What does a Fix My Phone Franchise Cost?
Fix My Phone franchise fees for 2023:
Cash Investment: $10,000+
Total Investment: $97,335-$181,200
Minimum Net Worth: $100,000
Franchise Fee: $35,000 + $10,000(Training)
Average Number of Employees: 1-5
Item 19: Yes
SBA Approved: No
Passive Ownership: Yes
Home Based: No
Master Franchise Opportunities: Yes
Veteran Discount: Yes
Is Fix My Phone a Semi Absentee Franchise with a Passive Ownership Opportunity?
Yes. Fix My Phone is a semi absentee franchise and allows passive ownership. A semi-absentee franchise is a business you could start and run while still maintaining a job or other obligation.
Is Fix My Phone a Home Based franchise?
No. Fix My Phone is not a home based franchise opportunity.
What Do Fix My Phone Franchise Owners Make?
Click here to find out how much Fix My Phone franchisees make. Fix My Phone offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Fix My Phone a Master Franchise Opportunity?
Yes. Fix My Phone is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.
Does Fix My Phone Offer a Veteran Discount?
Yes. Fix My Phone franchise does offer a veteran discount.
Does Fix My Phone Work with E2 Visa and EB-5 Visa Candidates?
No. Fix My Phone franchise does not work with E2 Visa and EB-5 Visa candidates.
Is Fix My Phone Looking for Franchisees in Canada?
Yes. Fix My Phone franchise is looking for Canada franchisees.
Is Fix My Phone Looking for International franchisees?
No. Fix My Phone franchise is not looking for International franchisees.
Where can I see Fix My Phone's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.