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CMIT Solutions
- CMIT Solutions, Inc.
Austin, TX 78746
USA
- (800) 710-2648 / (512) 879-4499
- (512) 692-3711 (Fax)
- Mr. Joseph English, Franchise Development Manager
- [email protected]
CMIT Solutions offers IT-managed services and computer support to small businesses. Franchise can be home-based, as we service the clients remotely or at their place of business.
Franchisor Background
Year Established: 1996
Franchising Since: 1998
Operating Units
| Franchised Units | 153 | 100.0% |
|---|---|---|
| Company-Owned Units | 0 | 0.0% |
| Total Operating Units | 153 | 100% |
Geographic Distribution
| USA | 152 | 98.7% | In 38 States |
|---|---|---|---|
| Canada | 1 | 0.6% | In 1 Provinces |
| International | 1 | 0.6% | In 2 Foreign Countries |
| Total | 154 | 100% |
Multi-Unit Operators
| Multi-Unit Operators | N/A |
|---|---|
| Franchises Owned by Multi-Unit Operators | N/A |
North American Unit Density
| Density | Units |
|---|---|
| New York | 21 |
| New Jersey | 16 |
| Texas | 15 |
Registered in the following Registration States
California, Florida, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, Oregon, Rhode Island, Virginia, Washington, Wisconsin
Back to TopSupport and Training
General Information
| IFA Member | Yes |
|---|---|
| CFA Member | No |
| Franchisee Association? | No |
| Size of Corporate Staff | 17 |
| Site Selection Assistance |
N/A |
| Lease Negotiation Assistance | N/A |
| Financial Assistance | No |
Marketing Support
| Co-Op Advertising | No |
|---|---|
| National Advertising | No |
| Regional Advertising | No |
| Local Advertising | No |
| Other Marketing Support | Centralized marketing services. |
Ongoing Support
| Central Data Processing | Included |
|---|---|
| Central Purchasing | Included |
| Field Operation Evaluation | Included |
| Field Training | Yes, at additional cost |
| Initial Store Opening | N/A |
| Inventory Control | N/A |
| Franchisee Newsletter | Included |
| Regional or National Meetings | Included |
| 800 Telephone Hotline | Included |
Training
| Austin, TX | 2 Weeks |
| Jump Start | 2 Weeks |
Financial Requirements
Investment
| Minimum Net Worth | $350K |
|---|---|
| Cash Investment | $70-100K |
| Total Investment | $128.3-176.5K |
| Average Total Investment | $152K |
Fees
| Initial Franchise Fee | $40K |
|---|---|
| Average Franchise Fee | N/A |
| On-Going Royalty | 6-0% |
| Average Royalty | 3% |
| Advertising Fee | 2-0% |
Site Information and Requirements
| Average Number of Full-Time Employees | 1-2 |
|---|---|
| Average Number of Part-Time Employees | 1-2 |
| Space Needs (in square feet) | None |
| Preferred Site Types | N/A |
| Encourages Conversions | Yes |
| Item 19 (Earnings Claim) Provided? | Yes |
| Listed in the SBA Registry? | Yes |
Franchisee Qualifications
| Financial Net Worth | 2 |
|---|---|
| General Business Experience | 3 |
| Specific Industry Experience | 4 |
| Formal Education | 2 |
| Psychological Profile | 4 |
| Personal Interviews | 4 |
Terms of Contract
| Term of Initial Contract | 10 |
|---|---|
| Term of Renewal Period | 10 |
| Passive Ownership? | Allowed |
| Area Development Agreements? |
Yes, for 10 years |
| Sub-Franchisor Contracts? |
No |
| Franchisees Allowed to Expand Within Territory? | No |
Expansion Plans
| Projected New Units Over Next 12 Months | 16 |
|---|---|
| USA | Yes, All United States |
| Canada | Yes |
| Overseas | No |
