CMIT Solutions vs Device Pitstop Franchise Comparison

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

Start-Up Costs and Fees
 
CMIT Solutions Franchise
Device Pitstop Franchise
Investment $94,470 - $127,350$100,700 - $218,250
Franchise Fee $49,950 - $57,700$25,000
Royalty Fee 6%5%
Advertising Fee 2%$2K/yr
Year Founded 19942013
Year Franchised 19982013
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1000-


Business Experience Requirements
 
CMIT Solutions Franchise
Device Pitstop Franchise
Experience
  • General business experience
  • Proven relationship builder Consultative approach to solving business issues
  • Management experience
    		• -

    Financing Options
     
    CMIT Solutions Franchise
    Device Pitstop Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/Yes-/-
    Start-up Costs No/Yes-/Yes
    Equipment No/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/-
    Payroll No/Yes-/-

    Training & Support
     
    CMIT Solutions Franchise
    Device Pitstop Franchise
    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

    Product knowledge workshops and using the technology systems and tools in our stores. The entire infrastructure of the store is preconfigured and setup for you, but it's imperative you learn the basics behind the systems. We understand that you are not a technician, but as a business owner, you need to be able to know the product, speak the language, and understand the processes that your technicians will go through. This part of the training is actually the section our franchisees really enjoy. On-The-Job Training: 20 hours Classroom Training: 63 hours

    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform

    Ongoing support services include: Grand Opening assistance. Ongoing communication between corporate and franchisees. Planned yearly convention. Continuous networking between franchisees. Personal review of monthly sales figures to ensure proper growth. Continuous research and development. Newsletter Toll-Free Line Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform

    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing

    When you begin your training, you will further explore your store location, merchandising, signage, advertising, and budgeting needs. You will also work with a media buyer on your opening campaign, as well as working with Device Pitstop on a grassroots, local marketing campaign. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app

    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)

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    Expansion Plans
     
    CMIT Solutions Franchise
    Device Pitstop Franchise
    US Expansion YesYes
    Canada Expansion Yes-
    International Expansion No-

    Company Overviews

    About CMIT Solutions

    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.

    The visionary initiative of our administration group, together with the administrations offered by CMIT Solutions, consolidate to make an intense and ground breaking organization that is impeccably situated to end up distinctly the business pioneer in focused markets.

    Many of our most successful franchisees come from other backgrounds, such as finance, sales, marketing, and project management and have learned the IT industry as they go. Most CMIT Solutions’ owners, including the top quartile, had no IT background prior to joining CMIT.
    Veteran Incentives  20% off first-unit franchise fee
    "World     "Entrepreneur
    #124 in Franchise 500 for 2020.
    #198 in Franchise 500 for 2021.

    About Device Pitstop

    Device Pitstop is a unique store that buys, sells, trades, repairs, and upgrades computers and mobile electronic devices. Our "gently-used,” refurbished, or repaired devices are sold at low prices -" for top quality gear!
    Originally founded in Las Vegas in 2003, we currently have ten locations open nationwide, with many others in development. With more new stores opening in the future, it will be easier for you to meet all your computer needs in just one stop.
    Device Pitstop is also a place where you can sell your "gently-used” computers and parts. Device Pitstop will pay you CASH On-the-Spot. There’s no more waiting around or making return trips. Device Pitstop makes selling your old devices easy and either puts the money in your hand before you leave the store, or offers you something to put toward a newer machine.
    We not only offer you a solution to all your computer needs, we offer constantly changing inventory and quality at a much more reasonable price. At Device Pitstop we believe that reusing computers and various parts is the smartest way to recycle.
    Further minimizing the impact on the environment, previously owned computers are either brought back to life or parts are utilized to repair other computers. For computers or parts that have outlasted their useful life, we find a caring home at a local recycling company.
    Find a store here: http://www.devicepitstop.com/store-locator/
    Device Pitstop... we can manage the damage.

    Join the Device Pitstop team and profit from technology growth by providing computing solutions and superior customer service. Become part of a proven business model that offers a diverse range of services and products. Provide customers with outstanding, cutting-edge products and high-end service. Utilize multiple revenue streams in retail and service. Enter the laptop business without being tech experts. Help customers reach all their computing needs while you strengthen your financial future.
    Veteran Incentives  $2,500 rebate on franchise fee