Device Pitstop vs Experimax Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Device Pitstop vs Experimax including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Device Pitstop Franchise
Experimax Franchise
Investment $100,700 - $218,250$142,010 - $351,140
Franchise Fee $25,000$49,500
Royalty Fee 5%6%
Advertising Fee $2K/yr1%
Year Founded 20132009
Year Franchised 20132014
Term Of Agreement -20 years
Term Of Agreement -20 years
Renewal Fee -$1K


Business Experience Requirements
 
Device Pitstop Franchise
Experimax Franchise
Experience --

Financing Options
 
Device Pitstop Franchise
Experimax Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/Yes-/Yes
Equipment -/Yes-/Yes
Inventory -/Yes-/Yes
Receivables -/--/Yes
Payroll -/--/Yes

Training & Support
 
Device Pitstop Franchise
Experimax Franchise
Training

Product knowledge workshops and using the technology systems and tools in our stores. The entire infrastructure of the store is preconfigured and setup for you, but it's imperative you learn the basics behind the systems. We understand that you are not a technician, but as a business owner, you need to be able to know the product, speak the language, and understand the processes that your technicians will go through. This part of the training is actually the section our franchisees really enjoy. On-The-Job Training: 20 hours Classroom Training: 63 hours

We ensure that you are knowledgeable and ready to serve your community, as an expert in the industry. You'll take part in one of the most extensive training programs in the franchise industry, which includes 2 weeks of training at our global headquarters in West Palm Beach, Florida. After that, you'll get personal one-on-one training right in your store to ensure you have the technical, business and marketing expertise you need. Ongoing training opportunities are also provided through regional meetings, our World Expo events and our proprietary online education portal. On-The-Job Training: 11 hours Classroom Training: 69 hours

Support

Ongoing support services include: Grand Opening assistance. Ongoing communication between corporate and franchisees. Planned yearly convention. Continuous networking between franchisees. Personal review of monthly sales figures to ensure proper growth. Continuous research and development. Newsletter Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform

* Intranet for easy access to downloads & information * Established vendor relationships * Benefits of mass purchasing power * Ongoing visits from regional marketing staff * Regional meetings * World Expo * Experimac franchisee group calls * Toll-free technical assistance hotline * Research & Development for technological advancements * Online educational portal for store staff training Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform

Marketing

When you begin your training, you will further explore your store location, merchandising, signage, advertising, and budgeting needs. You will also work with a media buyer on your opening campaign, as well as working with Device Pitstop on a grassroots, local marketing campaign. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app

Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing
Operations -Number of Employees Required to Run: 3 - 4

Expansion Plans
 
Device Pitstop Franchise
Experimax Franchise
US Expansion YesYes
Canada Expansion -No
International Expansion -Yes

Company Overviews

About Device Pitstop

Device Pitstop is a unique store that buys, sells, trades, repairs, and upgrades computers and mobile electronic devices. Our "gently-used,” refurbished, or repaired devices are sold at low prices -" for top quality gear!
Originally founded in Las Vegas in 2003, we currently have ten locations open nationwide, with many others in development. With more new stores opening in the future, it will be easier for you to meet all your computer needs in just one stop.
Device Pitstop is also a place where you can sell your "gently-used” computers and parts. Device Pitstop will pay you CASH On-the-Spot. There’s no more waiting around or making return trips. Device Pitstop makes selling your old devices easy and either puts the money in your hand before you leave the store, or offers you something to put toward a newer machine.
We not only offer you a solution to all your computer needs, we offer constantly changing inventory and quality at a much more reasonable price. At Device Pitstop we believe that reusing computers and various parts is the smartest way to recycle.
Further minimizing the impact on the environment, previously owned computers are either brought back to life or parts are utilized to repair other computers. For computers or parts that have outlasted their useful life, we find a caring home at a local recycling company.
Find a store here: http://www.devicepitstop.com/store-locator/
Device Pitstop... we can manage the damage.

Join the Device Pitstop team and profit from technology growth by providing computing solutions and superior customer service. Become part of a proven business model that offers a diverse range of services and products. Provide customers with outstanding, cutting-edge products and high-end service. Utilize multiple revenue streams in retail and service. Enter the laptop business without being tech experts. Help customers reach all their computing needs while you strengthen your financial future.
Veteran Incentives  $2,500 rebate on franchise fee

About Experimax

Experimax is the trailblazer in innovation deals and administration, spend significant time in exceptionally desired Apple items with different income streams and a reputation for monetary achievement.

The first retail store saw relentless development, with considerably more expected with the expansion of PDA repair administrations.

Anybody can be an Experimax client, who profits by individual meeting they can't discover in a shopping center or a major box contender. Experimax likewise offers numerous more wage open doors than single administration telephone repair places, including offers of pre-claimed Apple PCs and gadgets, repair of portable PCs, telephones and tablets, exchange ins of existing gadgets, and offers of adornments, redesigns and programming.

You will profit by:

*Selling pre-possessed Apple PCs and portable PCs
*Repairing PCs, portable workstations, tablets and mobile phones
*Taking exchange ins of already possessed Apple items
*Selling new PC, portable workstation, tablet and mobile phone embellishments
*Incremental online offers of utilized hardware

Overhauling memory and programming on PCs Service, repair and redesign choices include:

*Cracked Screens
*Broken LCDs
*Buttons and Power Jacks
*Memory Upgrades
*Hard Drive Replacement
*Battery Replacement
*DVD Repair
*Operating System Installation

As an Experimac franchisee, you'll appreciate world class benefits that are demonstrated over and over with our other establishment models, while profiting from a developing innovative industry. The blend of our involvement with an energizing new part makes this a genuinely remarkable open door.

Veteran Incentives  10% off franchise fee

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