Experimax
The total investment to open a Experimax franchise ranges from $146,339 to $351,140. The initial franchise fee is $49,500. Ongoing royalties are 6% plus a 1% advertising fee.
What is the Experimax franchise?
Experimax is a store that sells new and refurbished electronics and offers repair services. The 2021 Franchise Disclosure Document estimates the total initial investment at $146,339 to $351,140 and lists an initial franchise fee of $49,500.
The ongoing royalty is 6 percent of sales, and the advertising or brand fund fee is 1 percent. The franchise agreement term is 10 years.
Experimax was founded in 2009 and is headquartered in West Palm Beach, FL. Its customers include individual consumers and businesses.
Loan Activity Score
23/100
SBA Default Rate
43.8%
Active Lenders
6
According to its Franchise Disclosure Document or public business records, Experimax has 15 locations, all owned by franchisees. Public SBA loan records show 6 lenders made 16 loans to franchisees of Experimax. PeerSense calculates Experimax's score as 23 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2021 Franchise Disclosure Document. To correct a figure, email the current FDD and the differing item numbers to info@peersense.com, and this page will be updated.
Franchising since 2009 · 15 locations
$146,339 to $351,140
$49,500
15
15 franchised
Proprietary PeerSense metric
LimitedDistinct lenders in public SBA records for Experimax
16
Total SBA loans
$166K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Experimax
Loan Activity Score Breakdown
Growing (10 to 24 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
43.8%
vs 10.8% peer avg
SBA Loans
16
Total Volume
$2.7M
Active Lenders
6
States
10
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Experimax based on SBA lending data
SBA Default Rate
43.8%
33.0% above peer avg
SBA Loan Volume
16 loans
Across 6 lenders
Lender Diversity
6 lenders
Avg 2.7 loans per lender
Investment Tier
Mid range investment
$146,339 to $351,140 total
Experimax: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2018
10 approvals. The best year on record for Experimax.
Top SBA State
Maryland
3 SBA financed Experimax locations, the densest operator footprint.
Average Loan Size
$166K
Median $150K. Use as a sizing anchor when modeling your own Experimax unit.
Lender Concentration
81.3%
Concentrated
Share of Experimax approvals captured by the top 3 SBA lenders.
Experimax's SBA lending pipeline peaked in 2018 (10 approvals). The last five fiscal years account for 13% of cumulative volume ($677K approved). Operator density is highest in Maryland with 3 SBA financed locations. Average funded ticket sits at $166K, with the median at $150K. Lender mix is concentrated: the top three SBA lenders account for 81.3% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$1,515
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Experimax, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman