Description
Business Overview
Well-established Cell Phone Repair franchise location in the affluent Thousand Oaks / Conejo Valley market. This store has operated successfully for 13 years at the same location and has built a dominant reputation in the local market with the highest Yelp and Google review count among competitors.
The business specializes in smartphone repairs, tablet repairs, accessories, insurance repairs, and OEM certified manufacturer repairs. The store also benefits from multiple national corporate repair programs that are projected to significantly increase repair volume in the coming years.
The current owner is mostly absentee, visiting the store approximately once per week, creating an excellent opportunity for a hands-on owner to increase revenue through expanded hours, sales efforts, and device sales.
Location & Lease
Prime retail location on E. Thousand Oaks Blvd, one of the main commercial corridors in Thousand Oaks with strong traffic, high visibility, and excellent surrounding demographics.
The premises are part of a commercial retail center and have operated continuously as a cell phone repair store since 2013.
Beertown-Cell Phone New lease …
Lease Terms
Current Rent: $3,130/month starting October 1, 2026
Rent Increase: $3,255/month starting October 1, 2027
Lease Option Term: Through September 30, 2028
The rent level is considered below market for the Thousand Oaks retail corridor, which strengthens the investment value of the business.
2025 Revenue
$611K annually
Cost of Goods $333K
Recycling $15K
Expenses $ 153K
Net Profit $ 140K
Operating Expenses
Current operating costs with one technician employee:
Monthly Operating Costs Approx.
Expense Monthly
Rent $3,010
Franchise Fee $750
Advertising Fee $285
Tech Fee $100
Utilities $200
Supplies / Cleaning $350
Internet / Phone $300
Yelp Marketing $730
Insurance $350
Alarm $60
Payroll $5,800
Bonus $400
Credit Card Fees $450
Total Monthly Expenses: approx. $12,785
Annual Operating Expenses: approx. $153,420
The store currently operates with only one employee and is closed one day per week, which significantly limits revenue potential.
Services & Revenue Mix
The POS system tracks detailed repair and sales categories, including:
• Smartphone screen repairs
• Back glass repairs
• Charging ports and camera repairs
• Battery replacements
• Tablet and device repairs
• Accessories sales
• Insurance warranty repairs
• Chromebook repairs for local schools
The business maintains strong relationships with multiple national repair networks.
Major Corporate Repair Programs
This location is approved for repair services through several major partners:
• ZAGG – Authorized retailer and warranty center
• T-Mobile – Screen and back glass repairs (expanding services soon)
• Spectrum – Screen, back glass and battery repairs
• Metro PCS – New repair program
• Total Wireless – New repair program
• Best Buy – Android device repairs (expanding to consoles, tablets, laptops)
• Verizon – Extended warranty repair program launching soon
These programs are expected to increase repair volume substantially over the next 12-24 months.
Unique Competitive Advantages
✔ 13 years operating history in the same location
✔ Largest online review presence in the local market
✔ Certified Apple OEM and Samsung repair services
✔ Insurance repair programs with national carriers
✔ Exclusive local relationships with wireless stores
✔ Recommended repair vendor for Conejo Valley School District Chromebooks
The owner will introduce the buyer to local Verizon, AT&T, T-Mobile, and Spectrum store managers, which generate a steady flow of referrals.
Growth Opportunities
Significant upside exists for a motivated owner:
Increase Operating Hours
The store currently operates Tuesday–Saturday only.
Opening 6–7 days per week would likely increase revenue substantially.
Add a Dedicated Salesperson
The business currently runs with one technician.
A front-counter sales associate would increase accessory and repair sales.
Used Device Sales
Very little effort has been put into buying and selling used phones, a rapidly growing segment in the repair industry.
Social Media & Digital Marketing
Currently no Instagram, Facebook, or social media marketing.
A strong online presence could significantly boost sales.
Industry Market Analysis
The mobile device repair industry continues to grow due to:
• Increasing smartphone prices ($900–$1,500 average)
• Consumers choosing repairs over replacement
• Expansion of insurance repair programs
• Growth of tablet, laptop, and gaming device repairs
The U.S. mobile phone repair market exceeds $4 billion annually and is expected to grow as device complexity and repair demand increase.
The Conejo Valley area provides strong demographics:
• High median household income
• Large student population
• High smartphone usage
• Limited certified repair competitors
This store is already positioned as the leader in the local repair market.
Training & Transition
Seller will provide:
• Training for new owner
• Training of 1–2 technicians before transition
• Introductions to carrier partners and referral sources
• Operational guidance and vendor relationships
Franchise Transfer
• Franchise Fee: $750/month flat for the next two years
• After two years: 4% of gross sales
• Transfer / training fee: approx. $10,000 one-time
Asking Price
$349,000 + Inventory
Includes:
✔ Established business
✔ Franchise rights and systems
✔ Repair equipment and fixtures
✔ Established referral relationships
✔ Online reputation and customer base
✔ POS system and repair tracking software
Ideal Buyer
This opportunity is perfect for:
• Owner-operator technician
• Electronics repair entrepreneur
• Franchise operator
• Wireless industry professional
• Investor seeking semi-absentee business
A motivated owner working inside the business can significantly increase profitability.
Please sign NDA and Provide proof of funds for more info!
To get more information about this Well-established Cell Phone Repair franchise business for sale in Thousand Oaks, California please contact Houmehr Mike Panoussi (Broker - BRE License #:01853627) at panoussi.lba@gmail.com