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RadioShack was opened in 1921 by the Deutchmann family, offering ham radio operators and electronics buffs a retail and mail order source for their electronics needs. By the 1960s, the company had nine stores and was shipping electronics to people all over the world, but was falling on hard times.
Charles Tandy purchased the company in 1963 and turned its $4 million debt into a $20 million profit. Today the company operates stores nationwide, selling everything from batteries to satellite dishes to electronics buffs and general consumers.
Below is a quick comparison of RadioShack against other Electronics franchises and business opportunities. For an in depth comparison of RadioShack with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
Batteries Plus Bulbs | $37,500 | 5% | 1% | $201,450-$385,230 |
Buddy's Home Furnishings | $25,000 | 6% | $500/mo. | $385,166-$912,594 |
Cell Phone Repair | $25,000 | 6.5% | 2% | $79,850-$205,500 |
Cellairis | $7,500-$30,000 | 3% - 4% | $36,810-$373,575 | |
ColorTyme | $25,000 | 4% | $250/ mo | $229,575-$357,500 |
Egismoz | $35,000 | 4% | $1,750,000 | |
iCare Repair | $20,000 | 7.25% | $55,893-$120,993 | |
Interstate All Battery Center | $37,500 | 5% | N/A | $172,600-$411,000 |
Rent - A - Center | $35,000 | 5.5% | 3% | $355,268-$560,225 |
Triangle Corporation | $25,000 | 5% | 5% | $100,000 |
uBreakiFix | $0-$40,000 | 7% | $98,350-$303,000 |