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Description

How to Start a TeamLogic IT Franchise?

To begin your journey as a TeamLogic IT franchisee, you'll need to pay an initial franchise fee of $49,500, which is non-refundable. This fee covers your training expenses and initial support. Following this, you will undergo training that includes classroom instruction and hands-on experience. Once trained, you will be ready to operate your IT services business, focusing on managed services for small and medium-sized businesses. The total investment for launching your franchise ranges from $106,865 to $141,342, covering equipment, office setup, and initial operating costs .

What Services Does a TeamLogic IT Franchise Offer?

As a TeamLogic IT franchisee, you’ll provide a variety of core services, including managed IT services, data backup and recovery, IT security, and help desk support. You can also offer additional non-core services tailored to your clients' needs. This flexibility allows you to cater to a diverse clientele, ensuring you can adapt your services based on market demands and technological advancements.

What Are the Key Advantages of Joining TeamLogic IT?

Joining TeamLogic IT offers several benefits, including a recognized brand in the IT services industry and access to a comprehensive support system. Franchisees receive ongoing training, marketing resources, and operational support, which can significantly ease the challenges of starting and running a business. Additionally, TeamLogic IT provides a protected territory for your franchise, allowing you to serve your clients without internal competition .

Is TeamLogic IT the Right Franchise for You?

Owning a TeamLogic IT franchise is ideal for individuals with a passion for technology and a desire to help businesses thrive with robust IT solutions. The franchise model is designed for those who are committed to providing high-quality service and support. However, potential franchisees should assess their readiness for the initial investment and ongoing operational requirements, ensuring they align with their personal and financial goals.

TeamLogic IT Franchise Financial Requirements

Below, you’ll find an overview of the initial investment needed to launch the business, along with the ongoing fees required by the franchisor to maintain operations over time.

A broad sector defining similar types of franchise businesses.

Industry

Computer & Internet Franchises
A more specific division within the broader industry.

Category

IT Services
Available financing options to help start the franchise.

Funding Year

2004
The main organization that owns the franchise brand.

Parent Company

Franchise Services Inc.
The key individuals guiding the franchise’s strategy and growth.

Leadership

Don Lowe
The official business address of the franchisor’s headquarters.

Corporate Address

26722 Plaza, Mission Viejo, California 92691
The total amount required to launch the franchise.

Initial Investment

$106,865 - $141,342
The initial fee paid to join the franchise system.

Franchise Fee

$49,500
Ongoing percentage of revenue paid to the franchisor.

Royalty Fee

7%
Regular contribution toward the franchise’s advertising fund.

Marketing Fee

1.20%
The minimum liquid capital you must have on hand.

Cash Required

$106,865 - $141,342
The minimum total assets (minus liabilities) you must possess.

Net Worth Required

$300,000 - $500,000
The typical yearly revenue generated per franchise location.

Average Revenue

$725,000
The middle value of yearly revenue among franchise locations.

Median Revenue

$2,295,473
The smallest reported annual revenue among franchisees.

Lowest Revenue

$27,223
The largest reported annual revenue among franchisees.

Highest Revenue

$16,182,910
The estimated timeframe to recover your initial costs.

Breakeven Time

24 Months
The estimated period to recoup your total investment.

Investment Payback

24 Months

TeamLogic IT Franchise Unit Growth Summary

A breakdown of corporate, franchised, and total units, with yearly net changes shown in the chart and table.

The overall number of operating franchise locations.

Total Units

282
The number of locations owned by independent franchisees.

Franchised Units

282
The number of locations owned and run by the franchisor.

Corporate Units

0
Units 2021 2022 2023
Total Units 243 266 282
Net Change YoY 23 16
Franchised Units 243 266 282
Net Change YoY 23 16
Corporate Units 0 0 0
Net Change YoY 0 0

Company Background

TeamLogic IT is a leading managed services provider specializing in IT solutions for small to medium-sized businesses. Founded in 2005, TeamLogic IT has grown to over 200 locations across the United States, offering a comprehensive range of services, including network management, cybersecurity, cloud services, and IT consulting. With a strong commitment to customer service and innovative technology solutions, TeamLogic IT empowers businesses to optimize their IT infrastructure and enhance productivity.

Franchise Opportunity

Investing in a TeamLogic IT franchise presents an exciting opportunity to tap into the rapidly growing IT services market. As businesses increasingly rely on technology, the demand for reliable IT support has never been higher. Franchisees benefit from a robust support system, established brand recognition, and a proven business model that allows for scalability and profitability. TeamLogic IT provides comprehensive training and resources to help franchisees succeed from day one.

Corporate Structure

TeamLogic IT is a brand under the umbrella of Franchise Services, Inc., which was founded to support the growing demand for IT services in various industries. The corporate headquarters is located in Irvine, California, where they provide ongoing support, training, and resources to franchisees. TeamLogic IT operates under a franchise model, allowing entrepreneurs to leverage the brand’s reputation while maintaining a local presence in their communities.

Royalties

TeamLogic IT franchisees are required to pay a royalty fee of 6% of gross sales, which contributes to the overall marketing and support provided by the franchisor. Additionally, franchisees are expected to contribute 2% of their gross sales towards an advertising fund that helps promote the TeamLogic IT brand on a national scale. These fees ensure that franchisees benefit from a consistent brand image and marketing efforts that drive business growth.

Company Mission

The mission of TeamLogic IT is to provide exceptional IT services that empower businesses to thrive in a technology-driven world. The company is dedicated to delivering innovative solutions, fostering long-term relationships with clients, and ensuring the highest levels of customer satisfaction. TeamLogic IT aims to be the trusted IT partner for businesses, helping them navigate the complexities of technology while enabling them to focus on their core operations.

Brand Story

TeamLogic IT's journey began with the vision of creating a reliable IT services provider that understands the unique challenges faced by small and medium-sized businesses. Since its inception, the brand has focused on building a network of franchise locations that deliver personalized IT support tailored to their communities. Through strategic growth and a commitment to excellence, TeamLogic IT has become a recognized name in the IT services industry, known for its customer-centric approach and innovative technology solutions that drive success for its clients.

Frequently Asked Questions

The initial investment for a TeamLogic IT franchise typically ranges from approximately $136,000 to $221,000. This includes the initial franchise fee and essential startup costs such as equipment, technology, and leasehold improvements.