Staymobile Experiences Double Digit Growth in 2016
Mobile Device Repair Leader Carries Momentum; Plans to More Than Double Footprint in New Year
February 08, 2017 // Franchising.com // MARIETTA, Ga. - Given people's dependence on wireless devices, the $4 billion cell phone repair industry saw a 5 percent revenue growth in 2016, according to IBIS World. Staymobile®, a service company providing electronic repair, accessories and protection for businesses and consumers, capitalized on the widespread popularity of smartphones last year, wrapping up its best year to date. The company dominated the industry with more than 30 percent increase in store locations, including expanding its footprint West including Texas, Utah, California and Oregon.
"The strong reception we have received for the high quality and speed of our repairs has been the primary driver behind our success. The service and protection plans we offer are second to none in the industry," says Chuck Morrison, president and chief marketing officer of Staymobile. "As an active participant at CES among some of the most innovative companies in the world, we're excited for what the future holds. We're confident that with our team, customer service and the direction we are headed, we will continue this momentum into 2017 and beyond."
Notable achievements for Staymobile in 2016 include the opening of 13 new stores as well as inking deals with more than 50 enterprise and education partners. The charge was led by the brand's strong management, operations and technicians, which grew more than 30 percent. The company also introduced its new store prototype and design, resulting in improved overall efficiency and reduced costs.
Cashing in on the Clumsy
Carrying strong momentum into the New Year, the company plans to open 100 new locations in 2017, a blend of both corporate and franchise locations. College campuses will remain a hot growth market for Staymobile, with plans to expand onto some of the nation's top universities, including Duquesne, University of Arizona and the University of Cincinnati.
"Our accomplishments over the past two years have set a new pace for us, and we are on track to exceed it in 2017. We will focus on new market expansion with the goal to introduce the brand to consumers in all corners of the country," shares Brian Hutto, CEO of Staymobile. "We continue to bring innovation to the space with unparalleled upgrades and solutions that further differentiate us from the industry."
Staymobile® is a mobile device service company providing electronic repair, accessories and protection for businesses and consumers with the goal of ensuring its customers' personal and corporate mobility. Headquartered in Atlanta, the company currently operates more than 45 locations, both corporate and franchise, across the Southeast, with plans to expand nationally to as many as 300 stores over the next three years. For more information on Staymobile services or franchising, please visit www.staymobile.com.
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