7 Electronics Repair Business Success Stories [2024]

Updated: November 19th, 2023
Start An Electronics Repair Business

The electronics industry itself is worth more than $2 trillion. And electronics repair is a lucrative business that can be started with little to no money.

One of the most important things an electronics repairman must do is to make sure they have the right tools and equipment for the job. This will include everything from soldering irons, wire cutters, screwdrivers and more. A good way to save money on these tools is by buying them used or refurbished.

It's also important for an electronics repairman to have a solid understanding of how electronics work, including the basics of circuit boards and electricity, so they can troubleshoot problems and fix them as efficiently as possible.

Here are some real life success stories of starting a electronics repair business:

1. Retro Radio Farm ($48K/year)

Allen Chiang, founder of Retro Radio Farm, came up with the idea for his business when he stumbled upon two old radios at a flea market in 2012. Despite having limited knowledge of radio repair, Chiang taught himself how to fix and restore these radios, eventually turning it into a profitable side business. With a growth rate of 20% every year, Retro Radio Farm is steadily increasing its revenue, although it has not yet reached a level that would allow Chiang to quit his full-time job in IT.

How much they make: $48K/year
Current team size: 2

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Finding and Repairing Retro Radios Turned into a Successful Side Hustle

Retro Radio Farm founder, Allen Chiang, earns $50k per year as a side business restoring old radios and offering Bluetooth MP3 upgrades, with the business growing 20% every year.

About
Allen started Retro Radio Farm about 10 years ago
Revenue
Allen grew the business to $4K/month
Read by 7,251 founders

So... can you actually make money with a electronics repair business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

4. BHGS

Where they're located: Los Angeles, California, USA

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5. e-Residency

E-Residency, powered by the Republic of Estonia, enables entrepreneurs to start a trusted location-independent EU company online.

Where they're located: Koeru, Estonia
Website traffic: 270K/month

article

So... can you actually make money with a electronics repair business?

Of course. There are millions to be made in this industry.

But how?

  1. Research real, profitable businesses and see exactly how much money they make.
  2. Study exactly what works, and what doesn’t.
  3. Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

7. RADWELL

From Auxiliary Contactors to Z-Terminals Radwell is here to supply you with all your plant floor needs

Where they're located: Greensboro, North Carolina, USA

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