Click to Print This Page
Entrepreneur: Start & Grow Your Business

CM IT Solutions

On-site computer support for small businesses

Background

Founded: 1994 Franchising since: 1998
1701 Directors Blvd., #300
Austin, Texas 78744
Phone:
(800)710-2648


Franchisor is a privately-held company with 14 employee(s); 5 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 100 0 0 0
2007 85 0 0 0
2006 102 0 0 0
2005 117 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Pennsylvania, Rhode island, South carolina, Tennessee, Texas, United states, Utah, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: Group of ZIPs with minimum number of SMB's

Costs and Fees

Total investment: $63.95K-106.5K
Franchise fee: $39.95K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No Yes
Startup Costs No Yes
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $250K
Cash liquidity requirement: $100K
Business Experience:
  • General business experience
  • Marketing skills
  • Management experience

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)

Training and Support

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

Rankings

Franchise 500® rank:
#444 (2005);