TeamLogic IT vs Fast-teks Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of TeamLogic IT vs Fast-teks including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
TeamLogic IT Franchise
Fast-teks Franchise
Investment $106,375 - $146,300$45,000 - $60,000
Franchise Fee $45,000$27,750
Royalty Fee 7%7%
Advertising Fee 1.2%-
Year Founded 20042003
Year Franchised 20052004
Term Of Agreement 10 years7 years
Term Of Agreement 10 years7 years
Renewal Fee $2K-


Business Experience Requirements
 
TeamLogic IT Franchise
Fast-teks Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    TeamLogic IT Franchise
    Fast-teks Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/YesNo/No
    Payroll No/YesNo/No

    Training & Support
     
    TeamLogic IT Franchise
    Fast-teks Franchise
    Training On-The-Job Training: 6 hours Classroom Training: 38 hours -
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform -
    Marketing Ad Templates National Media Social media SEO Website development Email marketing -
    Operations 50% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3 - 5

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    TeamLogic IT Franchise
    Fast-teks Franchise
    US Expansion Yes-
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About TeamLogic IT

    TeamLogic IT understands that your success is our success. We make certain you are trained and prepared to confidently open your business. Then we continue to provide all the service and consultation, both business and technical, that will help your business grow. With TeamLogic IT you are never on your own. We are committed to your support, and your success, every step of the way. Step up to the future you want. Opportunities that fit your business skills and personal goals are not always readily available. The distinctive advantage of TeamLogic IT - the strength of a national brand, a cutting-edge technological advantage, the support of an experienced organization - provide an excellent vehicle to achieve the dream of business ownership. Success is now within reach. Find out if owning a TeamLogic IT is the right path for you.

    Veteran Incentives  $5,000 off franchise fee
    ""      "Entrepreneur
    In Franchise Business Reviews' Top 200.
    #192 in franchise 500 for 2020.
    #200 in franchise 500 for 2021.


    About Fast-teks

    More than ever before, small and medium-sized businesses are seeking a complete IT solution for all their needs. As mobile and web platforms develop and businesses rely more on technology, outsourcing of computer specialists will continue to grow. Fast-teks delivers proactive computer and network maintenance services designed to reduce costs, increase profits and mitigate business risk.
    We are seeking professionals that possess strong management and sales skills. Our franchise owners do not need prior computer-related experience to be successful. In fact, our top producing franchises have come from various industries unrelated to technology. Our owners do not fix or repair computers. Fast-teks franchise owners manage a staff of technicians that travel to and conduct all of our services remotely or at the site of the client.