Franchise Facts

Experimac is the operation of a retail business buying, selling and refurbishing used cell phones, tablets, and other electronic equipment.

How much does an Experimac franchise cost?

Experimac has a franchise fee of up to $49,500, with a total initial investment range of $142,010 to $321,140.

  • Initial Franchise Fee: $49,500
  • Total Investment: $142,010 to $321,140
  • Working Capital: $50,000 to $75,000
  • Royalty Fee: 6%

The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.

How much does an Experimac franchise make?

As with any business, profits from an Experimac franchise depend on a variety of factors. Typically, profits are proportionate to the size of investment. Demand for your products, labor costs, commercial lease rates and a number of other variables also play a huge role in your bottom line. For system-specific data, unlock this franchise.

How many franchise locations do they have?

As of the 2018 Franchise Disclosure Document, there are 101 franchised Experimac locations in the USA.

Are there any Experimac franchise opportunities near me?

Based on 2018 FDD data, Experimac has franchise locations in 33 states. The largest region is the South with 47 franchise locations.

AL
AZ
CA
CO
CT
FL
GA
IA
IL
IN
KS
LA
MA
MD
MI
MN
NC
ND
NH
NJ
NV
NY
OH
OK
OR
PA
SC
TN
TX
UT
VA
WA
WI


This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.

Last Reviewed: 2018

Experimac is graded based on our most recent research.

Experimac Franchise Stats

Total Investment

$142,010 - $321,140
Franchise Fee

$49,500
Franchise Agreement
Initial Term
35 Years
Renewal Term
35 Years
Franchisee Outlet Growth
2012
0
2017
94
Ongoing Fees
Royalty
6.0%
Ad Fees
1.0%
# of Franchised Outlets

0

Additional Questions

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 80 hours. This includes 69 hours of classroom training and 11 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.

Online 0
On-the-Job 11
Classroom 69
Total 80

Do they offer Territory Rights?

Experimac does NOT offer exclusive territories.

Do they provide Veteran or First Responder Discounts?

Yes, unlock to find out the amount of the discount.

When did they begin franchising?

They began franchising in 2014. The average Technology franchise began franchising in 2010.

Do they offer financing support?

No, but you can click here to fill out our affordability calculator and understand your financing options.
View our full report by unlocking this franchise.
It's 100% free!

Unlock more info — FREE
Our Franchise Analysts have prepared detailed notes about Experimac, covering topics such as system growth, closures and turnover, financial transparency, initial and renewal terms, and royalties. Access is free, instant, and unlimited!

Unlocking gives you access to this and the questions below. Signing up lets you see all franchises, you get access to our entire research team and industry experts and free advice.
  • What are the historical franchisee revenues?
  • Do they have any lawsuits?
  • Do they have computer and technology support in place?
  • Do they provide Minority Discounts?
  • Do they use public figures to promote their franchise?
  • Do they disclose any bankruptcies?
  • Are they affiliated with any other franchise brands?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised outlets have closed in the last 5 years?
  • How many franchised outlets have terminated in the last 5 years?
  • Do they operate any company or affiliate outlets?
  • How long is their initial term length?
  • How do they solve franchisee disputes?
  • Are you required to work in the outlet or is this a passive investment opportunity?
  • Do they provide discounts for buying more than one franchise?