Device Pitstop vs Digital Doc Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Device Pitstop vs Digital Doc including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$100,700 - $218,250 | $128,200 - $195,500 |
Franchise Fee |
$25,000 | $44,900 |
Royalty Fee |
5% | 7% |
Advertising Fee |
$2K/yr | - |
Year Founded |
2013 | 2010 |
Year Franchised |
2013 | 2012 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/Yes | -/- |
Equipment |
-/Yes | -/- |
Inventory |
-/Yes | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
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
| Your new franchise team of retail sales, technicians & management will be equipped to deliver superior service & skilled repair that rivals your local competition right from the start with our unique hiring, training & certification program.
On-The-Job Training: 50 hours
Classroom Training: 90 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
| Purchasing Co-ops
Newsletter
Meetings/Conventions
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
Social media
SEO
Website development
Email marketing
|
Operations |
- | Absentee Ownership Allowed
Number of Employees Required to Run: 2 - 4 |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
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.
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 Digital Doc
With more than 4.9 billion internet-connected devices today and 25
billion expected by 2020, now is the perfect time to enter the digital
repair and sales industry.
Digital Doc recognized the potential of this
growing industry and launched our retail concept specializing in phone,
tablet and computer repair and sales. We offer fast, affordable repair
and trade-in services, as well as a wide range of accessories and
certified, used devices that our customers can count on to keep their
devices working and up-to-date. In business since 2013, many Digital Doc
locations are independently owned and operated. Our stores are
full-service, digital one-stop shops that deliver superior service and
skilled repair - a recipe for success and market dominance in an
expanding industry.
A solid investment in a growing industry
With low start-up costs, low overhead and high growth opportunity,
owning a
Digital Doc franchise is a great way to enter an industry that
will only continue to grow. Our recession-proof business model and
comprehensive opening program make it easy to start and maintain a
successful business. We provide comprehensive hiring, training and
certification programs to ensure your new franchise team of retail
sales, technicians and management will be equipped to deliver superior
service and skilled repair that rivals your local competition right from
the start.
Comprehensive and Ongoing Support
We’ll also ensure your
Digital Doc franchise has a major impact in your
local market by providing you a unique position and strong brand
promoted via proven marketing strategies and tactics that set us apart
from the competition and deliver exceptional results. Our corporate
marketing team will help get your business off the ground at launch and
continue to be available to provide ongoing consultation and messaging.
Digital Doc has the benefit of being a part of a strong parent company,
Highland Ventures Ltd. Highland Ventures Ltd is a privately-held family
business that has been in continuous operation since 1946 and owns six
successful brands. As a franchisee, this ensures you will have the
support of an experienced company with all of the resources you need to
make your store a success
If you’re looking for a solid business investment with a strong ROI, Digital Doc is for you.
- Low start-up costs ranging from $128,200 - $195,500, which includes your initial franchise fee
- Low initial franchise fee of $44,900
- Our top performing store in 2015 netted $97,599 in profit
- Average performing stores net $77,673 in profit
- Potential Annual Gross Sales: $487,860
- Secure a protected territory for growth
- Low Royalty Fee: 6%
- Low start-up costs and high earning potential are the perfect combination that you can find at Digital Doc.
With comprehensive training, easy setup and continuous support from a
strong parent company,
Digital Doc gives franchisees the tools needed to
easily and efficiently open their own store. With multiple openings
planned in the coming months,
Digital Doc is rapidly expanding and looks
forward to collaborating with potential small business owners and
future device technicians.
The above figures are set forth in Item 19 of our current Franchise
Disclosure Document. Currently,
Digital Doc franchises are only
available in certain states. We do not offer any franchises in
jurisdictions where we are not yet registered (or otherwise qualified)
to make offers or sales. The information contained on our website and in
our marketing materials is strictly for informational purposes and does
not constitute an offer to buy a franchise.
Veteran Incentives 10% off franchise fee
#64 on Franchise Rankings.com