iCare Repair vs Buddy's Home Furnishings Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of iCare Repair vs Buddy's Home Furnishings including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
iCare Repair Franchise
Buddy's Home Furnishings Franchise
Investment $55,893 - $120,993 $385,166 - $912,594
Franchise Fee $20,000 $25,000
Royalty Fee 7.25% 6%
Advertising Fee - $500/mo.
Year Founded 2012 1965
Year Franchised 2012 2007
Term Of Agreement - -
Term Of Agreement - -
Renewal Fee - -


Business Experience Requirements

 
iCare Repair Franchise
Buddy's Home Furnishings Franchise
Experience - -

Financing Options

 
iCare Repair Franchise
Buddy's Home Furnishings Franchise
  In-House/3rd Party In-House/3rd Party
Franchise Fees -/- -/-
Start-up Costs -/- -/Yes
Equipment -/- -/Yes
Inventory -/- -/Yes
Receivables -/- -/-
Payroll -/- -/-

Training & Support

 
iCare Repair Franchise
Buddy's Home Furnishings Franchise
Training

We'll provide substantial training on repairs and customer service, site selection, supply of low-priced OEM parts and repair tools, Internet presence and marketing, as well as unique point-of-sale (POS) and operational technologies.

On-The-Job Training: 60+ hours Classroom Training: Up to 42 hours
Support - Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing - Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations - -

Expansion Plans

 
iCare Repair Franchise
Buddy's Home Furnishings Franchise
US Expansion Yes Yes
Canada Expansion - Yes
International Expansion - -

Start-Up Costs and Fees Mobile

Investment
iCare Repair Franchise
$55,893 - $120,993
Buddy's Home Furnishings Franchise
$385,166 - $912,594
Franchise Fee
iCare Repair Franchise
$20,000
Buddy's Home Furnishings Franchise
$25,000
Royalty Fee
iCare Repair Franchise
7.25%
Buddy's Home Furnishings Franchise
6%
Advertising Fee
iCare Repair Franchise
-
Buddy's Home Furnishings Franchise
$500/mo.
Year Founded
iCare Repair Franchise
2012
Buddy's Home Furnishings Franchise
1965
Year Franchised
iCare Repair Franchise
2012
Buddy's Home Furnishings Franchise
2007
Term Of Agreement
iCare Repair Franchise
-
Buddy's Home Furnishings Franchise
-
Renewal Fee
iCare Repair Franchise
-
Buddy's Home Furnishings Franchise
-


Business Experience Requirements

Experience
iCare Repair Franchise
-
Buddy's Home Furnishings Franchise
-

Financing Options

  In-House/3rd Party
Franchise Fees
iCare Repair Franchise
-/-
Buddy's Home Furnishings Franchise
-/-
Start-up Costs
iCare Repair Franchise
-/-
Buddy's Home Furnishings Franchise
-/Yes
Equipment
iCare Repair Franchise
-/-
Buddy's Home Furnishings Franchise
-/Yes
Inventory
iCare Repair Franchise
-/-
Buddy's Home Furnishings Franchise
-/Yes
Receivables
iCare Repair Franchise
-/-
Buddy's Home Furnishings Franchise
-/-
Payroll
iCare Repair Franchise
-/-
Buddy's Home Furnishings Franchise
-/-

Training & Support

Training
iCare Repair Franchise

We'll provide substantial training on repairs and customer service, site selection, supply of low-priced OEM parts and repair tools, Internet presence and marketing, as well as unique point-of-sale (POS) and operational technologies.

Buddy's Home Furnishings Franchise
On-The-Job Training: 60+ hours Classroom Training: Up to 42 hours
Support
iCare Repair Franchise
-
Buddy's Home Furnishings Franchise
Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
Marketing
iCare Repair Franchise
-
Buddy's Home Furnishings Franchise
Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations
iCare Repair Franchise
-
Buddy's Home Furnishings Franchise
-

Expansion Plans

US Expansion
iCare Repair Franchise
Yes
Buddy's Home Furnishings Franchise
Yes
Canada Expansion
iCare Repair Franchise
-
Buddy's Home Furnishings Franchise
Yes
International Expansion
iCare Repair Franchise
-
Buddy's Home Furnishings Franchise
-

Company Overviews

About iCare Repair

Join a fast-growing business opportunity with iCare Repair

We place substantial value on our brand. Our outstanding commitment to our customers and partners proves to be the best in the mobile phone repair industry.
With our extensive business model, you can take advantage of the increasing number of users of mobile devices and excellent profit potential on these areas:

Increasing Demand

Around 33 percent of smartphone users lose/damage their phones, according to Plaxo, while a British study found that an iPhone gets broken roughly 10 weeks from purchase.
As smartphones and tablets have many breakable parts such as a fragile LCD (liquid crystal display) screens and inaccessible batteries, users are going to need repair services for their broken gadgets.

iCare Repair is proud to be a trusted brand that has garnered multiple positive reviews from our satisfied customers.
We thrive in the competitiveness and affordability of our products and services, besides the outstanding customer service that we offer at all our locations.

With our effective business model, iCare Repair provides a great opportunity for franchisees who want to gain financial independence and the ability to make their own business decisions.

Veterans get 25% discount off franchise fee.

About Buddy's Home Furnishings


Buddy’s Home Furnishings is the third largest Rent-To-Own (“RTO”) furniture, appliance, electronic and computer provider in the United States. Buddy’s was founded in 1961 in Tampa, Florida and for the first 30 years of existence the Company operated 21 stores in the Greater Tampa Area. Over the past five years, Buddy’s has aggressively expanded its footprint by adding new company-owned and franchised stores outside of its home area. As of July 1, 2015, 103 franchise, 54 company, and 45 partnership stores located in the South, Southeastern and Southwestern regions of the U.S. The Company plans to continue this rapid growth over the next several years by opening new company-owned stores, acquiring independently operated RTO stores and franchising stores.
Veteran Incentives  20% off franchise fee