Question 1

How much does it cost to open a iFixandRepair franchise?

Accepted Answer

The total initial investment for a iFixandRepair franchise ranges from $68K to $147K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the iFixandRepair franchise fee?

Accepted Answer

The initial franchise fee for iFixandRepair is $25K.

Question 3

What are the net worth requirements for a iFixandRepair franchise?

Accepted Answer

Net worth requirements for iFixandRepair are specified in the Franchise Disclosure Document.

Question 4

Does iFixandRepair require a personal guarantee?

Accepted Answer

Yes, iFixandRepair requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a iFixandRepair franchise?

Accepted Answer

Equipment costs for a iFixandRepair franchise range from $10K to $23K. Initial inventory costs range from $7K to $17K.