The Utility Company

At a Glance

Products & Services: IT services

Number of Locations: 104

Total Investment: $45.1K - $70.4K

Founded: 2006

Began Franchising: 2006

About The Utility Company

The Utility Company provides virtual IT services and support for small and medium-sized businesses for a monthly fixed fee. Customers receive on-site support and business-technology consulting from local franchisees. The Utility Company offers a conversion opportunity for existing managed service providers.

Franchise Units

Year U.S. Canadian International Company Owned
2012 51 52 0 1
2011 57 45 0 1
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $45,119 - $70,357
Franchise Fee: $39,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 5 years, renewable
Financial Requirements
Liquid Cash Available: $100,000
Franchise can be run from home. Number of employees needed to run franchised unit: 1 - 3. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters. Available at franchisee's location.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Franchise Ranking History

Franchise 500®: #426 (2012), #241 (2011),
Fastest-Growing: #69 (2012),
Low-Cost: #93 (2012), #49 (2011),
Top New: #11 (2011),
America's Top Global: #187 (2011),