#216
At a Glance
Products & Services: IT & business services for small businesses
Number of Locations: 137
Total Investment: $124.8K - 150.95K
Founded: 1994
Began Franchising: 1998
About CMIT Solutions Inc.
CMIT Solutions began in 1994 under the name Computer Moms and specialized in home computer services. In 2004, the company changed its focus to serving small business customers and changed its name as well to CMIT Solutions (Completely Managed IT Solutions). They have developed managed service packages for small business clients, including a monitoring and maintenance program, data backup and disaster recovery, and cloud computing.Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2012 | 137 | 0 | 0 | 0 |
| 2011 | 127 | 0 | 0 | 0 |
| 2010 | 124 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Startup Costs, Ongoing Fees and Financing
Total Investment: $124,800 - $150,950
Franchise Fee: $49,950
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $49,950
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $300,000
Liquid Cash Available: $100,000
Operations
Franchise can be run from home. 15% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 1 - 10. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks. 1 week onsite in Austin, TX
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet
Marketing Support: Ad slicks, National media,
Other marketing support: PR, e-mail marketing, direct mail
Franchise Ranking History
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