iFixandRepair Franchise FDD, Profits & Costs (2025)

iFixandRepair is a prominent franchise specializing in the repair of smartphones, tablets, computers, drones, game consoles, and other smart devices. Founded over a decade ago, the company has expanded its presence across the United States, boasting over 100 locations nationwide.
The franchise offers a comprehensive range of repair services, including screen replacements, battery issues, water damage restoration, and more. Their commitment to customer satisfaction is evident through their low-price guarantee and a lifetime warranty on parts and repairs for manufacturing defects.
iFixandRepair differentiates itself from competitors by providing high-quality repair services with a focus on customer needs, transforming device issues into optimal solutions swiftly. Their established brand and partnerships with prominent mall operators in the U.S. further enhance their market position.
Initial Investment
How much does it cost to start a iFixandRepair franchise? It costs on average between $68,000 – $147,000 to start a iFixandRepair franchised outlet.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the size and layout of the store, the location, and whether the franchisee chooses to lease or purchase the property. Indeed, iFixandRepair offers 2 types of franchises:
Type of iFixandRepair Franchise | Initial Investment |
---|---|
Single Unit iFixandRepair Stand-Alone Kiosk Franchise | $68,200 to $124,950 |
Single Unit iFixandRepair Retail Merchandising Store Franchise | $78,200 to $147,450 |
We are summarizing below the main costs associated with opening a Single Unit iFixandRepair Retail Merchandising Store Franchise.
For more information on the various types of franchises and its costs, refer to the Franchise Disclosure Document (Item 7).
Type of Expenditure | Amount |
---|---|
Initial Franchise Fee | $25,000 for a single unit |
Transportation and living expenses while training | $1,500 to $2,500 |
Rent and/or Lease Security Deposit | $2,500 to $5,000 |
Lease Liability Fee | $0 to $5,000 |
Leasehold Improvements, remodeling, Licensing, Permitting | $15,000 to $40,000 |
IFAR in a Box | $10,000 to $22,500 |
Opening inventory and supplies | $7,000 to $17,000 |
Insurance | $750 to $1,500 |
Software license fee | $1,450 |
Grand Opening and Initial Advertising (initial 3 months) | $5,000 to $7,500 |
Additional Funds for the Initial 3 Months | $10,000 to $20,000 |
Total Estimated Investment | $78,200 to $147,450 |
Below are a few iFixandRepair competitors as a comparison:
iFixandRepair Franchise Disclosure Document
Frequently Asked Questions
How many iFixandRepair locations are there?
As of the latest data, iFixandRepair operates a total of 181 locations across the United States, comprising 177 franchised units and 4 company-owned units.
What is the total investment required to open a iFixandRepair franchise?
The total investment required to open a iFixandRepair franchise ranges from $78,000 to $147,000.
What are the ongoing fees for a iFixandRepair franchise?
iFixandRepair franchisees are required to pay a royalty fee of 6% of gross sales, which is paid to the franchisor on a regular basis to support their continued operations, resources, and overall brand maintenance.
Additionally, franchisees are required to contribute 2% of gross sales towards the marketing and advertising fund, which is used to promote the brand and drive customer traffic at both local and national levels
What are the financial requirements to become a iFixandRepair franchisee?
To become an iFixandRepair franchisee, you should have a minimum net worth of $150,000 and at least $50,000 in liquid assets. These financial requirements ensure that franchisees have the necessary resources to establish and operate their iFixandRepair store successfully.
Who owns iFixandRepair?
iFixandRepair is a private company specializing in consumer electronics repair services, including smartphones, tablets, computers, drones, and game consoles.
Disclaimer
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