The Utility Company

IT services
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2021 Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$45K - $70K
Units as of 2012
104

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

Franchising Overview

Franchising Since
2006 (15 years)
# of employees at HQ
25
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
104 (as of 2012)

Franchisor Information

Corporate Address
One Hines Rd., #101
Ottawa, ON K2K 3C7

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
$39,000
Initial Investment
$45,119 - $70,357
Cash Requirement
$100,000
Royalty Fee
7%
Ad Royalty Fee
2%
Term of Agreement
5 years
Is franchise term renewable?
Yes

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.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
Yes

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 by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021