CPR Cell Phone Repair FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers a franchise to operate cell phone repair businesses within specified geographic areas using the “CPR” marks that provide repair services the franchisor authorizes for smart phones, cell phones, laptops, game systems and other electronic devices. They offer two territory/market options based on the size and demographics of the market the franchise(s) are located in: Standard Market and Mobile Market. They offer these franchises individually under the terms of a standard franchise agreement.
Corporate Information
MMI-CPR, LLC is a Delaware limited liability company that was organized on April 5, 2013. Their principal place of business is 7100 East Pleasant Valley Road Suite 300 Independence, Ohio 44131. Effective October 4, 2013, CPR acquired substantially all of the assets of CPR-Cell Phone Repair Franchise Systems, Inc., a Florida corporation which was incorporated in the State of Florida on March 15, 2007. Its principal place of business was 313 Ridgeview Drive, Summerville, Georgia 30747. They offered franchises for Cell Phone Repair Businesses since 2008.
Investment
The total investment required to establish a Standard Market ranges from $65,650 to $173,500 . This includes $28,500 to $52,000which is payable to the franchisor or its affiliates. The total investment required to establish a Mobile Market ranges from $24,630 to $39,830. This includes $12,500 which is payable to the franchisor or its affiliates.