Asurion Tech Repair & SolutionsFranchise Cost, Revenue & Review 2026
Data from FDD filing
FranchiseVerdict summary · 2026
A Asurion Tech Repair & Solutions franchise requires a total initial investment of $118K – $370K, including a $40K franchise fee and an ongoing 7.0% royalty[2]. The 2024 FDD does not disclose unit-level revenue (no Item 19). Verdict grade: A. Run a live ROI scan →
Data last verified June 21, 2026 · figures per the 2024 FDD issuance
Overview
- Investment
- $118K – $370K
- 42nd pct Home Services
- Avg gross sales
- N/A
- 54th pct Home Services
- Royalty
- 7.0%
- 28th pct Home Services
- Units
- 698
- 79th pct Home Services
- SBA default
- N/A
Quick verdict · Home Services · color = vs category peers
Green = >15% above Home Services avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $118K – $370K including a $40K franchise fee, 7.0% ongoing royalty.
- No Item 19 financial performance data disclosed. The franchisor chose not to publish revenue figures.
- Verdict A (Top Quintile) with a risk score of 17/100.
- No Item 19 financial performance representation. Without franchisor-disclosed revenue data, you'll need to gather unit economics directly from existing franchisees.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- UBIF Franchising Co
- Parent company
- uBreakiFix Holdings Co
- Ultimate parent
- Asurion Group, Inc.
- Incorporated in
- FL
- HQ
- 2121 S. Hiawassee Rd., Suite 120, Orlando, FL 32835
- Auditor
- WithumSmith+Brown, PC
- Audited financials
- Franchisor revenue
- $19.4M
- vs $28.5M prior year
Affiliated brands
- uBreakiFix Repair Parts Co
Other brands the franchisor or its parent operates (Item 1).
Overview
About
Franchisees operate retail tech repair shops providing device repair services (phones, tablets, computers) and selling refurbished electronics (Recommerce). Day-to-day operations include customer service, diagnostic work, parts sourcing, inventory management, and staff supervision. Revenue streams split between service repairs and used device sales, each taxed at different royalty rates.
- CEO
- David Barbuto
- Headquarters
- FL
- Founded
- 2012
- FDD year
- 2024
- States available
- 40
FDD Item 7 · 2024 filing · 18 line items
Initial investment breakdown
| Line item | Low | High | |
|---|---|---|---|
| Initial Franchise Feenot refundable | $25K | $40K | |
| Initial Training Feenot refundable | $0 | $13K | |
| Initial Inventory of Parts and Accessories | $4K | $57K | |
| Initial Equipment, Tools, Supplies, and POS Hardware | $10K | $22K | |
| Furniture and Fixtures | $10K | $25K | |
| Interior Signage | $1K | $4K | |
| External Signage | $5K | $20K | |
| Wages, Travel and Living Expenses During Training | $15K | $23K | |
| Wages, Travel and Living Expenses During Site Reviewnot refundable | $0 | $1K | |
| Legal and Accounting | $2K | $11K | |
| Business Licenses and Permits | $700 | $2K | |
| First 3 Months Marketing | $0 | $8K | |
| Insurance | $3K | $7K | |
| Store Rent - 3 Months | $0 | $20K | |
| Mobile Unit Lease Payments - 3 Months | $0 | $3K | |
| Store Security Deposits | $0 | $15K | |
| Construction and Leasehold Improvements | $25K | $62K | |
| Additional Funds - 3 Months | $19K | $37K | |
| Total initial investment | $118K | $370K |
Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $118K – $370K
- Near category avg vs category
- Liquid capital req'd
- $19K – $37K
- Near category avg vs category
- Franchise fee
- $25K – $40K
- Better than avg vs category
- Royalty
- 7.0%
- percentage_of_gross · typical 6–8%
- Ad fund
- 2.0%
- typical 3–5%
- Total fee load
- 10.0%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 2.0% of gross sales |
| Technology fee | $1 |
| Training fee | $13K |
| Transfer fee | $4K |
| Renewal fee | $10 |
| Inventory (initial) | $7K – $57K |
| Total fee load | 10.0% of rev |
Financial Performance
This franchisor did not disclose financial performance representations in Item 19, or our extractor could not parse them.
