CMIT Solutions Inc.
#91 Franchise 500| IT and business services for SMBs

CMIT Solutions Inc.
IT and business services for SMBs

About
Founded

1994

Franchising Since

1998 (21 Years)

Corporate Address

500 N. Capital of Texas Hwy., Bldg. 6, #200
Austin, TX 78746

CEO

Roger Lewis

Financial Requirements
Initial Investment

$127,970 - $175,350

Net-worth Requirement

$350,000

Liquid Cash Requirement

$150,000

Ongoing Fees
Initial Franchise Fee

$49,950 - $54,950

Ongoing Royalty Fee

6-3%

Ad Royalty Fee

2-1%

Financing Options

CMIT Solutions Inc. offers in-house financing to cover the following: accounts receivable

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

Support Options
Ongoing Support

Purchasing Co-ops

Newsletter

Meetings/Conventions

Toll-Free Line

Grand Opening

Online Support

Security/Safety Procedures

Field Operations

Franchisee Intranet Platform

Marketing Support

Co-op Advertising

Ad Templates

Regional Advertising

Social media

SEO

Website development

Email marketing

Classroom Training:

91 hours

Additional Training:

2 weeks onsite in Austin, TX

Number of Employees Required to Run:

1 - 10

CMIT Solutions Inc. is ranked #91 in the Franchise 500!
Bio
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.
Cost
Initial Investment: Low - $127,970 High - $175,350
Units
+17.1%+30 UNITS (1 Year) +36.7%+55 UNITS (3 Years)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units throughout the U.S. and in the following regions/states: Canada
Franchise Financing
Using 401(K)/IRA Funds
  • Tax Penalty-Free
  • Debt Free
  • Expert Guidance
Learn More

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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: July 30th, 2019