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Below is an in-depth analysis and side-by-side comparison of TeamLogic IT vs Device Pitstop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $106,375 - $146,300 | $100,700 - $218,250 |
Franchise Fee | $45,000 | $25,000 |
Royalty Fee | 7% | 5% |
Advertising Fee | 1.2% | $2K/yr |
Year Founded | 2004 | 2013 |
Year Franchised | 2005 | 2013 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $2K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | -/Yes |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 6 hours Classroom Training: 38 hours | 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 | Ad Templates National Media 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 |
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 |
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US Expansion | Yes | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
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.