vs Home Services averages
How Asurion Tech Repair & Solutions Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 698
- Opened
- 82
- Last reporting year
- Closed
- 8
- Turnover rate
- 1.1%
- Company-owned
- 361
- Corporate units in the system
- % franchised
- 48%
- vs corporate-owned
- Net growth (yr3)
- +9.2%
- Net unit change last year
- 3-yr CAGR
- +3.3%
- Compounded over last 3 years
3-year detail · Item 20
- Closed (3yr)
- 5
- Terminated (3yr)
- 1
- Transfers (3yr)
- 2
- Reacquired (3yr)
- 18
- Franchisor bought back
- Transfer rate
- 0.3%
- Owners selling to other franchisees
- Termination rate
- 0.1%
- Franchisor-initiated terminations
- Ceased ops
- 0.7%
- Units that stopped operating
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 46 states with active franchisees
The Territory Map
Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
No SBA loan data available for this brand.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Contracting franchise system with prior litigation, undisclosed financials, and high investment cost creates meaningful profitability and viability concerns.
Litigation (Item 3)
Fix My Gadget, Inc. and Larry Mikell v. UBIF Franchising, Co. (AAA Arbitration Case No. 02-20-0005-6049, filed August 6, 2020). Claims alleged breach of contract, fraud, and violations of state franchise and consumer protection laws. Settled December 20, 2021 with confidential settlement agreement and mutual release; no monetary payment but franchisor waived non-compete enforcement for one location.
Largest disclosed settlement: $10
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · WithumSmith+Brown, PC
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 17 / 100 rating
- 01MEDUnit count declined 9.2% YoY (698 units), indicating system contraction and potential saturation or franchisee struggles
- 02HIGHLitigation involving fraud and disclosure allegations settled in 2021 suggests prior compliance issues and trust concerns
- 03MEDNo disclosed average revenue or net income (Item 19 missing) prevents validation of franchise profitability claims
- 04MINORDual royalty structure (7% vs. 4%) creates complexity and potential revenue volatility depending on sales mix
- 05MINORHigh initial investment range ($118k–$370k) with declining unit count raises ROI recovery risk
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 10 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius or Geographic Area |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory radius | 1 mi |
| Territory population | 100,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Required |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 20 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 10 days |
| Curable defaultsℹ | 4 |
| Mandatory arbitration | Yes |
| Arbitration location | Florida |
| Jury trial waiver | Yes |
| Governing law | Florida |
| Litigation count | 1 |
View Item 3 litigation summary
Fix My Gadget, Inc. and Larry Mikell v. UBIF Franchising, Co. (AAA Arbitration Case No. 02-20-0005-6049, filed August 6, 2020). Claims alleged breach of contract, fraud, and violations of state franchise and consumer protection laws. Settled December 20, 2021 with confidential settlement agreement and mutual release; no monetary payment but franchisor waived non-compete enforcement for one location.
Items 10, 11
Training & Operations
- Classroom training
- 144 hrs
- On-the-job training
- 0 hrs
- Training location
- On-site and pre-opening
- Time to open
- 6 mo
- From signing to launch
- Site selection
- franchisee
- POS system
- POS System
- Operating tech stack
Items 5 & 11
Franchisor Support
Technology: POS System
Item 20 · call current owners
Franchisee Contacts
748 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Asurion Tech Repair & Solutions · FDD (2024) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Asurion Tech Repair & Solutions franchise?
The total investment to open a Asurion Tech Repair & Solutions franchise ranges from $118K – $370K, with an initial franchise fee of $40K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Asurion Tech Repair & Solutions franchise owners earn?
Asurion Tech Repair & Solutions does not disclose average franchise owner earnings in their FDD Item 19. Not all franchisors are required to make financial performance representations. We recommend asking existing franchisees directly about their financial experience.
What is Asurion Tech Repair & Solutions's franchise failure rate?
SBA 7(a) loan charge-off data is not available for Asurion Tech Repair & Solutions (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.
How many Asurion Tech Repair & Solutions franchise locations are there?
As of their most recent FDD filing, Asurion Tech Repair & Solutions has 698 total units in the United States, including 337 franchised units and 361 company-owned units. 82 new units were opened in the latest reporting year.
Is Asurion Tech Repair & Solutions a good franchise to buy?
FranchiseVerdict rates Asurion Tech Repair & Solutions as a A-grade franchise with a risk score of 17 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
For franchisors
Are you the franchisor?
If you represent Asurion Tech Repair & Solutions, you can request corrections or provide updated information.
Claim this brandOther Home Services franchises
Compare similar franchise opportunities in the Home Services category
Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.