TeamLogic IT

At a Glance

Products & Services: IT managed services for SMBs

Number of Locations: 52

Total Investment: $83.9K - $137.8K

Founded: 2004

Began Franchising: 2005

Franchise Units

Year U.S. Canadian International Company Owned
2014 51 1 0 0
2013 50 0 0 0
2012 49 0 5 0
2011 51 0 3 0
2010 41 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $83,900 - $137,800
Franchise Fee: $40,000
Ongoing Royalty Fee: 7%
Term of Franchise Agreement: 10 years, renewable
Veteran Incentives: $5,000 off franchise fee
Financial Requirements
Net Worth: $350,000
Liquid Cash Available: $50,000
Operations
Number of employees needed to run franchised unit: 2 - 5. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 1 week.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Field operations/evaluations
Other marketing support: Direct mail, keyword purchasing program, brochures, TV & radio spots, sales training

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