A projected 40 million people will break their phones in the next year due to a multitude of reasons. According to IBISWorld, cell phone repair is a $4 billion sector and the mobile phone and tablet repair industry has steadily increased in the past 10 years. Answering the high demand is iDropped, a mobile device repair franchise that is looking to further expand its national footprint.
iDropped provides fast, on-site mobile device repair for the most popular brands of mobile devices with a specialization in Apple and the Samsung Galaxy series.
“Only 30 percent of smartphone users are covered by their insurance plans, which means there’s a highly successful opportunity for entrepreneurs and tech enthusiasts to service the 70 percent who might break their phones,” said Chad Altier, iDropped’s co-founder and CEO. “The cost of replacement phones are increasing, and due to the overwhelming and tedious nature of transferring data and re-installing apps, more and more people would rather get their phone fixed than getting a replacement or upgrade.”
Unlike many wireless retailers that require customers to go days without their phones while being repaired, iDropped strives to mend phones in an hour and other electronic devices within 24 hours. Each device goes through a rigorous pre-repair and post-repair checkpoint to ensure complete functionality before it is returned to the customer. iDropped uses the highest quality parts and supplies and supports each repair with a one-year warranty.
“Our goal is not just to fix phones but to build a lasting relationship with our customers. We are committed to creating a truly “lifesaving” experience and to alleviate the stress and panic that most people feel when their smartphones break,” added Altier.
To augment the company’s growth, iDropped is seeking highly motivated individuals who have a passion for serving their local community. With a franchise fee of $30,000, the initial investment to own and operate an iDropped store ranges from $58,000 to $120,000, which includes grand opening advertising. A military discount is offered to qualified applicants.
Franchise partners have access to premium part suppliers, distributors and other vendors to ensure customers receive uniform, quality repairs at every location. iDropped also provides extensive training for all its franchisees and their employees. There are three levels of certification for technicians in order to become more knowledgeable about device repair, marketing and business management.
