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TeamLogic IT

At a Glance

Products & Services: Computer consulting, managed services, maintenance & repair

Number of Locations: 60

Total Investment: $130K

Founded: 2004

Began Franchising: 2005

Franchise Units

Year U.S. Canadian International Company Owned
2013 50 0 9 1
2012 49 0 5 0
2011 51 0 3 0
2010 41 0 0 0
2009 36 0 1 0
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $130,000
Franchise Fee: $40,000
Ongoing Royalty Fee: 7%
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. Number of employees needed to run franchised unit: 2 - 5. Absentee ownership of franchise is NOT 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
Other marketing support: Direct mail, keyword purchasing program, brochures, TV & radio spots, sales training

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