Nextwave Computers vs Expetec Franchise Comparison

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

Start-Up Costs and Fees
 
Nextwave Computers Franchise
Expetec Franchise
Investment $76,000 - $125,000$82,000 - $123,000
Franchise Fee $25,000$35,000
Royalty Fee 5%12% of Gross Profit
Advertising Fee -3% of Gross Profit
Year Founded 19991992
Year Franchised 20031996
Term Of Agreement 10 years5 years
Term Of Agreement 10 years5 years
Renewal Fee --


Business Experience Requirements
 
Nextwave Computers Franchise
Expetec Franchise
Experience
  • General business experience

  • General business experience
  • Marketing skills
    		•

    Financing Options
     
    Nextwave Computers Franchise
    Expetec 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
     
    Nextwave Computers Franchise
    Expetec Franchise
    Training

    Training is a staple of the Nextwave Franchise System. We offer you the most comprehensive training available today to assist you in managing your franchised location. For as long as you are part of our system your training is a FREE benefit of belonging, not just for you but also for your employees. As your business continues to grow and the need arises for more employees you may send them to the home office for training. You stay focused on your business and our highly qualified team at the home office will send you back an employee with the knowledge and desire needed to be an asset to your organization.

    		-
    Support Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations
    Marketing Ad slicks, Regional advertisingAd slicks, Regional advertising
    Operations 0% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 4

    Absentee ownership of franchise is allowed.

    Number of employees needed to run franchised unit: 3-6

    Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Nextwave Computers Franchise
    Expetec Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Nextwave Computers

    Nextwave Computers is the franchise that is changing the face of the computer and technology industry one store at a time. In this highly competitive market to be successful you have to have and edge, a way of doing business that separates you from all the others and sets you far and away above the competition. For five years Nextwave Computers has raised the standard and been successful in this highly competitive market. Our business plan is proven to work and our history is evidence of our success. Our program is so refined that you don't have to be a computer technician to own a Nextwave Computers Franchise. We'll show you how to hire the right people to make your business a success. With Nextwave Computers you will partner under our master agreements with many industry leaders in the manufacturing business such as Lexmark, Xerox, Okidata, Toshiba and others to perform warranty work on their products. There is no other franchise that has manufacturers driving repair business to their stores bringing with it compensation and new customers. Only Nextwave Computers offers this benefit across the franchise system. We would be remiss if we did not also mention your status as a warranty center for products sold by our competitors such as Staples, Office Depot, Circuit City, People PC and many others. What other business model has its distribution competitors driving business directly to their stores? Only Nextwave Computers offers this benefit across the franchise system.

    About Expetec

    Originally a computer repair franchise organization. Expetec now provides a full range of IT services that small and medium businesses businesses need to be successful in today's marketplace, including network administration, network security, business continuity and web services. Services are delivered by independently-owned franchise organizations across the U.S. and Canada. Each franchisee serves as a virtual IT department, primarily for small-to mid-sized businesses.
    The Advantages of Expetec's Partner Member Program

        -No long term commitment
        -Cost effective
        -Co-branding with industry leader
        -Partnering with company in business since 1996
        -Savings on products and services
        -System-wide operating platform
        -Access to Expetec's operational superiority/brand portal
        -Marketing and sales programs and support
        -Assistance with business development/growth
        -Sharetec: system-wide tech support
        -Tier I, II and III remote support services program
        -Web development program - SEC