide training?
We know how important training is to the success of our franchisees, and we take it very seriously. Our dedicated trainers will be sure that you and your employees are familiar with the proven and effective operating concepts before you open your first store. You and your operating partner will train in one of our training stores prior to the opening. In addition, one of our experienced Franchise Operations Consultants will be assigned to assist you before you open and provide site visits, training and operational assistance.
What kind of site works best?
An IFAR store can succeed in a variety of locations such as, enclosed malls, strip centers and non-traditional locations. Square footage can range from 750-1500 square feet. A prime site is one that is situated in a heavily traveled area that allows for easy access. We require a first floor or street-level location and convenient customer parking in a suburban or urban setting. IFAR also offers non-traditional prototypes that can be implemented at smaller sites such as within airports, close to universities or other locations that may represent our target site characteristics.
Franchisee Requirements
We are seeking IFAR franchise strategic-partners with a combination of management and leadership skills that will contribute to a successful retail environment. Although we are a technology service provider, technical skills are not a requirement to operate our stores. We would like to get to know you and discover your unique talents and skills. We will provide you with the details you need about IFAR to help you make an informed business decision.
BUSINESS APTITUDE, BACKGROUND AND EXPERIENCE
- A passion for exceeding customer expectations
- Proficient at team building
- Business, retail or operations management experience
- Sales and marketing abilities
- Adapt quickly to a dynamic environment (new technology, products, services)
- Ability to communicate with customers
- Adept at creating a customer friendly, service oriented business culture
FINANCIAL CAPACITY
Single Store
- $50,000 liquid assets*
- $150,000 net worth*
- Individual and/or partner(s) combined*
- Multi-Unit development strategies are available in select markets and will require additional capital and financial capacity
Whether you are looking for a business for yourself or your family, the IFAR concept adapts perfectly to a variety of retail settings. Contact us today to learn more about IFAR and how we may fit with your business goals.
To learn more about owning your own iFixandRepair franchise, fill out the form today!
This advertisement is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. An offering is made by a prospectus only. © 2014 IFAR, iFixandRepair, 1104, Federal House Avenue, Wake Forest NC 27587
Availability
iFixandRepair is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming
Interested parties should have at least $70,000 in liquid capital to invest.
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