My Queue

Your Queue is empty

Click on the next to articles to add them to your Queue

Franchise: CMIT Solutions Inc.

Initial Investment
LOW:$127,200
HIGH: $173,200
Change in Units
+6.0% +9 UNITS (1 Year)
+15.2% +21 UNITS (3 Years)

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations
Marketing Support
Co-op Advertising
Ad Slicks
National Media
Regional Media

Training at headquarters: 82.5 hours

Additional Training: 2 weeks onsite in Austin, TX

Number of employees required to run: 1 - 10

About CMIT Solutions Inc.

Started in 1994, CMIT Solutions (then known as Computer Moms) focused on in-home computer services and training. In 2004, the company changed its focus to serving small to medium-sized business customers and changed its name to CMIT Solutions (Completely Managed IT Solutions). Franchisees specialize in managed service offerings, including remote monitoring and maintenance, data backup and disaster recovery, mobile device monitoring, cloud computing, managed print services, VOIP telecommunications services and unified communications systems.

Founded

1994

Franchising Since

1998 (19 Years)

Corporate Address

500 N. Capital of TX Hwy., #200 Austin, TX 78746

CEO

Jeff Connally

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: See List

Financial Requirements

Initial Investment

$127,200 - $173,200

Net-worth Requirement

$350,000

Liquid Cash Requirement

$100,000 - $150,000

Ongoing Fees

Initial Franchise Fee

$49,950 - $54,950

Ongoing Royalty Fee

to 6%

Ad Royalty Fee

to 2%

Financing Options

CMIT Solutions Inc. has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, payroll

Veteran Incentives


20% off first-unit franchise fee

Free Franchise Consultation
Fran Choice We've helped over 5,000 people find the right franchise. Get a FREE consultation and find out how you can be next.
Start Now
Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Franchise Articles

The 5 Best Retail Franchises You Can Buy Right Now

Are you a natural salesperson? Then take full advantage with a retail franchise.

Why Fitness Franchises Are Booming

With aggressive expansion strategies and low membership costs, fitness clubs are looking to rapidly expand -- and franchisees are lining up to get in on the action.

Success Speaks For Itself: Whissle Hospitality Group

The co-founders of Whissle Hospitality Group –the company behind F&B brands like Okku, Claw and more in Dubai are all set to take their enterprise to the next level.

Why a Thriving Business Decided to Expand -- by Buying Into Two Franchises

The family behind a landscape company decided to go wider, not deeper, by investing in two different franchise systems.

Krispy Kreme Fell Apart, Then Came Back Strong. Here's How.

At one point, ice cream and soap was sold at the Krispy Kreme locations.

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 31st, 2017

Reprints & Licensing
Update Your Listing
Submit New Listing