UbreakIfix Franchise Cost, Fee and Owner Reviews, Salary and Income

 

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. I will guide you on Ubreakifix franchise cost, fee and oner salary, income, and reviews in this article.

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 experts who love technology and have a talent for fixing issues that others 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 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 many 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+ (as of 2023)
Number of Franchise Units	431
Social Media Handles	Facebook
	Twitter
	Youtube
	Instagram
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 $118,350 – $369,555.

UbreakIfix Franchise Startup and On-going Franchise Costs
UbreakIfix Franchise Fee	$25,000-$40,000
UbreakIfix Franchise Cost	$118,350 – $369,555
Royalty Fee	5%
Term of Agreement	10 years
Is the 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 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 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. However, the business does have connections with several outside lenders that could be able to offer qualifying franchisees finance options.

Pros & Cons of Owning a UbreakIfix Franchise

Pros of owning a UBreakIFix 

1. 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.

2. 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.

3. 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.

4. 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 Franchise

1. High initial investment

For some potential franchisees, the high initial investment needed to open a UbreakIfix franchise may be a deterrent.

2. 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.

3. Competition

Franchisees may encounter competition from other repair shops and internet sellers in the very competitive electronics repair sector.

4. 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 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 4 years 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 low 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

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 worth the cost and you can recoup your 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, and 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 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	$25,000-$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 

1. Cell Phone Repair (CPR)
2. Experimax
3. Device Pitstop
4. Batteries Plus Bulbs franchise
5. Matco Tools Franchise
6. TeamLogic IT Franchise
7. Digital Doc
8. Computer Troubleshooters

Frequently Asked Questions (FAQs)

1. Is the UbreakIfix franchise profitable?

Yes, the UbreakIfix franchises are profitable.

2. Can you make money owning a UbreakIfix?

Yes, you can make money owning a UbreakIfix. 

3. Is UbreakIfix a franchise?

Yes, UbreakIfix is a franchising company with 600+ franchises in the United States of America.

4. 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 $118,350 – $369,555.

5. 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.