CMIT Solutions

  • CMIT Solutions, Inc.
500 N. Capital TX Hwy., Bldg. 6, # 200
Austin, TX 78746
USA
  • (800) 710-2648 / (512) 879-4499
  • (512) 692-3711 (Fax)

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

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Support 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
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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
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Franchisee Qualifications

Financial Net Worth 2
General Business Experience 3
Specific Industry Experience 4
Formal Education 2
Psychological Profile 4
Personal Interviews 4
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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
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Expansion Plans

Projected New Units Over Next 12 Months 16
USA Yes, All United States
Canada Yes
Overseas No
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Request Information for CMIT Solutions

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