Have you ever dropped your treasured phone only to discover that the screen has broken into thousands of small pieces? Or perhaps your laptop has been having issues and you don’t have the time or the necessary skills to fix it. Let me present you to UbreakIfix, the hero you didn’t know you needed if you’re nodding in agreement.In this article,I will guide you on Ubreakifix franchise cost,fee and oner salary,income and reviews.
What is UbreakIfix?
A startup called UbreakIfix specializes in fixing all kinds of electrical gadgets, including drones, gaming consoles, smartphones, and computers. They have a group of knowledgeable experts who love technology and have a talent for fixing issues that other people might consider “unfixable.” The dedication to client satisfaction at UbreakIfix is what I find most intriguing. They provide a 90-day warranty on all repairs, which means they’ll fix your gadget for free if it breaks again within that time. Additionally, they offer a price-match guarantee, ensuring that you are obtaining the best available price.
Is UbreakIfix A Franchise Opportunity?
Yes, there is a franchise possibility with UbreakIfix. For people or organizations interested in owning and running their own electronic repair shop using the UbreakIfix brand, the firm provides franchising opportunities.
Facts That Nobody Told You About UbreakIfix
- Since opening its initial store in Orlando, Florida, UbreakIfix has expanded to over 600 locations across the United States and a number of other nations.
- In addition to repairs, UbreakIfix provides plans for device protection that include coverage for loss, theft, and unintentional damage.
- Entrepreneur Magazine, Franchise Business Review, and other trade publications have named UbreakIfix a top franchise.
- The UB Cares Foundation, a charitable division of the business, supports numerous causes and programs in the areas where UbreakIfix operates.
- By providing same-day repairs and mobile repair services, where experts restore customers’ devices where they are, UbreakIfix continues to develop and broaden its services.
UbreakIfix Franchise Review and Information
| Industry Type | Services Franchises |
| Sub Category | Electronics Repairs Franchise Opportunities |
| Year Established | 2009 |
| Company Name | UbreakIfix |
| Founder/Management Head | David Barbuto, CEO |
| Franchising Started | 2013 |
| Employees at Company H.O | 156 |
| Franchise Expansion Plan | The company is planning to expand in the United States and Canada |
| Number of Units | 837 |
| Number of Franchise Units | 431 |
| Social Media Handles | |
| Youtube | |
| Company Office location | 2121 S. Hiawassee Rd., #120 |
UbreakIfix Franchise Requirements
Franchisees with prior business expertise, particularly in retail or customer service, are sought after by UbreakIfix. You must choose a good site for your UbreakIfix store, which should be accessible to clients and in a busy neighborhood.
You must be prepared to invest your time and efforts into running the franchise, which includes recruiting and training employees, handling finances, and publicizing the enterprise. Franchisees with a love for technology and a dedication to remaining current with industry advancements are highly valued by UbreakIfix.
How much does a UbreakIfix franchise cost?
You need a net worth of $200,000 and liquid money of at least $80,000 to invest in a UbreakIfix franchise. A franchise typically requires a total investment of between $90,000 and $135,000.
How much does it cost to franchise a UbreakIfix in the United States?
You need a net worth of $200,000 and liquid money of at least $80,000 to invest in a UbreakIfix franchise. A franchise typically requires a total investment of between $90,000 and $135,000.
| UbreakIfix Franchise Startup and On-going Franchise Costs | |
| UbreakIfix Franchise Fee | $40,000 |
| UbreakIfix Franchise Cost | $118,350 – $369,555 |
| Royalty Fee | 5% |
| Term of Agreement | 10 years |
| Is franchise term renewable? | Yes |
UbreakIfix Training to Franchises
For the effective operation of their locations, UbreakIfix offers its franchisees thorough training and support. The training course covers a wide range of subjects, such as technical repair abilities, business operations, marketing, and staff management, and it combines classroom instruction with on-the-job training. With routine communication, site visits, and access to its own software and resources, UbreakIfix also offers continuing assistance to its franchisees..
UbreakIfix Operations and Support to Franchises
To aid its franchisees in successfully operating their locations, UbreakIfix offers a variety of operations and support services. Comprehensive training in business operations, marketing, advertising, and personnel management are all included in this. Additionally, the business provides continuous assistance by way of routine correspondence, site visits, and accessibility to its own resources and software.
Franchisees can interact with other franchisees and keep up with market trends by attending regional and national meetings and events. UbreakIfix has built a successful franchise structure that has helped it expand quickly in the fiercely competitive electronics repair sector because of its strong focus on offering great training and support.
How is UbreakIfix Territory Granted to Franchises
Franchisees of UbreakIfix are often given a specific area to operate their business and provide UbreakIfix services within. The population density, local competition, and prospective demand for UbreakIfix services are some of the elements that are taken into account while determining the territory’s size and limits.
Depending on the geography and the exact franchise opportunity, the method for granting territories may change. Depending on their qualifications and interests, the corporation may in some situations assign franchisees pre-determined territory. In other situations, the corporation could collaborate with franchisees to specify a territory that satisfies their unique requirements and objectives.
