More Details
The iT Store is a repair company that also offers pre-owned smart devices as well as trade-in possibilities to its customers. The brand wants to expand and is now looking for determined business people to open outlets in new territories. You can learn all about these exciting franchise opportunities right here.
Here’s a Break down of the Company’s Services
If a person finds that their device or tablet is not functioning correctly, they can come to The iT Store. The company’s technicians will provide a free diagnosis and can then perform the necessary repairs. The kinds of issues that the team can fix include those caused by liquid damage and broken screens.
These services are completed in the brand’s anti-static, air-purified workshops and are performed using specially designed tools. Customers can normally expect their precious possessions to be returned to them within 24 to 48 hours. They are then given the added assurance of a 90-day warranty.
The iT Store doesn’t just offer professional repairs, however. The brand is also able to provide one-on-one device training for those unfamiliar with what they can be used for. Plus, clients can also bring in their old or broken technology and either trade or sell them in an outlet, while pre-owned devices are also available for purchase.
Find Out Why Partnering With The iT Store Will Be So Beneficial
The majority of customers simply don’t want to hire technicians employed by unknown brands to perform complex repair work. Their smart devices are both costly and precious – they only want the best. As a result, it’s only by investing in mobile phone franchises such as this that ambitious entrepreneurs are able to smoothly enter the market and capitalise on the business opportunities in front of them.
If you decided to run your own The iT Store franchise, you’d operate within a geographically-defined territory including over 200,000 potential clients. This high footfall area would be exclusive to you with no other franchisees being able to offer their services within. Your agreement with the company would last for five years, but you’d be able to renew this if you so chose. During the period you’re partnered with The iT Store, you’d manage a single outlet and provide expert repairs as well as trade-in and training options to your customers. You’d also be expected to follow the brand’s tried and tested business model at all times.
Learn if You’re the Right Fit
These kinds of cell phone franchise opportunities are perfect for individuals with business management backgrounds who’ve got a strong interest in technology. Sound like you? Apply today.
Get a Strong Return on Your Investment
To cover The iT Store franchise costs, you’ll need to make an initial payment of between £50,000 and £70,000. This will take care of the £15,000 franchise fee as well as the price of the shopfitting. But keep in mind that these figures will vary and this total doesn’t include value-added tax or the working capital you’ll require.
Choose to proceed with this franchise opportunity and you’ll get intensive training in addition to full marketing and operational support. By the end of your second year as a franchisee, you should have made a pre-tax operating profit of approximately £142,000.
Your ongoing expenses will include both management and marketing fees. These will combine to take 12% of your annual net turnover.
Financing
Starting your own phone shop franchise requires a certain amount of capital. But this doesn’t all need to come out of your pocket. You can ask a reputable money lender to fulfil a substantial portion of the initial investment requirements.
How You’ll Be Trained & Supported
The iT Store will provide you with 14 days of training during a programme that encompasses sales, marketing, repairs and more. Then, once your mobile phone franchise is up and running, you’ll benefit from the brand’s bespoke management software system. It will make completing vital business processes on a day-to-day basis that much easier for you. What’s more, you’ll be regularly sent further pre-owned equipment and accessories to sell.
What’s Next?
If you’re contemplating pursuing this franchise opportunity, send an enquiry and request further information. It’s easily done – fill out this form and submit it. It will take just seconds.
