CMIT Solutions
Provides outsourced IT professional and managed services, plus related product and service offerings, primarily for small businesses and also for residential customers.
Your franchise match score
Technology
Brand highlights
- CEORoger Lewis
- Headquarters9433 Bee Caves Road, Austin, TX, 78733
- Year founded2009
- Year started franchising2010
- IndustryTechnology
- Locations open241 (+56 last three years)
Statistics & metrics
- Investment range$122,570 - $165,450
- Franchise fee$49,950
- Royalty6% of Gross Professional Services (“GPS”) Revenue (defined in Note (2)), subject to a Minimum Royalty, which starts 12 months after you complete the Training Program if you are a new franchisee (see Note 3)
- Brand fund2% of GPS Revenue(2), subject to a Minimum MDF Contribution, which starts 12 months after you complete the Training Program if you are a new franchisee (see Note 7)
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Technology industry:
Technology franchises include IT support, computer repair, and digital marketing. As technology becomes integral to daily life, this sector offers opportunities for tech-savvy entrepreneurs.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2021-04-13
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about CMIT Solutions, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of CMIT Solutions's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving CMIT Solutions, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a CMIT Solutions franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information CMIT Solutions provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 241 |
| Franchise locations | 241 |
| Corporate locations | 0 |
System growth over time
FAQs
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