What is the Franchise Term of Agreement and Renewal?
Depending on the location and the particulars of the franchise agreement, the period of the first franchise agreement and any subsequent renewals for UbreakIfix may differ. Nonetheless, UbreakIfix franchise agreements typically last for 10 years. In certain circumstances, they can be extended for further 10-year periods.
Does UbreakIfix provide Financial Assistance to Franchises?
Franchisees are not given any direct financial support from UbreakIfix. But, the business does have connections with a number of outside lenders that could be able to offer qualifying franchisees finance options.
Pros & Cons of owning a UbreakIfix Franchise
Pros of owning a UBreakIFix
- Extensive training and support
UbreakIfix offers its franchisees in-depth training in a variety of areas, including business operations, marketing, public relations, and personnel management.
- High growth potential
UbreakIfix has recently shown tremendous growth potential, and it has plans to keep increasing its franchise network. The electronics repair market is expanding.
- Multiple revenue streams
UbreakIfix offers a variety of income sources, such as repair services, accessory sales, and gadget trade-ins, to assist franchisees in optimizing their earning potential.
- Established brand
UbreakIfix has a well-known brand and reputation in the electronics repair sector, which can draw clients and give new franchisees more confidence.
Cons of Owning a UbreakIfix Franchises
- High initial investment
For some potential franchisees, the high initial investment needed to open a UbreakIfix franchise may be a deterrent.
- Ongoing fees and royalties
As with any franchise, UbreakIfix franchisees must continue to pay ongoing fees and royalties to the franchisor, which may affect their ability to turn a profit.
- Competition
Franchisees may encounter competition from other repair shops and internet sellers in the very competitive electronics repair sector.
- Restricted product selection
Because UbreakIfix focuses on fixing specific kinds of gadgets, the range of services and goods that franchisees can provide may be constrained.
How much do UbreakIfix franchise owners make?
Because of the wide range of franchise earnings, UbreakIfix does not publish detailed UbreakIfix franchise owner salary financial performance data for its franchise network. Nonetheless, the average yearly gross UbreakIfix franchise revenue for franchisees in 2020 was $839,708, with the top-performing franchise producing $2,507,753 in annual gross revenue, according to the company’s Franchise Disclosure Document
What is UbreakIfix franchise profit?
I will estimate the Ubreakifix franchise profit and years to recoup the investment (ROI).
| AUV | Estimated Annual Profit (15%) | Estimated Annual Profit (18%) | Estimated Annual Profit (20%) |
| $839,708 | $ 125,956 | $ 151,114 | $ 167,941 |
| Recoup mid-point$ 240,000 | 2 years | 1.8 years | 1.6 years |
The estimated franchise profit is in the range of $ 125,956 to $ 167,941 and it will take 2 to 4years to recoup the investment.
What are UbreakIfix Franchise Reviews
The majority of online reviews for UbreakIfix franchisees are favorable, with clients applauding the business’ quick, efficient, and expert personnel. Several clients value the company’s reasonable prices and the ease of using a nearby UbreakIfix facility. However, some consumers have complained about bad experiences, such as lengthy repair delays or poor customer service, at particular UbreakIfix sites.
The majority of UbreakIfix employees give the organization excellent feedback, and many of them highlight the welcoming work atmosphere and prospects for professional advancement. Some workers value the company’s flexible scheduling policies and the opportunity to use cutting-edge technologies. However, some workers have voiced worries about the low compensation and few growth chances, and some have criticized the corporation for not providing benefits for part-time workers. Overall, UbreakIfix appears to be a respectable franchise with content clients and staff, but like any company, there is always room for growth.
UbreakIfix Franchise Rankings
- Entrepreneur Magazine’s Franchise 500: UbreakIfix routinely ranks among the top franchise possibilities in the US on Entrepreneur Magazine’s annual Franchise 500 list.
- Franchise Times Top 200: Based on global sales, the top 200 U.S.-based franchise systems are ranked, and UbreakIfix has been included.
Franchise Deck Analysis and Overview
For those with an interest in the electronics repair sector, purchasing a UbreakIfix franchise for sale can be a rewarding business opportunity. Franchisees of UbreakIfix can gain access to tried-and-true business methods and marketing techniques thanks to the company’s strong brand recognition and well-known franchising system.
Franchisees can also benefit from UbreakIfix’s thorough training and continuous support as they establish and run a successful business. Franchisees may be able to stay competitive by taking advantage of the company’s emphasis on innovation and commitment to staying at the forefront of technological advancements. Investing in a UbreakIfix franchise for sale can be a wise choice for people searching for a turnkey business opportunity in the expanding electronics repair market. The franchise has a comparatively modest initial investment need and the potential for significant profitability.
Potential risks to consider before investing in a UbreakIfix franchise
- Competition
The electronics repair industry is becoming increasingly competitive, with new competitors entering the market regularly. As a UbreakIfix franchisee, you will need to be prepared to compete with other repair services, both locally and online.
