The Utility Company

IT services
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Franchise 500 2023
2023 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$45K - $70K
Unit data is unavailable
N/A

Company Overview

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.

About The Utility Company

Founded
2006
Leadership
Mark Scott, CEO
Corporate Address
One Hines Rd., #101
Ottawa, ON K2K 3C7

Business Overview

Franchising Since
2006 (2023-2006 years)
# of employees at HQ
25
Where seeking

This company is offering new franchisees in the following US states:

Information for Franchisees

Here's what you need to know if you're interested in opening a The Utility Company 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 Information Circle
$39,000
Initial Investment Information Circle
$45,119 - $70,357
Cash Requirement Information Circle
$100,000
Royalty Fee Information Circle
7%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
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.

Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Online Support
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising

Operations

Additional details about running this franchise.

Can this franchise be run from home/mobile unit? Information Circle
Yes
Can this franchise be run part time? Information Circle
No
# of employees required to run
1-3
Are exclusive territories available? Information Circle
Yes
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Franchise 500 Ranking History

Compare where The Utility Company landed on this year's Franchise 500 Ranking versus previous years.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022