Why Partner With iFixScreens?
iFixScreens Owners not only have the unparalleled chance to build wealth in a resilient industry that is projected to grow indefinitely but also build and grow something within an industry that aligns with their passion - technology.
Simple & Economically Resilient
iFixScreens offers a simple business model with inherent demand, featuring low inventory, minimal overhead, and a small operational footprint that makes it resilient to economic downturns. Throughout the COVID-19 pandemic, the business maintained its essential status, demonstrating resilience that led to a surge in demand even during the recessionary period. Additionally, the industry's perpetual demand is driven by increased usage and budget-conscious consumers opting for repairs over replacements.
Demand & Industry Trajectory
With the rapid evolution of technology, people are adopting more and more devices in their daily lives. In addition, usage has and continues to increase which contributes to a rise in the rate of repairs per individual and device. This surge in demand for electronic devices not only amplifies the need for repair services but also underscores the critical role these services play in sustaining the longevity and functionality of the ever-expanding technology landscape.
Multiple High Margin Revenue Streams
Our easy to learn business model is not overly reliant on one type of service or product for its revenue. Instead, it can generate income from various sources such as device repair, warranty protection plans like the iFixShield Protection Plan, and retail services including refurbished parts & devices, new devices, and accessories. This diversified revenue approach not only ensures a steady flow of income but also demonstrates our resilience and ability to adapt to market changes which signifies positive financial health and potential for long-term profitability.
Leadership Team & Experience
With over 12 years of successfully scaling iFixScreens, our leadership team brings extensive expertise in operating thriving businesses within the technology industry. We understand the importance of providing ongoing support and guidance, making this a core focus. Our team has created a platform for new iFixScreens owners to grow and build a business they are proud of in a positive, supportive environment that prioritizes culture and core values.
Streamlined Recruiting & Hiring
At iFixScreens, we offer franchise owners a proven playbook for recruiting and hiring through strategic partnerships with Vocational-Technical schools and local organizations. These alliances enable access to skilled candidates, targeted job advertising, and top talent attraction. This robust support empowers franchise owners to efficiently recruit, hire, and train key team members, elevating their business. Additionally, we provide comprehensive training for all employees, ensuring they excel in their roles and contribute to the overall success of the franchise.
Hear From Our Owner Operators
Our owners went from dissatisfied in their current situation and anxious to build something they're passionate and proud of to excited for each new day because it's another opportunity to build something they're proud of and passionate about.
The Facts About the Industry Speak For Themselves
Essential & Recession Resistant
Hospitals, doctor's offices, restaurants, and grocery stores remain open. In many places, so do independent repair stores. As America's office workers have started working from home in masses, independent repair stores have become more important than ever. According to business industry research company IBISWorld, the cell phone repair industry is a $4 billion business in the U.S., and it's expected to continue to grow in the years to come.
High Profit Margins
Most people wouldn't think of our industry having explosive profit margins, but it certainly does. With vendors selling OEM parts at competitive prices, we're able to offer the customer an attractive price that is appealing but profitable with a 180 day warranty tied to it. To give you an idea of what you can expect, parts can cost anywhere from $10-$40 and we're able to charge rates of anywhere from $99 to $500 depending on the device in question.
It's Needed Everywhere
In cities all over the country people are using their devices now more than they ever have before. Our PC's, laptops, & smartphones have a direct affect on how we communicate with friends and family and on how we conduct our business. Our technology has never ever before been more important to us. As a population, if something were to happen to our devices, we need companies like iFixScreens to get them repaired and quickly.
What Our Customers Are Saying About Us
Our Customer's Experiences Speak For Themselves
Frequently Asked Questions
Check out some of the frequently asked questions below.
After signing your franchise agreement, we typically see stores open in between 120-150 days thereafter. It can be sooner but it will all depend on how prepared you are and how quickly your township can issue building permits.
Protected territories are made up of a lot of variables in every market. Your franchise agreement will specify a territory, which will be determined by us. Your territory will have a population of approximately 50,000 people. Your territory will usually be specified as a radius around your location; however, we may use other boundaries (such as county lines or other political boundaries, streets, geographical features, or trade area). If your business location is not known when you sign your franchise agreement, then we will state your location and territory in a “Location Acceptance Letter” when we approve your location. If we do not state your territory in writing before you open your business to the public, your territory will be deemed to be the zip codes which immediately surround the location of the franchised business and comprise 50,000 people.
Due to the nature of our business being essential and recession resistant, 2020 and 2021 were strong years for the brand. In fact, iFixScreens as a whole has had back to back record setting years where we saw amazing growth and an increase in many of our key performance metrics.
The franchise agreement is for 10 years. At the end of those 10 years, we’ll provide you with an option to renew for another 10 years. Our goal is to bring in strong owners that will be part of our iFixScreens brand for decades to come.
Our monthly royalty and marketing fees are the only recurring monthly fees that are paid to us. All of the other "what-if" fees are mentioned inside our item 6 chart in our FDD.