iFixandRepair FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered is for the operation of an iFixandRepair (IFAR) retail store for the maintenance and repair of smartphones, tablets, computers, and a variety of other devices and the sale of related gear and accessories. Each store/franchise will be opened and operated in accordance with the franchisor’s single store franchise agreement. There are two types of outlets: a retail merchandising store and a stand-alone kiosk. The franchisor also offers the right to develop multiple franchises under the Multiple Franchise Purchase Addendum.
Corporate Information
IFIXANDREPAIR FRANCHISE LLC is a Florida limited liability company formed effective April 23, 2021. Their principal business address is 429 Seabreeze Blvd., Fort Lauderdale, FL 33316. They have offered unit and multi-unit franchises since 2021.
Investment
The total investment necessary to begin operation of a single unit iFixandRepair retail merchandising store franchise is from $78,200 to $147,450. This includes $36,000 to $53,500 that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation of a single unit iFixandRepair stand-alone kiosk franchise is from $68,200 to $124,950. This includes $26,000 to $31,000 that must be paid to the franchisor or its affiliate(s). If you purchase multiple franchises under the Multiple Franchise Purchase Addendum, then these initial investment totals will apply to each separate franchise you develop.
The total investment necessary to begin operation under an iFixandRepair Multiple Franchise Purchase Addendum for the right to develop multiple retail merchandising store franchises is $88,200 to $177,450. This includes $35,000 (for the right to develop two franchises) to $55,000 (for the right to develop four franchises) that must be paid to the franchisor or its affiliate(s).
The total investment necessary to begin operation under an iFixandRepair Multiple Franchise Purchase Addendum for the right to develop multiple stand-alone kiosk franchises is $78,200 to $154,950. This includes $35,000 (for the right to develop two franchises) to $55,000 (for the right to develop four franchises) that must be paid to the franchisor or its affiliate(s).
