Techy

Techy

Information based on 2023 FDD

Retail · Tech + Tech Accessories

Investment min
$174K
Total: $174K–$400K
Avg gross revenue
N/A
Unit-level, 2023
Franchise fee
$15K
Per current disclosure
Royalty
6% - 7%
Locations
46
Franchising since 2016

Description

What is Techy?

Techy is a rapidly growing retail franchise that has revolutionized the electronics repair and accessories industry since 2012. With a reputation for exceptional customer service and technical expertise, Techy has become a trusted destination for consumers seeking reliable device repairs and premium tech accessories.

The franchise specializes in providing comprehensive repair services for smartphones, tablets, laptops, gaming consoles, and other electronic devices. Their certified technicians are known for their quick turnaround times, professional workmanship, and ability to handle complex repairs ranging from screen replacements to motherboard repairs. Each location offers lifetime warranties on many repairs, demonstrating their commitment to quality and customer satisfaction.

Beyond repairs, Techy stores feature an extensive selection of high-quality accessories, including phone cases, screen protectors, charging solutions, and other tech essentials. Their retail environment is modern and welcoming, creating an experience that combines technical expertise with accessible customer service.

What sets Techy apart is their focus on building long-term relationships with customers through transparency, fair pricing, and educational support. Their technicians take the time to explain issues and solutions clearly, helping customers make informed decisions about their technology needs. This customer-centric approach has resulted in strong community presence and excellent customer retention across their locations.

For entrepreneurs interested in the technology sector, Techy offers a proven business model with comprehensive training, ongoing support, and established vendor relationships. The brand continues to adapt to emerging technologies and market trends, positioning franchise owners for sustainable growth in the ever-evolving tech industry.
  • Walmart partnership provides built-in traffic
  • Lifetime warranty on iPhone repairs
  • Same-day repair service capability
  • 12+ years proven business model
  • Multi-service tech repair one-stop-shop
  • All brands and devices serviced

Location Analysis

Where Techy wins

Techy demonstrates strong market presence across multiple states, with notable concentration in the Southeast and strategic positioning in major markets. The franchise shows significant density in Florida, followed by established presence across Georgia, Texas, Massachusetts, and Virginia. This geographic footprint suggests successful market penetration in both high-population coastal regions and diverse metropolitan areas.

The franchise's exceptional 4.81 average rating across numerous customer reviews indicates strong operational performance and customer satisfaction, particularly in established markets. This consistent high rating suggests effective standardization of services and customer experience across regions.

Market opportunities exist in underserved regions, particularly in the Midwest and Western states, where tech-savvy demographics and growing urban centers could support expansion. The strong presence in Florida provides a proven operational model that could be replicated in similar markets with high population density and strong retail presence.

Ideal locations for new franchises should target areas with high foot traffic, proximity to commercial centers or shopping districts, and demographics skewing toward tech-oriented consumers. Success factors include locations near universities, business districts, and affluent suburban areas with strong disposable income and technology adoption rates.
Total US locations
56
Franchise units
46
Corporate locations
10
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Techy

Avg gross revenueN/A
Investment range$173,600 – $399,500
Investment midpoint$286,550
Brand fund2%
Royalty6% - 7%
Franchise fee$15,000
Min. net worth
Min. liquid capital
Techy requires an investment range of $173,600 to $399,500, positioning it above the tech accessories sub-sector averages of $142,523-$324,389. This mid-tier investment level reflects the specialized nature of device repair services and likely includes equipment, inventory, training, and initial working capital requirements.

The mobile device repair industry benefits from strong recurring demand driven by ubiquitous smartphone usage and planned obsolescence cycles. With consumers increasingly reliant on devices for work and personal use, repair services represent a defensive business model with consistent traffic patterns. The sector's growth is supported by rising device costs, making repairs more economical than replacements.

Established in 2012 with 56 units, Techy demonstrates moderate system maturity and measured expansion. This 12-year operational history suggests proven business model validation, though the relatively modest unit count may indicate selective growth or competitive market challenges. The franchise's Walmart partnership strategy provides built-in foot traffic and brand credibility.

Key investment considerations include the technical skill requirements for device repair, inventory management complexity, and rapid technology evolution demanding continuous training. The business model's same-day repair focus with lifetime warranties creates competitive differentiation but requires operational excellence.

Ideal investors should possess strong operational management experience and sufficient liquid capital for the upper investment range. Technical background, while beneficial, may be less critical than business acumen given franchisor training programs. Markets with high smartphone penetration and limited repair competition offer optimal conditions for success.
Did you know? Did you know that launching your own Techy franchise - bringing cutting-edge technology solutions and repair services to your community - requires a total investment between $173,600 and $399,500, which covers everything from the $15,000 franchise fee to equipment, inventory, and working capital needed to open your doors and start serving tech-savvy customers?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$174K–$400K
Most common
$173,600
Minimum
$286,550
Midpoint
$399,500
Maximum

Per FDD Item 7, total initial investment ranges from $173,600 to $399,500. The midpoint $286,550 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$300K$240K$180K$120K$60KN/A
$243K
2021
2022
2023
Avg
$81K
YOY change (2022 -> 2023)
-100%

According to Item 19 of the Franchise Disclosure Document, Techy has average gross revenue data in our records. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+24% YoY
80644832160
2019
2020
2021
2022
2023
56 units open as of 2023 FDD+11 in last 12 mo

2023 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Techy's 2023 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2023 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Techy franchise typically ranges between $173,600.00 and $399,500.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2023. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Techy
Techy
N/A avg revenue · 46+ US franchises

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