Name of
Fee | Click IT | TeamLogic IT | uBreakiFix | Experimac | Device Pitstop | Computer
Troubleshooters | CMIT | iMechanic | Neards to Go | Digital
Marketing |
Group | 1 | 2 | 2 | 2 | 3 | 1, 3 | 4 |
Have FDD? | Yes – 2019 | Yes -2019 | Yes | Yes – 2018 | Yes – 2017 | Yes – 2018 | Yes – 2018 |
FDD Link | https://1drv.ms/f/s!AtpUhTAovQsvkPxlGWFJNx0lxFUFJQ |
Website | https://clickitfranchise.com | https://www.teamlogicit.com/ | https://www.ubreakifix.com/ | https://experimac.com/ | https://www.devicepitstop.com/ | https://www.technology-solved.com/ | https://cmitsolutions.com/ |
Offerings | Offers convenient one-stop
shopping in a retail setting for all business and consumer IT needs. It’s the
only brand offering managed I.T. as-a-service to both consumers and small
businesses, in a retail store setting. | TeamLogic IT is
a national provider of technology solutions that businesses rely on for
best-in-class Managed IT Services. Our success is driven through one core
mission – to leverage technology to your advantage | Offers repair
services relating to computers, smart phones, tablets, gaming consoles and
other electronic equipment, as well as other related services and ancillary
products, including a program for accepting used mobile and other electronic
devices in exchange for payment and for purposes of
resale. | Offers used
electronic products such as laptop computers, tablets and cell phones plus
new accessories and components for these products such as cases, cables,
chargers, adapters, keyboard covers and external drives (the “Products”). You
will also refurbish and repair computers, tablets and cell phones. In your
Store you will use our trademarks, trade name, proven and sophisticated
procedures and trade secrets. | Your local
Device Pitstop store sells certified pre-owned brands of tech devices like
laptops, tablets, smartphones. We also pay cash-on-the-spot for your used
devices. Plus, our Pit Crew offers quick repairs and upgrades, for less. | Computer
Troubleshooters offers high-quality, affordable computer repair and
troubleshooting services, plus a range of IT services including data backup
and recovery, security services, remote support services, and managed
services. | CMIT Solutions
provides more than IT support services. We are your business partner — your
very own technology team outside the office. |
Headquarter Location State | Chagrin Falls, OH | Mission Viejo, CA | Orlando,
FL | West Palm Beach, FL | Minnetonka, MN | Independence, OH |
Number of Franchises / Outlets | 1 | 135 | 326 | 130 | 26 | 171 |
Service / Royalty Fee (%) | 6% | 7% | 7%
for Non-Recommerce, 4% for Recommerce Revenue | 6% | 5% payable weekly | 6.50% | 6% – Under $1 million
in revenue |
Minimum Monthly Royalty | No | Yes
– Must have a minimum of $2,500 in sales or franchise will be terminiated | Yes: $600 to $1,000 |
Discounts Offered | Yes:
1) Multi-Units, 2) Vets, 3) Advisory, 4) Founders Club | Yes:
1) Vets | None | Yes:
1) Vets, 2) Multi-units | Yes:
1) Vets | None | Yes:
1) Multi-unit |
Initial Franchise Fee ($) | $39,996 before discounts | $45,000 | $60,800 to $110,100 | $49,500 | $35,000 to $40,000 | $9,900 | Tier
One: $49,950
Tier Two: $54,950 |
Total Investment ($)
Before Discounts | $126,061 to $196,000 | $94,550 to $142,800 | $85,400 to $225,350 | $142,010 to $321,140 | $146,000 to $206,000 | $12,200 to $27,900 | S125,970
to $170,200. This includes $49,950 to $57,700 that must be paid to the
franchisor or its affiliate. |
Operation Requirements | You
may operate your CMIT Solutions Franchise from an office in your home.
However, at your option you may lease office space outside of your home and
within your zip coded geography (territory). |
Targeted
Market | Small Businesses
and Retail Customers | Primary
market is small and medium sized businesses, with support for home-based
business owners. |
Exclusive
Territory Granted | Yes | Yes, but with
conditions. | Yes |
Territory
Size | Number
of businesses: 1,500 to 2,000 | The
Territory ·will be determined by using natural trade areas and population
numbers, but will be no less than a two-mile radius and no greater than a
6-mile radius from a specific in territory. Typically. if you will operate in
a metropolitan area with a population in excess of 200,000. you will receive
a protected territory “·ith a minimum population of 50,000. If you
locate your Store in a smaller market. you typically will receive a Territory
with a minimum population of approximately 25,000. | Business
Territory has a population of between approximately 60,000-120,000 people
(based on the most recent census data, your Business Territory may be smaller
or larger). | Tier
One: 3,000 to 3,500 Small Business Establishments (SBEs)
Tier Two: 3,501 to 4,000 SBEs
Each Additional SEB is $11 each, above 4,000. |
Local
Marketing Expenditures | $2,000 to $2,400 per
month | To Be Determined | 5%
of total sales when combined with
local cooperative. | Determined
by member cooperative. Not to exceed $1,000 per month. |
Brand
Marketing Fund / Fee / Advertising Cooperative / National Ad Fund | 1% | 2% | Currently,
1% of your
gross revenues or
$500 per month,
whichever is greater | Not
to exceed $3,000 per year. Amount determined by local cooperative. | Up
to $150 per month, or $1,800 per year. |
Additional
Training | Yes | $1,000 per person | $200 per person per
day | $1,000 per person. | Yes – $1,500 per
person. |
Assistance
& Refresher |
Training | 100 hours (both
classroom and on-the-job training) | 25
hours classroom, 8 hours post training. | 16 hours (no
on-the-job training) |
Renewal
Fee | 10% of the
then-current Initial Franchise Fee, or $4,000. | $10,000 | $2,000 | $8,000 |
Transfer
Fee | 50% of the
then-current Initial Franchise Fee, or $20,000. | $3,000 | $15,000 |
Late Fees | $100 per violation |
Non-Compliance Fee | $200 per violation |
Electronic Marketing Violation Fee | $1,500 |
Attorneys’
Fees and Costs | None | Collection
costs include reasonable attorneys’ fees |
Supplier
Approval | Reserved | Yes |
Audit
Costs |
Relocation
Expenses |
Indemnification
Fees |
National Account Administration Fee | 5% of Gross Sales |
Software
Updates | Basic investment
– No Additional Fees | Lots of Additional
Fees |
Technology
Fee | $250 / Year | 150 / Month | $75 per month |
Managed Services Fee | $2.89
per workstaation and $30 per server |
Average
Franchisee Net Sales | $614,500
(Range $2,494,300 – $63,100) | $458,701
(Range: $829,747 – $183,663) |