9. Cambridge, MA 617-420-5911 request a consultation IT Solutions That Advance Your Business Learn more about the color of confidence We're local with a national presence. TeamLogic IT is part of FSI, which has been providing franchise support forever, so they can and will help you with anything. Request Information. Use Our Free Financial Calculator, FDD Talk: Brightway Insurance Franchise Review (Financial Performance Analysis, Costs, Fees, and More), FDD Talk: The Camp Transformation Center Franchise Review (Financial Performance Analysis, Costs, Fees, and More), Section I Background information on the TeamLogic IT franchise opportunity, including relevant news updates, Section II Estimated initial investment for a TeamLogic IT franchise, based on Item 7 of the companys 2019 FDD, Section III Initial franchise fee, royalty fee, marketing fee, and other fees for a TeamLogic IT franchise, based on Items 5 and 6 of the companys 2019 FDD, Section IV Number of franchised and company-owned TeamLogic IT outlets at the start of the year and the end of the year for 2016, 2017, and 2018, based on Item 20 of the companys 2019 FDD. TeamLogic IT Franchise Network Outpaces 2021 Results and . A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise. 11. No spam, just good, helpful information for aspiring entrepreneurs. TeamLogicIT has a sophisticated, proprietary infrastructure that lets their business offer small and mid-sized businesses what they really want -proactive service that keeps their technology up and running. Now is the best time to invest since the housing crash of 2008 which created more millionaires, We build and scale Amazon businesses for our clients by helping automate all inventory management tasks, keeping account health in great condition, inventory monitoring, 24/7 customer service, and helping to automate any and, Minuteman Press is an essential B2B print & marketing franchise. Because a TeamLogic IT Business franchisees revenue depends primarily on a recurring base of clients developed over a period of time, Qualified Franchisees who operate for longer periods, and/or who operate multiple TeamLogic IT Businesses/Territories, typically realize higher (in some cases significantly higher) Gross Revenue, than Qualified Franchisees who have operated for shorter periods or who operate only one Business/Territory. The training provides an overview of sales and marketing, the technology that powers the business and how to provide oversight, business and financial management and human resources. Section V Presentation and analysis of TeamLogic ITs financial performance representations (average revenues and/or profits), based on Item 19 of the companys 2022 FDD, including information on the: Section VI Key ratios, comparables, computations, and analyses for the TeamLogic IT franchise opportunity (exclusive content for Platinum subscribers), Your email address will not be published. In addition, some franchisees have converted existing independent IT service businesses into TeamLogic IT Businesses with a full and active client base, while other franchisees are starting new businesses with no clients. Arkansas - AR, California - CA, Colorado - CO, Connecticut - CT, This website is not currently accepting inquiries from visitors in EU countries. No matter the hour of the day, our Help Desk is here to support you with troubleshooting and technical issues so you can get back to the business at hand. To add more franchises, please uncheck selections in your request info basket. Whats important to note is that we have learned how to maximize franchise owner support during each. TeamLogic IT is Takingthe Managed ServicesIndustry By Storm, TeamLogic IT is Taking theManaged Services Industry By Storm. No. You are required to spend a minimum of $2000 monthly for local marketing for the entire contract. Franchisees can expect to make a total investment of $110,000 - $160,000. Franchisees can expect to make a total investment of $110,000 - $160,000. As their managed IT services provider, they not only keep their networks running smoothly, but they also provide valuable assistance with data security, transitioning to the cloud, consultation on what software to buy, and more, in order to deliver a customer-focused experience that allows their clients to focus on growing their businesses. Are you ready to start a lucrative career as a franchise consultant? The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations. Powered by a 100% money-back guarantee. Our managed IT Established: 2004 About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This field is for validation purposes and should be left unchanged. TeamLogics value to small- and medium-sized businesses was front and center, as franchise owners worked nonstop with clients who had to pivot to all-virtual operations. For an explanation of territory rights, unlock this franchise for important details. Identify the perfect franchise for you! 