TeamLogic IT
At a Glance
Products & Services: Computer consulting, managed services, maintenance & repair
Number of Locations: 54
Total Investment: $70.2K - 113K
Founded: 2004
Began Franchising: 2005
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 51 | 0 | 3 | 0 |
| 2010 | 41 | 0 | 0 | 0 |
| 2009 | 36 | 0 | 1 | 0 |
| 2008 | 45 | 0 | 2 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Startup Costs, Ongoing Fees and Financing
Total Investment: $70,200 - $113,000
Franchise Fee: $40,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $40,000
Ongoing Royalty Fee: 8%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $350,000
Liquid Cash Available: $50,000
Operations
Franchise can be run from home. 60% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 2 - 5. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 1 week.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Purchasing cooperatives,
Marketing Support: Ad slicks,
Other marketing support: Direct mail, keyword purchasing program, brochures, TV & radio spots, sales training