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Initial fee: $39,000
Royalty fee: 7%
Total investment: $145,875 - $607,351
Term of agreement:  10 years, renewable
Branch: Consumer electronics

We all know RadioShack, one of the most powerful retail brands. It offers a wide range of technology products and services from international, national and private brands. RadioShack’s first store opened in 1921. The company started franchising in 1968 and now there are 5,800 RadioShack stores in 29 countries. Still, hundreds of potential markets await to be explored.


RadioShack has more than 90 years of experience in retail. It is one of the large retail franchise networks. Franchises are a great part of the business system. A proven business model, continued support and detailed training are especially designed for franchise owners.


RadioShack store owners benefit from the company’s strong buying power and high competitive advantage. The company has global presence and brand-driven store traffic.  


New franchise owners get professional assistance from the company’s support team including site construction and staff training. The company has a long portfolio with products and selecting the right products for their stores is overwhelming for franchisees. RadioShack specialists have developed a select line up of best-selling products and assist with ordering and inventory to ensure franchisees start with the right products and services for their customers. A mentor store is assigned to guide and monitor new franchises. The district manager will lead the new store through the process. 


Store management and staff receive training at the RadioShack University including inside their new store, in a nearby established store and in a classroom setting. They learn how to manage sales and operations, merchandising, marketing and advertising and have access to support teams whenever they need them. Store owners attend annual conventions and workshops where they build professional bonds with each other. They also receive regular newsletters with updates on new products and corporate information.     


RadioShack is a leader not only in retailing, but also in franchising


RadioShack is one of the top retail chains in the world. It provides technology products and services with international and private brands alike. It has more than 3,500 items in its portfolio. In 2011 RadioShack had net sales of $4.3 billion. There are nearly 5,800 RadioShack stores in 29 countries.

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