Hock Shop vs Phone-n-Fix Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hock Shop vs Phone-n-Fix including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

Hock Shop Franchise
Phone-n-Fix Franchise
Investment $165,000$109,788 - $179,147
Franchise Fee $25,000 - $50,000$35,000
Royalty Fee -7%
Advertising Fee -2%local + Up to 2%Nat'l
Year Founded 1983-
Year Franchised 1993-
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee --

Business Experience Requirements

Hock Shop Franchise
Phone-n-Fix Franchise
Experience -Prior retail or mobile technology industry experience is not a requirement to join our system. We are seeking franchise owners who will be able to properly staff and manage their stores, applying any relevant management experience, customer relations/service skills, leadership, and communication skills to help build an effective retail and service-oriented business.

Financing Options

Hock Shop Franchise
Phone-n-Fix Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

Hock Shop Franchise
Phone-n-Fix Franchise
Training -Pre-opening training will be preceded by a review of the operations manual, as well as online demonstrations and tutorials. Additionally, we will provide training for the franchise owner and a lead technician, with modules on topics such as repairs and service procedures and overall business operations.
Support -We will present you with a copy of our confidential operations manual to help you run your business properly on a day-to-day basis. A franchisor representative will assist you before and after your store opening to assist with merchandising, POS system and overall operation of the business. We will also provide remote support and ongoing guidance, and answer questions you may have.
Marketing --
Operations --

Expansion Plans

Hock Shop Franchise
Phone-n-Fix Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Hock Shop

Demand for quality used products escalates as Canadian consumers demand greater purchasing value and embrace recycling. This key marketing advantage is unaffected by the economy. Cash services through PayDay advance and cheque cashing add to the bottom line. We truly are the "garage sale with a guarantee" - the Evolution of Retail.

We are pleased to announce that customers who are in the local area can now shop and pay for their items online and select the option to pick up at your local store using curb side pickup.

You can now request an invoice be emailed to you. Simply call the store and let us know what you would like to pick up. An email link will take you to our secure website for payment. Payment can be made by credit or debit credit cards.

We can now invoice you for loan payments, retail sales & layaways. Items can be picked up curb side, or shipped to your door - please call the store once payment is made. We will be happy to load your items into your vehicle.

About Phone-n-Fix

The Phone-n-Fix concept was inspired by our team’s combined 40+ years of business ownership, development and franchising experience. We recognized the need for a cell phone repair and resale destination that broke the industry mold - featuring professional, organized store layouts, state of the art retail products and service technicians who are just as polished as they are knowledgeable. Our answer to that need manifested in the form of a small device repair business run out of a lime green house-turned-office space. That small operation evolved into a kiosk in a local mall and, eventually, blossomed into a fully-branded, multiple-market network of stores and kiosks.

Today, Phone-n-Fix offers its customers a premium cell phone repair experience, as well as access to certified pre-owned devices and new accessories at affordable prices. Our brand’s commitment to operational efficiency and great customer service has allowed us to extend our passion for wireless technology to multiple communities.

Our Company Philosophy.

Phone-n-Fix introduces a new brand of customer service to the wireless retail and repair space. Each of our retail locations boasts an ambiance that is defined by sleek sophistication and ultimate convenience. We answer a need for thorough, affordable cell phone repair services, as well as quality retail options for those looking to replace their device. Customers trust Phone-n-Fix for friendly, reliable service that puts their needs first. As soon as they set foot in our retail locations, they are met by an enthusiastic team member who is eager to help them navigate Phone-n-Fix’s signature retail and repair experience - whether it’s repairing a damaged device, selecting a certified pre-owned device or a burning desire to purchase a new accessory that brings them in.

Every aspect of the Phone-n-Fix experience is carefully curated for a premium look and feel. That experience is a direct reflection of our business model, which prioritizes service excellence and streamlined operations. Our customer-centric philosophy sets us apart as an investment opportunity of choice. We hope to bring our cell phone franchise to every community, with the help of motivated franchise owners. Invest in a cell phone retail and repair franchise opportunity that is wired for growth!