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Updated RecentlyPlay N Trade vs Phone-n-Fix Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Play N Trade vs Phone-n-Fix including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $216,600 - $329,000 | $109,788 - $179,147 |
| Franchise Fee | $30,000 | $35,000 |
| Royalty Fee | 5% | 7% |
| Advertising Fee | 2%local + 1%Nat'l | 2%local + Up to 2%Nat'l |
| Year Founded | 2001 | - |
| Year Franchised | 2003 | - |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 years |
| Renewal Fee | - | - |
Business Experience Requirements |
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| 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 |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | Yes/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/Yes | -/- |
| Payroll | No/Yes | -/- |
Training & Support |
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| Training | * Complete all the online training courses. * Read your daily emails that include tips and updates five days a week. * Attend the regular companywide conference calls which we typically hold twice per month. These calls are also recorded for your convenience. * Attend the training sessions at our Support Center in San Clemente CA. (approx nine days) * Work in a high volume store where you can learn from a successful veteran. | 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 | You will start by working with a franchise development professional who will guide you through the investigative and financing process. Once you are on board as a franchisee, you will begin working with our real estate department and guide you through the site selection process and negotiating your lease. You will be provided a checklist of items to get your store open. We will track your time to opening and will make sure that you are connected with the appropriate vendors at the right times to support you in your ordering, grand opening, Point of Sale training, and set up of your business accounts. We have support personnel at our office six days a week to answer your calls and emails. | 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 |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Play N Trade
Play N Trade is a complete solution that meets an important need in our society; ecology and economy. In a society where everything is changing at a breakneck speed, Play N Trade gives a second life to your electronic devices, video games and more. As an investment into Play n Trade we know that an important part of our brand and for today’s consumer the experience is more important than ever before. That is why we are continuously improving our store look, technology platforms, services and product mix.
If you are committed to developing a company that offers a unique shopping experience in the world of entertainment, you’ve found what you’re looking for!
Play N Trade is the most comprehensive solution on the market. It offers a diversified source of income such as rent, sale, trade in electronics and video games, a games room, inter-store transfers, online sales and repair for consoles and portable electronics. Our concept is evolving. The arrival of digital distribution is expected and fits perfectly with our concept of trade-in Entertainment.
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!