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Below is an in-depth analysis and side-by-side comparison of CMIT Solutions vs 1800FIX.com including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $94,470 - $127,350 | $77,600 - $203,800 |
Franchise Fee | $49,950 - $57,700 | $20,000 - $25,000 |
Royalty Fee | 6% | 7% |
Advertising Fee | 2% | 2% |
Year Founded | 1994 | - |
Year Franchised | 1998 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1000 | - |
Business Experience Requirements |
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Experience | We are looking for highly motivated, business minded people searching for independent ownership. The ideal candidate will be excited about the opportunity to build a highly successful cell phone and computer repair business. 1800FIX.com is ideal for someone who understands consumer electronics and is able to multi task in a busy retail environment Prior technical experience in the field is not necessary. Our franchisees must be financially qualified. | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | First, you'll attend an on-site franchisee training program at our home office in Austin, Texas. The agenda is packed with information on service methodology, recruiting and interviewing skills, commanding top margins, marketing and sales best practices, and more. We'll show you how to build a professional business with recurring revenue streams. We offer interactive, hands-on training to fine-tune the skills you'll need most in your new computer services career. Classroom Training: 82.5 hours Additional Training: 2 weeks onsite in Austin, TX | *2 full weeks of training at our corporate office location in the Bronx, NY. The training is a comprehensive training program giving you all the knowledge that you need to open and operate your 1800FIX.com business *One day of onsite guidance at the time of your store opening. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | *site selection approvals *store opening assistance *training *ongoing consultation *marketing programs *materials |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing | - |
Operations |
Franchise can be run from home. 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 10
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | No | - |
We are innovation masters and besides, are master guides who know how to offer assistance. Our national system of CMIT Technicians help individuals capitalize on their innovation speculations, regardless of whether in the work environment or at home.
CMIT Solutions gives mission basic outsourced IT administrations to organizations of all sizes. Since 1996, we've been building long haul associations with our clients and helping them develop.
New opportunities in the cell phone and consumer electronics repair industries are a result of rapid advances in wireless mobile and computer technology. But unlike in the past, when people had a problem with their cell phone, laptop or game system and just went out to replace it with a new one, people are now looking to repair or trade their devices to reduce cost. This is especially true in today's market, with the high price of cell phones and the recent Smartphone equipment phenomenon that has flooded the marketplace. People and businesses now have much more limited options when these expensive devices break or are damaged. 1800FIX.com understands the frustration that comes with this and has built a strong, highly recognizable business and brand over a fifteen year period that is engaged in the repair, purchase, sale and trading of consumer electronics and related accessories, such as cell phones, computers, cameras, tablets, iPods and game systems, in addition to offering great pre-paid cellular services. Now we are bringing this unique, growth oriented business model to the franchise marketplace so that others can enjoy the opportunities that a 1800FIX.com store can offer.