6 Electronics Repair Business Success Stories [2023]
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 (from Connecticut, USA) started Retro Radio Farm over 9 years ago.
My name is Allen Chiang, and I founded Retro Radio Farm, where I repair and restore old radios. I offer Bluetooth MP3 upgrade if the customer wants to play digital music.
Right now, I make about $50K a year for the work I put in primarily on weekends. While it’s highly profitable, it has not yet lucrative enough yet for me to quit my day job. Although, the business has been growing 20% every year.
2. BHGS
- Business rank: #252
Check out their full website ➜
Learn more about starting an electronics repair business:
Where to start?
-> How much does it cost to start an electronics repair business?
-> Pros and cons of an electronics repair business
Need inspiration?
-> Examples of established electronics repair business
-> Marketing ideas for an electronics repair business
-> Electronics repair business slogans
-> Electronics repair business names
Other resources
-> Electronics repair business tips
-> Electronics repair business calculator
4. e-Residency
E-Residency, powered by the Republic of Estonia, enables entrepreneurs to start a trusted location-independent EU company online.
- Website traffic: 270K/month
- Business rank: #68.3K
Check out their full website ➜
5. RADWELL
From Auxiliary Contactors to Z-Terminals Radwell is here to supply you with all your plant floor needs
- Business rank: #93.5K
Check out their full website ➜
Hey! 👋 I'm Pat Walls, the founder of Starter Story.
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