CMIT Solutions Inc.
#250

Initial Investment

LOW: $126,300
HIGH: $174,439

Change in Units

+4.7% +7 UNITS (1 Year)
+8.0% +12 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1994

Franchising Since

1998 (18 Years)

Corporate Address

500 N. Capital of TX Hwy., #200 Austin, TX 78746

CEO

Jeff Connally

About CMIT Solutions Inc.

Started in 1994, CMIT Solutions (then known as Computer Moms) focused on in-home computer services and training. In 2004, the company changed its focus to serving small to medium-sized business customers and changed its name to CMIT Solutions (Completely Managed IT Solutions). Franchisees specialize in managed service offerings, including remote monitoring and maintenance, data backup and disaster recovery, mobile device monitoring, cloud computing, managed print services, VOIP telecommunications services and unified communications systems.

Financials

Financial Requirements

Initial Investment

$126,300 - $174,439

Net-worth Requirement

$350,000

Liquid Cash Requirement

$100,000 - $150,000

Ongoing Fees

Initial Franchise Fee

$49,950 - $59,950

Ongoing Royalty Fee

to 6%

Ad Royalty Fee

2%

Financing Options

CMIT Solutions Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, payroll

Veteran Incentives


20% off franchise fee

Franchise 500® Rank History

Highest Rank: 216

Lowest Rank: 472

* Not all years were ranked

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and Canada.

Operations & Franchisor Support

Training at headquarters: 5 weeks

Additional Training: 2 weeks onsite in Austin, TX

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks
Regional Media

Number of employees required to run: 1 - 10

Related Franchises

Related Articles

Why Chipotle Is Closed for Lunch Today

Why Chipotle Is Closed for Lunch Today

Franchisees are supposed to use the time to go over new food safety procedures after multiple E. coli cases.
Lindsay Friedman
How These 2 In-N-Out Burger Employees Climbed the Ladder to Become Franchisees

How These 2 In-N-Out Burger Employees Climbed the Ladder to Become Franchisees

Where to find your next great franchisees? They might just be working at your local grease joint.
How This Second-Generation Franchisee Is Doing Things Her Way

How This Second-Generation Franchisee Is Doing Things Her Way

Alex Chambers began her UPS career working in her father's store, but now she's in charge.
Carly Okyle
Taco Bell's New Mystery Item: What Could It Be?

Taco Bell's New Mystery Item: What Could It Be?

As speculation grows ahead of the chain's Super Bowl reveal, here are a few possibilities of what it might be.
Lindsay Friedman
Kick Off Your Super Bowl Sunday Party With These 9 Pizza Promotions

Kick Off Your Super Bowl Sunday Party With These 9 Pizza Promotions

As the industry's biggest day of the year, franchises are bringing their 'A' game.
Lindsay Friedman

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: October 1st, 2015

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

87 franchises for under $50,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012