Details

Our firm is pleased to offer a cell phone and computer repair franchise for sale in Central Virginia. Revenues are split roughly 60% for sales and 40% repair work. Revenues and profits have actually increased during the pandemic.

The $4 billion U.S. cell phone repair industry has benefited from the widespread popularity of smartphones, which typically have fragile screens and hard-to-replace components. These characteristics have encouraged consumers to more frequently turn to professional repair shops to salvage devices that are still operable. The industry will be supported by the continued penetration of smartphones. The vast pool of damage-prone smartphones will remain high and support industry growth over the next five years. IBISWorld forecasts that industry profitability will remain at or near current levels in the next five years. A larger proportion of repairs will be for smartphones, which carry higher profit margins due to more expensive price tags.

Seller will provide support and training following the sale.

Owner wishes to pursue other interests.

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