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Below is an in-depth analysis and side-by-side comparison of Gemma Business Brokers vs Cinch I.T. including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $79,225 - $119,225 | $100,025 - $124,850 |
Franchise Fee | $37,000 | $49,000 |
Royalty Fee | 8% Annual min. $10,000 | - |
Advertising Fee | 2% | - |
Year Founded | 1998 | 2004 |
Year Franchised | 2009 | 2019 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | You do NOT need to be a technician or an experienced I.T. professional to run a successful Cinch I.T. top franchises location. As an owner, you will hire technicians to serve your customers. You will reach out to potential customers, learn about their businesses, and offer technology solutions that will make their businesses more efficient, secure, and profitable. |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/- |
Equipment | -/- | -/- |
Inventory | -/- | -/- |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | - | - |
Support | The Gemma CRM platform helps you: o Manage accounts and contacts, giving you a complete customer picture at a glance o Track sales opportunity-related data including milestones, decision makers, customer communications, and key documentation throughout Gemma's standardized sales process. o Provide Analytics: Get the real-time status of your business at a glance with key reports on value of your pipeline and revenue forecasts o Develop Email Marketing Tools: tools and templates are provided to help build, manage, and track email blasts as well as individual email communications to help generate new leads | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | No |
With a Gemma Business Broker Franchise, you choose where you want to work. Some franchisees choose a home office, others share a rented space.
Our proprietary back office system allows you to stay connected with the company, as well as with your growing list of clients and prospects. A custom CRM (customer relationship management) tool provides the services you need.
It’s never been more affordable to develop a successful business brokerage. With the knowledge and systems from an experienced leader, Gemma Business Brokers, is behind you and with you all the way.
Cinch I.T. franchise owners target clients who employ 10-100 people on average - "the most under-served range.
Cinch I.T. was formed to support this under-served market. We have
created a trusted national brand capable of delivering fast and friendly
I.T. support, enterprise-level security, and professional consultation to help businesses leverage their technology.