Business Overview

This type of business repairs damaged or malfunctioning equipment such as televisions, stereos, computers, phones, and gaming devices. Repair technicians charge a fixed rate for labor in addition to the cost of new parts.

Who is this business right for?

This business is right for those who enjoy learning about technology and the challenge of restoring damaged items to like-new condition. Professionals in this business help conserve natural resources while helping customers preserve treasured photos and online communications as well as valuable software and digital content such as games, books, and music.

What happens during a typical day at an electronics repair business?

  • Attending workshops and participating in webinars to stay on the cutting edge of new technology
  • Testing computers and electronic devices with diagnostic tools to determine which parts require replacement
  • Reinstalling operating systems in response to hard disk failures
  • Repairing computer hardware and associated peripherals.

What is the target market?

Preferred customers are economically and environmentally conscious people who want to utilize their devices to the full extent of their capabilities before replacing them. Other preferred customers include busy professionals and small business owners who may not be able to afford full-time IT staff.

How does an electronics repair business make money?

Electronics and computer repair businesses make money by charging a fee for their labor and expertise in repairing various devices. Many of these businesses also purchase used laptops, smartphones, and gaming devices for the purpose of refurbishing and reselling them.

What is the growth potential for an electronics repair business?

There is a lot of growth potential for an electronics and computer repair business. Many owners of these types of businesses also work as computer consultants. They assist clients in setting up new computer systems as well as trouble-shooting existing systems. Other services they may provide include purchasing software and training employees on how to use it effectively.