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345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked345 Boring Businesses Analyzed$2K - $5M Startup CostsUp to 85% Profit MarginsUpdated WeeklyReal Revenue DataAcquisition Multiples Tracked
Service
72
/100 score
Excellent

Cell Phone Repair Shop

Every phone breaks. Every owner pays to fix it.

Cell phone repair shops fix cracked screens, battery replacements, water damage, and hardware failures for smartphones and tablets. The economics are deceptively strong: screen repairs average $150–$200, battery swaps $79–$100, and you can often complete 6–10 repairs per day per technician. Material costs run 20–50% of revenue, leaving 50–80% gross margins. Unlike computer repair or automotive work, phone repair has zero inventory risk (customers bring phones in), minimal overhead, and can start from a small retail space or even a kiosk. The real edge: positioning as a fast, local alternative to manufacturer repairs while capturing walk-in traffic.

Avg Revenue

$350K

Profit Margin

45%

Acquisition Multiple

1.5x - 2.8x

Startup Cost

$10K - $75K

Difficulty

2/5

How It Works

Customers bring phones needing repair. Technicians diagnose the issue, provide a quote, and complete repairs on-site (usually within 1–2 hours). Revenue comes from labor and replacement parts (screens, batteries, charging ports, etc.). High-volume shops use drop-in traffic; specialized shops focus on water damage or premium device repair. Recurring revenue comes from warranty plans and phone protection insurance partnerships.

Revenue Range

Low End
$150K
Typical
$350K
High End
$800K

Real Acquisitions in This Category

SBA 7(a) change-of-ownership loans · NAICS 811212 · Computer and Office Machine Repair and Maintenance

Deals tracked
5
0 in last 24 mo
Median loan
$250K
$150K–$2.7M p25/p75
Implied deal size
$294K
median · ~85% LTV
Charge-off rate
not enough resolved loans

Deal Size Distribution

<$150K
1
$150K–500K
2
$500K–1M
0
$1M–2M
0
>$2M
2

Deal Flow Over Time

Deals per year · median loan
$2.7M
2020
1
$200K
2021
4
12-month momentum
Not enough dated data to compute

Financing Profile

Median rate
last 24 mo
Median term
120 mo
standard 10-yr
Collateralized
100%
of loans secured
Median jobs
7
supported per deal
Top lenders in this space
Live Oak Banking Company2
First Bank of the Lake1
The Cape Cod Five Cents Savings Bank1
BankVista1
Where deals happen
OK2
KS1
MA1
MN1

Recent Comparable Deals

ClosedStateLoanImplied dealJobsFranchise
Sep 2021MN$150K$177K12(ART) Art Recovery Technologie
Aug 2021MA$80K$94K4
Nov 2020OK$3.3M$3.9M7
Nov 2020OK$250K$294K7
Jan 2020KS$2.7M$3.2M20
Volume rank #531/534Deal-size rank #521/534p90 loan: $2.7MData as of Dec 2025

Source: SBA 7(a) FOIA dataset, filtered to acquisitions (loans where business age is "Change of Ownership"). Implied deal size assumes an 85% loan-to-purchase ratio, a common SBA change-of-ownership structure. Charge-off rate shown only when 10+ loans have resolved (paid in full or charged off). Interest rates reflect last 24 months only. Actual deal values vary with equity injections, seller financing, and working capital terms.

Pros

  • +Extremely high gross margins (50–80% on repair labor alone)
  • +Minimal inventory risk — customers bring their own devices
  • +Low startup costs for a home-based or kiosk model
  • +Fast cash flow — most repairs paid same-day
  • +Zero manufacturing complexity — pure service arbitrage
  • +Growing market as phones age and damage accumulates

Cons

  • -Highly competitive in metro areas with other repair shops
  • -Manufacturer & OEM pricing pressure (Apple, Samsung) limits third-party repair
  • -Right-to-repair legislation still evolving; parts access uncertain
  • -Customer satisfaction critical — one bad repair damages reputation
  • -Requires skilled technicians — 2–3 month training typical

Best For

Operators with technical aptitude and strong local marketing skills; perfect for kiosk-in-mall or standalone retail models

Operating Costs

Main costs: parts inventory ($5K–$15K), rent for retail/kiosk space ($1,500–$3,000/month), technician labor ($45K–$65K), tools and diagnostic equipment. Minimal recurring expenses compared to other service businesses.

SBA Financing Estimator

Adjust the deal — see if it cash flows after debt service

+$10K/mo
after debt service
Deal price — $350K
Range: $350K (1.5×) to $1.3M (2.8×+)
Down payment — 15% ($53K)
SBA minimum equity injection is 10% for change-of-ownership
Interest rate — 8.00%
Current prime-based SBA rates: 7.5–10.5%
Loan term — 10 years (120 mo)
SBA median for this category: 120 months
Down payment
$53K
15% equity injection
Loan amount
$298K
85% SBA-financed
Monthly payment
$4K/mo
$136K total interest
Monthly profit
$13K/mo
at 45% margin
Monthly cash flow after debt service
+$10K/mo
Down payment paid back in ~6 months — strong return

Estimates only. Excludes owner compensation, capex, working capital draws, and taxes. Margin assumes average occupancy and volume. Actual SBA terms vary by lender and borrower profile.

Where to Buy

BizBuySell Phone Repair

Find phone repair shops and mobile device service businesses for sale

iRepair Business Opportunities

Franchise and business opportunities in phone repair

FranchiseGator - Electronics Repair

Phone and device repair franchise opportunities

72/100Excellent

Acquisition Score

Profit margin
30/30
Entry multiple
29/25
Market depth
0/20
Risk (charge-off)
8/15
Deal momentum
5/10

Scores margin (30), entry multiple (25), SBA market depth (20), category risk (15), and deal momentum (10). Higher = better acquisition candidate.

Quick Facts

Category
service
Difficulty
2/5
Buy price
$525K$980K

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