TECHY
Techy, LLC franchises businesses specializing in the installation, maintenance, repair of cell phones, computers, tablets, smart home hardware, and other electronic devices, along with the sale of related accessories, supplies, and designated items under the Techy Repairs & Smart Home Installs Powered by DrPhoneFix brand. Franchise formats include inline stores, in-store Walmart locations, optional wrapped Techy vans, Techy Cafés, and area development agreements for multiple units. The business model relies on franchise fees, start-up packages via affiliates, and ongoing support, targeting consumers seeking convenient tech repairs, smart home installations, and accessories in competitive retail markets.
Franchise Costs
7% royalty (6% if weekly gross >=$7,500) + 2% marketing & technology fund (min $785/mo) + $150/mo software & accessory support fees
Financial Performance
Item 19 Financial Performance
This franchise did not provide Item 19 financial performance data.
Be careful if you are interested in investing. The lack of financial performance representations may indicate limited data or varying results across franchises.
Extracted Item 19 Section
How TECHY Compares
Key Insights
- One of the lowest investment costs in General Retail (ranked #1 of 14)
- Top 10 largest franchise system in General Retail
- One of the lowest SBA loan default rates in General Retail
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
TECHY Current | $119K – $400K | $15K | 7.0% | 62 |
| ACE HARDWARE | $604K – $2.0M | $5K | N/A | 4,885 |
| DO IT BEST CORP. | $853K – $1.6M | $9K | N/A | 3,555 |
| WINDOW WORLD, WORLD OF WINDOWS | $123K – $331K | $45K | N/A | 209 |
| FLEET FEET, FLEET FEET TRIATHLETE | $229K – $545K | $45K | 4.0% | 192 |
| PRETZELMAKER | $392K – $573K | $25K | 7.0% | 129 |
General Retail Average 14 franchises | $522K – $1.0M | $108K | 5.7% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 14 General Retail franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for TECHY franchisees (2021 – 2023)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
8 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
8 Contacts Available
Unlock all TECHY franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Primarily breach of franchise agreement and sublease disputes, fraudulent inducement and misrepresentation claims by franchisees, breach of contract actions by franchisor, and trademark infringement by former franchisees.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a TECHY franchise ranges from $118,600 to $399,500. This includes a franchise fee of $15,000. Ongoing royalty fees are 7.0% of gross sales.
Unlock Full FDD Access
Download TECHY's complete FDD plus 1,700+ other franchise documents — all with one plan.
Secure checkout with Stripe · Cancel anytime
Also includes FDDs for
More Services Franchises
THE UPS STORE (TRADITIONAL)
Services
AMERIPRISE FINANCIAL SERVICES LLC
Services
JACKSON HEWITT TAX SERVICE
Services
SERVPRO (UNIT)
Services
H&R BLOCK
Services
SERVICEMASTER RESTORE
Services