TeamLogic IT vs LaptopXchange Franchise Comparison

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

Start-Up Costs and Fees
 
TeamLogic IT Franchise
LaptopXchange Franchise
Investment $106,375 - $146,300$156,000 - $215,000
Franchise Fee $45,000$15,000 - $20,000
Royalty Fee 7%5%
Advertising Fee 1.2%-
Year Founded 20042003
Year Franchised 20052008
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $2K-


Business Experience Requirements
 
TeamLogic IT Franchise
LaptopXchange Franchise
Experience
  • General business experience
    		• Prior business management experience is required. Good operational skills and management of details are necessary for success. Technological background is not necessary.

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

    Training & Support
     
    TeamLogic IT Franchise
    LaptopXchange Franchise
    Training On-The-Job Training: 6 hours Classroom Training: 38 hours All franchisees undergo an extensive two-week training program in a corporate store. We will walk you through the details you need to know in order to become a successful entrepreneur.
    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
    LaptopXchange Franchise
    US Expansion Yes-
    Canada Expansion No-
    International Expansion Yes-

    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 LaptopXchange

    LaptopXchange changed it's name to Device Pitstop http://www.thefranchisemall.com/franchises/details/14686-0-device_pitstop.htm