Techy

Available Nationwide
Cash Required

$15,000

Min. Franchise Fee

$15,000

Total Number of Units

69

Franchising Since

2015

Corporate Headquarters

Fort Lauderdale,FL

CEO Name

William Daragan

Overview

Looking for a business venture with boundless market potential? Look no further than the Techy franchise! As a retail destination, we excel in all things consumer electronics. From device sales and repairs, to upselling accessories, buyback programs to trade-ins and upgrades, we offer a comprehensive solution for all customer needs. The electronic repair industry is incredibly diverse, appealing to individuals across various age groups who rely on electronics in their daily routines. Our services cater to every sector, be it Business-to-Business, Business-to-Consumer, or Business-to-Government. Join us and tap into the limitless opportunities of the tech market!

Franchise Unit Trends

Total Number of Units

69

New Units Opened

37

Average Unit Revenue

-

* in 2023

Franchise Fees

Min. Franchise Fee

$15,000

Royalty Fee

6.0% - 7.0%
Gross Revenues

Ad Fund Fee

2.0%
Gross Revenues

Why Choose Techy?

Choose Techy for a transformative business journey guided by three core principles tailored to foster your growth! Regardless of your experience level, there's a place for you on our team. We'll equip you with the necessary tools, support, and a can-do attitude to tackle your new venture head-on. Unlike traditional repair and smart home businesses, we don't expect you to know it all from the get-go. We value partnership and prioritize a culture of continuous learning. Once you're on board, we'll provide comprehensive training and assist you in assembling the right team to elevate your operations. Join us and embark on a path to success with Techy!

Starting Costs and Investment Requirements

Total Investment

$125,000 - $250,000

Net Worth Required

-

Cash Required

$15,000

Training and Support
Financing Available
Mobile
Multi Units

Training and Support

At TECHY, we understand the critical role that comprehensive training and ongoing support play in the success of our franchisees. That's why our franchise program includes an extensive training curriculum covering various aspects:

  • Two week onsite training at our Headquarters in Fort Lauderdale, FL
  • One week in store training and set up
  • Access to our Techy University online training platform
  • Customized POS (Point of Sale) System Training
  • Sales Techniques Training
  • Hands on Repair Training
  • Business-to-Business (B2B) Engagement Training
  • Marketing Strategy Training
We're committed to equipping you with the knowledge and skills you need to excel in every facet of your TECHY franchise business. With our training and support, you'll be well-prepared to deliver exceptional service and drive success in your local market.

History

Techy's journey is rooted in the visionary leadership of CEO Bill Daragan and COO Tim Phelps. Their venture began with a cell phone accessory store in 2006, which quickly adapted to meet the rising demand for phone repairs, leading to a rebranding as DrPhoneFix. However, in 2020, a pivotal moment arrived as they recognized the shifting dynamics of the market and the broader spectrum of electronic needs among their customers. This realization prompted a significant rebranding effort, culminating in the birth of Techy.

The new name encapsulated the company's expanded focus, representing a commitment to serving all electronic needs comprehensively. This strategic evolution underscores Techy's dedication to staying ahead of the curve and remaining a trusted ally for consumers navigating the digital landscape.

Ideal Candidate

The ideal candidate for a Techy franchise doesn't need any prior experience in the retail or repair industries. We're seeking individuals with a passion for our business and a desire to be part of a thriving company in a multi-billion dollar industry. Whether you're new to entrepreneurship or looking for a fresh opportunity, Techy welcomes you to join our growing family. With comprehensive training and ongoing support, we'll help you succeed in this exciting venture.

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