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Below is an in-depth analysis and side-by-side comparison of Tech Hero vs Experimax including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $32,300 - $69,400 | $142,010 - $351,140 |
Franchise Fee | $20,000 | $49,500 |
Royalty Fee | - | 6% |
Advertising Fee | - | 1% |
Year Founded | - | 2009 |
Year Franchised | - | 2014 |
Term Of Agreement | - | 20 years |
Term Of Agreement | - | 20 years |
Renewal Fee | - | $1K |
Business Experience Requirements |
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Experience | The running of a Tech Hero business involves many more factors than simply servicing computers. Accounting, payroll, tax filings, hiring and advertising are some of the added responsibilities. Learning the service end of this business is often easier than learning the administrative end. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/Yes |
Payroll | -/- | -/Yes |
Training & Support |
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Training | Though tuition is included in the Franchise Fee, travel and living expenses will be charged to the Franchisee. The 5-day Microsoft Certified Systems Administrator course is offered in 230 locations. Travel and living expenses will also be charged to the Franchisee for the 4-day hands-on management training which is conducted in Orlando, Florida. | 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 | - | * 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 | - | 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 |
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US Expansion | - | Yes |
Canada Expansion | - | No |
International Expansion | - | Yes |
� Specialized IT Enterprise Software � Strong e-Business Infrastructure � Integrated Marketing � Automated Part Procurement � Automated Client Billing Marketing Materials Access to a wide range of advertising materials Automated Direct Mail Advertising made effortless with the Tech Hero reminder system Parts Management The best parts at the best prices National Recognition Tech Hero is rapidly becoming a nationally recognized brand Enterprise IT Software State of the art management software Solid Business Support Tap into our strong network of experienced professionals
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.