Cinch I.T.
Outsourced IT support for businesses- Units as of 2020
-
3 (3 years)200%
- 2020 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$100K - $125K
Company Overview
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About Cinch I.T.
- Industry
- Tech Businesses
- Related Categories
- IT Services, Tech Businesses, Miscellaneous Business Services, Miscellaneous Tech Businesses,
- Founded
- 2004
- Leadership
- Rick Porter, President
Franchising Overview
- Franchising Since
- 2019 (2 years)
- # of employees at HQ
- 6
- Where seeking
-
Franchisor is seeking new franchise units in the following regions/states:
Alabama, Arkansas, Arizona, Colorado, Connecticut, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Missouri, Mississippi, Montana, Nebraska, North Carolina, New Hampshire, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Wisconsin, West Virginia, Wyoming
- # of Units
- 3
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Cinch I.T. franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $15,000 - $15,000
- Initial Investment
- $100,025 - $124,850
- Net Worth Requirement
- $250,000
- Royalty Fee
- 7-5%
- Ad Royalty Fee
- 1.5%
- Term of Agreement
- 5 years
- Is franchise term renewable?
- Yes
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 26 hours
- Classroom Training
- 100 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresField OperationsProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Ad TemplatesSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
- Can this franchise be run from home/mobile unit?
- Yes
- Can this franchise be run part time?
- No
- # of employees required to run
- 2
- Are exclusive territories available?
- No
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