14. TeamLogic IT franchise does not work with E2 Visa and EB-5 Visa candidates. As with any new franchised business, the franchisee's income and the revenue from a TeamLogicIT franchise opportunity depends on a variety of factors. Here is a look at other startup costs, as outlined in the Item 7 section of our Franchise Disclosure Document: TeamLogic IT franchises have relatively low startup costs and low overhead, which makes them much easier to finance than many other franchise concepts. When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. TeamLogic IT franchise is looking for Canada franchisees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them. In 2018, 40 new Businesses opened in the United States; these are not eligible for this FPR except for the 7 locations opened by existing franchisees (multiple). The franchise system must disclose what conditions any of the initial fees are refundable. Fill out this form and a specialist from the Franchise Brokers Association will reach out to you. Unlock this franchise to find out more. 15. Buying a Franchise on Your Own Can Be Overwhelming, How to Find, Vet and FUND a Good Franchise (Webinar), Find Good Franchises That Are Still AVAILABLE in Your Target Area (Free Tool), How to Find, Vet & FUND a Good Franchise. We also offer managed IT services, remote monitoring of computers and networks, and data backup and disaster backup solutions. Initial Staff Training and Certification: $3,750. Essentially, it's a franchise that operates in the B2B space leveraging on technology to assist businesses to operate more efficiently thus increasing their profitability. Our strong support system, training program, and proven business model will help. Franchise Costs: Detailed Estimates of TeamLogic IT Franchise Costs Call your own shots and own a TeamLogicIT franchise! IndustryIndustry They also learn about all the resources that are available through the Business Management Support System, which provides a database of knowledge as well as a message board that connects all TeamLogic IT owners and technicians. We do that by constantly improving and adding to the value we bring our members. TeamLogic IT was founded in 2006 by Don Lowe, CEO of Franchise Services Inc. (FSI), which includes brands such as Signal Graphics, Sir Speedy, PIP, Multicopy, and Eastnet Print. Own a TeamLogic IT Franchise According to a report published by Grand View Research, managed IT services is expected to reach $120.44 billion by 2025. TeamLogic IT Franchise Opportunity | FranchiseOpportunities.com Our supplier directory makes it easy for you to find reputable suppliers that you can trust. Where theres industry, theres demand for hydraulic and industrial hose replacement. Learn more today about how you can achieve you, Want to earn big commissions in the lucrative financial industry but you lack the experience? TeamLogic IT franchisees provide outsourced IT support and managed Franchise Chatter is reader-supported. needs. 6 (Tues.), 4 p.m. EST, Register Now to Get Free Access to Recordings of Both Webinars. We invite you to find out more about TeamLogicIT and discover if a TeamLogicIT franchise is for you. TeamLogic IT franchise costs, based on Item 7 of the companys 2022 FDD: Initial Franchise Fee: $40,000 to $45,000, Advertising Cooperative Association Fee: $0 to $500 monthly; determined by local Advertising Cooperative Association, Email Hosting: $3.36 to $16.80 per email user, Software Fee: $2,100 to $3,500 (total annual cost), QuickBooks Online: $100 to $150 per month, Vehicle Lease and Graphics: $0 to $350 (lease)/$100 to $3,000 (graphics), Real Estate Leasehold Improvements, Monthly Rent: $750 to $1,500, Additional Funds for 10 to 12 Months: $60,540 to $78,092, Total Estimated TeamLogic IT Franchise Costs: $110,918 to $142,709. In a business that is so tech-savvy, you might think that you need to be a hyper-proficient IT professional to be successful with TeamLogic IT. Unlock to find out more. We may receive a commission for leads generated from our site. TeamLogic IT offers certain discounts and Minimum CFF suspensions for the entire first year in recognition that this time is spent building a client base. TeamLogic IT franchise owners tend to have executive experience and either hands-on technical experience, or a keen interest in technology. 2014-2023 TeamLogic, Inc. All rights reserved. Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. The break-fix model that dominated the IT industry for years is no longer acceptable to small and medium businesses who require the 24/7 consultative approach and comprehensive solutions that TeamLogic IT delivers. Giving you truly hands-free passive income. TeamLogic IT is one of the most forward-thinking IT franchises in the nation. These franchisees generated a total of $119 million of network sales. TeamLogic IT franchise does offer a veteran discount. They cannot afford to lose data. 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