LaptopXchange vs Digital Doc Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of LaptopXchange vs Digital Doc including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$156,000 - $215,000 | $128,200 - $195,500 |
Franchise Fee |
$15,000 - $20,000 | $44,900 |
Royalty Fee |
5% | 7% |
Advertising Fee |
- | - |
Year Founded |
2003 | 2010 |
Year Franchised |
2008 | 2012 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Prior business management experience is required. Good operational skills and management of details are necessary for success.
Technological background is not necessary. | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
All franchisees undergo an extensive two-week training program in a corporate store. We will walk you through the details you need to know in order to become a successful entrepreneur. | 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 |
- | Purchasing Co-ops
Newsletter
Meetings/Conventions
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
- | 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 |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About LaptopXchange
LaptopXchange changed it's name to Device Pitstop
http://www.thefranchisemall.com/franchises/details/14686-0-device_pitstop.htm
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