- Economic factors
Changes in the economy, such as a recession or changes in consumer spending habits, can impact the demand for electronics repair services. As a result, franchisees may experience fluctuations in revenue and profitability.
- Operational challenges
Running a UbreakIfix franchise can come with its own set of operational challenges, such as managing inventory and handling customer complaints. Franchisees will need to be prepared to navigate these challenges and ensure they have the necessary resources and support to overcome them.
- Franchise agreement terms
UbreakIfix’s franchise agreement includes specific terms and conditions that franchisees must abide by, including requirements around purchasing equipment and supplies from approved vendors. It is important to review and understand these terms before investing in a UbreakIfix franchise.
Is the UbreakIfix Profit Worth the Franchise Cost?
UbreakIfix franchises are definitely worth the cost and you can recoup you investment within 4 years.This makes the business attractive to everyone.
Additionally, the business has indicated that its franchises have seen rapid revenue growth in recent years.
Like any business, the success of a UbreakIfix franchise for sale depends on a variety of variables, including the franchisee’s capacity for efficient marketing, cost control, and customer service.
UbreakIfix Franchise Success and Failure Rate
Although UbreakIfix has experienced great success in the electronics repair sector, franchisees are constantly in danger of losing money. A highly competitive market, poor location selection, poor financial management, and a failure to offer high-quality repair services and customer care are a few possible causes of franchise failure.
Franchisees may also find it difficult to keep up with changes to UbreakIfix’s franchising system and standards, as well as changes to the industry and technological developments. The company’s concentration on innovation and staying ahead of market trends, together with its dedication to offering excellent customer service and high-quality repair services, are some of the reasons for its success.
The Franchisees of UbreakIfix gain access to thorough training, ongoing support, a tried-and-true business strategy, and a well-known brand. With a proven track record of success and rising demand for electronics repair services, UbreakIfix presents an alluring franchising opportunity for business owners wishing to enter the booming technology repair sector.
| Year | Format | Start | End | Change |
| 2019 | Franchise Owned | 393 | 513 | 120 |
| Company Owned | 28 | 15 | 13 | |
| 2020 | Franchise Owned | 513 | 526 | 13 |
| Company Owned | 15 | 59 | 44 | |
| 2021 | Franchise Owned | 526 | 451 | -75 |
| Company Owned | 59 | 243 | 184 |
Competition Analysis of UbreakIfix Franchises
| Franchise Brand | Cost to Franchise | Franchise Fees | Royalty + Ad fees | Expected Profit | Recoup of Capital | FD Rating |
| UbreakIfix | $118,350 – $369,555 | $40,000 | 7% | 5% | 10 years | 3.4/5.0 |
| Batteries Plus Bulbs Franchise | $221,679 – $431,072 | $44,500 | 5% + 1% | 19.6% | 4.3 / 5.0 | |
| Buddy’s Home Furnishings | $349,570 – $839,690 | $39,900 | 6% + 2% | 2.5/5.0 | ||
| Amazing Lash Studio | $304,071 – $635,972 | $50,000 | 6% + 2% | 2.5/5.0 | ||
| TeamLogic IT franchise | $110,918 – $142,709 | $45,000 | 7% + 1.2% | 3.0/5.0 |
The Franchise Deck rating for the UbreakIfix franchise is 4.1/5.0.
Conclusion
UbreakIfix is a well-known electronics repair franchise with a tested business model, great brand recognition, and a dedication to offering excellent customer care and high-quality repair work. The company has had great success in the electronics repair market thanks to its collaborations with key technology manufacturers and its more than 650 facilities around the country.
Franchisees of UbreakIfix receive thorough training, continuing operational support, marketing help, a large network of other franchisees, and other benefits. Owning a UbreakIfix franchise may come with dangers and difficulties, but it also presents a compelling franchise opportunity for business owners seeking to enter the lucrative technology repair market with the possibility of high returns on investment.
Entrepreneurs who want to open a franchise in the category of Electronics Repairs Franchise Opportunities can look at
- Cell Phone Repair (CPR)
- Experimax
- Device Pitstop
- Batteries Plus Bulbs franchise
- Matco Tools Franchise
- TeamLogic IT Franchise
- Digital Doc
- Computer Troubleshooters
Frequently Asked Questions (FAQs)
- Is the UbreakIfix franchise profitable?
Yes, the UbreakIfix franchises are profitable.
- Can you make money owning a UbreakIfix?
Yes, you can make money owning a UbreakIfix.
- Is UbreakIfix a franchise?
Yes, UbreakIfix is a franchising company with 600+ franchises in the United States of America.
- How much is a UbreakIfix franchise?
You need a net worth of $200,000 and liquid money of at least $80,000 to invest in a UbreakIfix franchise. A franchise typically requires a total investment of between $90,000 and $135,000.
- How do UbreakIfix franchises make money?
The main source of the UbreakIfix franchise income is the provision of repair services for various electronic gadgets, such as smartphones, tablets, computers, and gaming consoles. Franchisees charge clients for these repairs, which can include everything from straightforward screen replacements to involved diagnostic and repair procedures.