- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$93K - $156K
- Units as of 2018
-
2 0.0% over 3 years
Company Overview
About TechVoo
Industry | Tech Businesses |
---|---|
Related Categories | Miscellaneous Tech Businesses |
Founded | 2005 |
Leadership | Amit Mehta, Founder and CEO |
Corporate Address |
553 S. Spring Rd. Elmhurst, IL 60126 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2014 (10 years) |
---|---|
# of employees at HQ | 5 |
Where seeking |
This company is offering new franchises in the following US states: |
# of Units | 2 (as of 2018) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a TechVoo 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
|
$49,500 |
---|---|
Initial Investment
|
$92,825 - $156,150 |
Net Worth Requirement
|
$250,000 |
Cash Requirement
|
$100,000 |
Veteran Incentives
|
15% off franchise fee |
Royalty Fee
|
7% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | TechVoo has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment |
---|
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 | 40 hours |
---|---|
Classroom Training | 120 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 2-3 |
Are exclusive territories available?
|
Yes |
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