Quick Mobile Repair: Franchise Costs, Fees and Profit

Quick Mobile Repair was founded by 17-year-old Nick Fazio, initially designing the logo with a nostalgic cell phone image and focusing on fast, professional, and affordable repairs.

Read the original at 1851 Franchise
Quick Mobile Repair: Franchise Costs, Fees and Profit

TL;DR

Quick Mobile Repair, a mobile device repair and sales company founded by Nick Fazio in 2012, has begun franchising with 14 locations open across the US. The initial investment to open a Quick Mobile Repair franchise ranges from $125,000 to $175,000.

Quick Mobile Repair is a full-service mobile device repair and device sales company, focused on creating efficient and affordable solutions for customers’ electronic device needs.

In 2012, Quick Mobile Repair was born from the entrepreneurial spirit of 17-year-old Nick Fazio. Initially designing the QMR logo with a nostalgic cell phone image, his aim was simply to earn some extra cash by fixing friends' broken phones. Fazio's knack for fast, professional and affordable repairs quickly gained popularity beyond his immediate circle, extending to friends of friends and even their parents.

Overwhelmed by the growing demand, he transitioned from working at home to opening his first physical store — a modest setup in the back of a tobacco shop in Phoenix, Arizona. This move was just the beginning, as the demand soon outstripped the capacity of his initial setup, leading to the opening of the first standalone Quick Mobile Repair store in his hometown of Scottsdale, Arizona, marking the start of a rapidly expanding enterprise.

In 2020, Quick Mobile Repair began franchising and opened up its first physical store outside of Arizona in scenic Salt Lake City. Today, there are 14 Quick Mobile Repair locations open and operating across the country.

In terms of franchise development, the Quick Mobile Repair is seeing impressive results. To date, the brand has sold eight stores in the greater Kansas City area, 22 throughout Utah and a total of 71 across the state of Florida.

Quick Mobile Repair franchisees will open a brick-and-mortar shop concentrating on the most lucrative services within the device repair market, including screen replacements, battery replacements, rear glass repair, water damage restoration, WiFi connectivity fixes, charging port repairs, camera repairs and hard drive upgrades. The concept offers repairs for a wide range of devices, including Samsung, Apple and Android phones as well as iPads, laptops and gaming consoles.

According to its website, Quick Mobile Repair distinguishes its franchisees through a combination of unique advantages: their leadership team's extensive experience and a history of success spanning over a decade, a solid and reliable supply chain connecting the brand to global suppliers, and the convenience of one-click inventory access for franchisees with stringent quality control from the franchisor. Additionally, Quick Mobile Repair offers a lower royalty fee structure designed to foster early-stage success, industry-leading training programs that are hands-on, analytics for optimal territory selection based on detailed real estate and demographic metrics, efficient and cost-effective systems for starting up, and a comprehensive and dynamic program for grand openings.

Quick Mobile Repair does not make any representations about a franchisee’s future financial performance or the past financial performance of company-owned or franchised outlets.

The initial investment required to open a Quick Mobile Repair franchise ranges from $125,000 to $175,000, with a minimum cash requirement of $70,000 and a net worth requirement of $150,000

The initial franchise fee required to open a Quick Mobile Repair franchise is $30,000.

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In this story

This story was originally published in 1851 Franchise on June 12, 2024. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

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