CMIT Solutions vs iDropped Franchise Comparison

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

Start-Up Costs and Fees

 
CMIT Solutions Franchise
iDropped Franchise
Investment $94,470 - $127,350$60,100 - $119,089
Franchise Fee $49,950 - $57,700$30,000
Royalty Fee 6%6%
Advertising Fee 2%2%
Year Founded 19942012
Year Franchised 19982014
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $1000-


Business Experience Requirements

 
CMIT Solutions Franchise
iDropped Franchise
Experience
  • General business experience
  • Proven relationship builder Consultative approach to solving business issues
  • Management experience
  • -

    Financing Options

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

    Training & Support

     
    CMIT Solutions Franchise
    iDropped 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 On-The-Job Training: 40 hours Classroom Training: 40 hours
    Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection
    Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing 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)

    Number of Employees Required to Run: 1 - 3

    Expansion Plans

     
    CMIT Solutions Franchise
    iDropped 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 iDropped

    iDropped provides fast, on-site mobile device repair for the most popular brands of mobile device. iDropped strives to mend phones in an hour or less and other electronic devices within 24 hours. Each device goes through a rigorous pre-repair and post-repair checkpoint to ensure complete functionality before it is returned to the customer. iDropped uses the highest quality parts and supplies and supports each repair with a one-year warranty.
    The  iDropped cell phone repair business is a very lucrative business, and by operating an  iDropped franchise, you can enter this business model successfully.

    Veteran Incentives  10% off franchise fee