Broken Phone Woes? `Mr. Fix-it’ Can Help

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Sept. 16 (Bloomberg) –- uBreakiFix.com’s Justin Wetherill discusses the booming business of repairing broken phones. He speaks with Pimm Fox on Bloomberg Television's "Taking Stock." (Source: Bloomberg)

If you have ever dropped your iphone or your android in a mcdonald's deep fryer, you should call my next guest.

Justin wetherill has created a million dollar business in a billion-dollar industry.

His company is called ubreakifix.com, and specializes in fixing cracked, broken, and even fried mobile phones.

Tell us how you started this business and what you actually do.

We started because i broke my phone.

I did not find a good way to fix it.

I fixed it myself.

It was a bit of trial and error.

Eventually, we got proficient at it.

It has blown up since then.

What are the challenges of fixing a mobile phone?

Not us through the more common issues.

The things we see are broken screens, water damage, replacement batteries, people having issues with software, things of that nature.

Hundreds of things can go wrong with the cell phones you carry every day.

What about the cost of fixing a phone versus buying a new one?

That always seems to be an issue.

That is always a fun subject.

You go to the carrier store and purchase your phone for $199. that is a six hundred dollar device.

A replacement can be upwards of $500. you have 47 stores currently.

What is your plan for the future?

We just started franchising in march.

We are already up to 54 stores.

It is incredible.

Thank you very much.

Justin wetherill of ubreakifix.com, joining us from

This text has been automatically generated. It may not be 100% accurate.

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