Smartphone and small device repair shop
Starting costs about $9,370 in the United States and 1,660,000 NGN in Nigeria. After 12 months, this business can bring in about $2,790 net per month in the United States and 678,000 NGN in Nigeria. The starting money comes back in about 9 months, with 45 hours of work per week.
Mundyo estimates, data as of 2026-11-02.
See the numbers for my countryFree, no account, in the currency of 247 countries.
The numbers
| Country | To start | Net per month (month 12) |
|---|---|---|
| United States | $9,370 | $2,790 |
| Nigeria | 1,660,000 NGN | 678,000 NGN |
| United Kingdom | £6,420 | £1,920 |
| Kenya | 421,000 KES | 94,400 KES |
| India | 212,000 INR | 68,900 INR |
Amounts adjusted to each country's price and income levels.
The problem
Phones, tablets and laptops break or fail, and customers want a quick, honest repair rather than an expensive replacement.
The solution
A small neighbourhood workshop: screen and battery replacement, connectors, cleaning, basic data recovery, instant quote and often same-day repair.
Your customers
Individuals of all ages, students, small businesses and shopkeepers who depend on their phone for work.
How you make money
20 to 150 € per repair depending on the part, margin on spare parts, accessory and refurbished device sales.
Competition
Countless street and shop repairers, informal home repairers, brand after-sales services and mobile operators.
Who has an edge
A meticulous, honest technician who displays prices, guarantees repairs and nurtures online reviews stands out in a crowded market.
The risks
Fierce price competition; uneven parts quality; breakage during repair; protecting customers’ personal data; shop theft.
The first 3 steps
- Train on common repairs using second-hand devices
- Find two reliable parts suppliers and compare quality
- Start in a small shared space or a stall
How the numbers are calculated
Example in a high-income eurozone country, at month 12: revenue €6,300 − costs €4,400 = €1,900 net per month. Revenue: 90 repairs × €55 + €1,350 of accessories and refurbished devices. Costs: spare parts, workshop rent, accessory purchases, tools, social contributions. For other countries, Mundyo adjusts the starting budget to the price level (World Bank) and the income to prices and customers' purchasing power, then converts at the day's exchange rate.
Frequently asked questions
How much does it cost to start: Phone repair shop?
About $9,370 (United States), 1,660,000 NGN (Nigeria), £6,420 (United Kingdom), depending on the country. Mundyo calculates the amount for 247 countries.
How much can you earn per month?
After 12 months, about $2,790 (United States), 678,000 NGN (Nigeria), £1,920 (United Kingdom) net per month, after costs.
How long until I get my starting money back?
About 9 months, with 45 hours of work per week.
What are the risks?
Fierce price competition; uneven parts quality; breakage during repair; protecting customers’ personal data; shop theft.
Where do I start?
1. Train on common repairs using second-hand devices 2. Find two reliable parts suppliers and compare quality 3. Start in a small shared space or a stall
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