CPR Cell Phone Repair Ranked Among the Top Franchises in Entrepreneur Magazine's Highly Competitive Franchise 500(R)
*NEW YORK, NY / ACCESSWIRE / January 16, 2024 /* CPR Cell Phone Repair (CPR) proudly announces its achievement as one of the top 500 franchises in Entrepreneur's Franchise 500®, the world's first and most comprehensive franchise ranking. This marks the third consecutive year that CPR has received the #1 rank in the Electronics Repairs & Sales category, a testament to its comprehensive range of repair services, including specialized repairs for smartphones, tablets, laptops, game consoles, and computers.
CPR's success in the Franchise 500, evaluated on franchise growth, support, brand strength, and financial health, highlights its robust franchise model. Franchisees benefit from a well-established brand name, a wide array of repair services catering to a vast market, ongoing training, and substantial marketing support. This combination presents a compelling opportunity for entrepreneurs looking to venture into the thriving electronics repair market.
"Every brand on the Franchise 500 has its own unique story, but they all collectively make the same statement: Franchising is strong and resilient, is full of innovation and opportunity, and provides a powerful entrepreneurial path for many people," says Jason Feifer, editor in chief of Entrepreneur magazine. "Our 45th annual ranking is full of companies with fresh ideas, exciting business models, cultural sway, and the kind of business sophistication that will define the next 45 years and beyond."
Terry Jones, Assurant's VP of Retail Connected Living, adds, "Our sustained top ranking reflects our comprehensive service offerings and the strong business model we provide our franchisees. We equip them with the tools, skills, and support necessary to succeed in the dynamic world of electronics repair."
In Entrepreneur's continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company's ranking formula also continues to evolve. The editorial team researches and assesses several factors, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranked order.
To view CPR Cell Phone Repair in the full ranking, visit Entrepreneur Magazine's Franchise 500 or pick up a copy of Entrepreneur's January/February 2024 issue on newsstands now.
*About CPR Cell Phone Repair*
CPR by Assurant (CPR), ranked the no. 1 franchise for electronics repairs in Entrepreneur magazine's Franchise 500, is one of the largest, fastest-growing mobile repair franchises in North America, operating over 500 locations internationally. As a pioneer and leader in the electronics repair industry, CPR offers same-day repair and refurbishing services for cell phones, laptops, gaming systems, digital music players, tablets, and other personal electronic devices. Founded in Orlando, Fla., in 1996, CPR is owned by Assurant, Inc. (NYSE: AIZ). For more information about CPR by Assurant, visit www.cellphonerepair.com.
*Media Contact*
Chris Jourdan
chris.jourdan@cpr-corporate.com
877-392-6278 ext. 7711
*SOURCE: *CPR Cell Phone Repair
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