About Exemption Renewal-Asurion Tech Repair Franchise
Asurion Tech Repair is a technology repair services franchise operated by UBIF Franchising Co, a subsidiary of Asurion, LLC, one of the largest technology protection companies in the world.
With franchise fees ranging from $4,000 to $40,000, the brand provides entrepreneurs with the opportunity to open and operate tech repair locations serving consumers and businesses.
The franchise model centers on repairing smartphones, tablets, computers, and other electronic devices, meeting the constant demand for fast, reliable tech repair services.
Exemption Renewal-Asurion Tech Repair Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $4,000 to $40,000 | One-time payment upon signing |
| Royalty Fee | 7.0% of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | When we establish an Advertising Fund, you will be required to pay an Advertisin | National brand fund |
| Total Investment Range | $118,350 – $369,555 | Includes build-out, inventory, working capital |
The investment range of $118K–$370K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (7.0%) and marketing fee (When we establish an Advertising Fund, you will be required to pay an Advertisin) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Training Fee2 | $0 | $12,500 |
| Initial Inventory of Parts and Accessories3 | $4,000 | $57,000 |
| Initial Equipment, Tools, Supplies, and POS Hardware4 | $9,650 | $22,000 |
| Furniture and Fixtures | $10,000 | $25,405 |
| Interior Signage | $1,000 | $4,000 |
| External Signage5 | $5,000 | $20,000 |
| Wages, Travel and Living Expenses During Training6 | $15,000 | $23,000 |
| Wages, Travel and Living Expenses During Site Review7 | $0 | $1,000 |
| Legal and Accounting8 | $1,500 | $11,000 |
| Business Licenses and Permits | $700 | $1,500 |
| First 3 Months Marketing | $0 | $8,000 |
| Insurance | $3,000 | $7,000 |
| Store Rent – 3 Months | $0 | $20,000 |
| Mobile Unit Lease Payments-3 Months9 | $0 | $3,150 |
| Store Security Deposits | $0 | $15,000 |
| Construction and Leasehold Improvements10 | $25,000 | $62,000 |
| Additional Funds - 3 Months11 | $18,500 | $37,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | Currently $4,000 (10% of $40,000) 10% of our then- current Initial Franchise Fee |
| Renewal Fee | 10% of our then- current Initial Franchise Fee |
| Technology Fee | 1% of Gross Sales |
| Audit Fee | You must pay our audit costs if the audit shows an under-reporting or under- rec |
| Dispatch Fee | $0.50 |
| National Account Administrative Fee | Up to 5% of Gross Sales from services to National Accounts |
| Internet Referral Source Fee | None currently; Up to 5% of Gross Sales from services to customers from Internet |
| Referral Commission | Set by Franchisor, but will not exceed 10% of Total Ticket Price received from R |
| Additional Training & Assistance | $125 |
| Annual Meeting Expenses | $199 |
| Late Fee | Interest of 18% per annum, or the highest interest rate allowable by law, on any |
| Charges for unpaid checks, drafts or electronic payments | $50 |
| Supplier Review Costs | $100 |
| Insurance | $7,000 |
| Email account fee | $100 |
| Site Review Fees | $1,000 |
| Extension Program | $1,000 |
| Initial Training Fee2 | $0 |
| Initial Inventory of Parts and Accessories3 | $4,000 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | 2 renewal terms, each with a 10-year term. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Exemption Renewal-Asurion Tech Repair Franchise Earnings — Item 19
Exemption Renewal-Asurion Tech Repair does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Exemption Renewal-Asurion Tech Repair Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Exemption Renewal-Asurion Tech Repair System Growth
Exemption Renewal-Asurion Tech Repair currently operates 478 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2019 | 478 | ||
| 2019 | 23 | ||
| 2019 | 501 | ||
| 2020 | 434 | ||
| 2020 | 120 | ||
| 2020 | 554 | ||
| 2021 | 337 | ||
| 2021 | 361 | ||
| 2021 | 698 |
Exemption Renewal-Asurion Tech Repair Franchise — FAQ
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