How much does it cost to start a phone repair business?

Starting costs typically run $5,000-$15,000 for a home-based or mail-in setup, and $20,000-$60,000+ for a storefront, covering licenses, tools, an initial parts inventory, repair-management software, and a few months of working capital. Location is the biggest swing factor — rent and buildout for a storefront dwarf every other line item on the list.