TeamLogic IT vs Device Pitstop Franchise Comparison

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

 
TeamLogic IT Franchise
Device Pitstop Franchise
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

 
TeamLogic IT Franchise
Device Pitstop Franchise
Experience
  • General business experience
  • -

    Financing Options

     
    TeamLogic IT Franchise
    Device Pitstop Franchise
      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

     
    TeamLogic IT Franchise
    Device Pitstop Franchise
    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

     
    TeamLogic IT Franchise
    Device Pitstop Franchise
    US Expansion Yes Yes
    Canada Expansion No -
    International Expansion Yes -

    Start-Up Costs and Fees Mobile

    Investment
    TeamLogic IT Franchise
    $106,375 - $146,300
    Device Pitstop Franchise
    $100,700 - $218,250
    Franchise Fee
    TeamLogic IT Franchise
    $45,000
    Device Pitstop Franchise
    $25,000
    Royalty Fee
    TeamLogic IT Franchise
    7%
    Device Pitstop Franchise
    5%
    Advertising Fee
    TeamLogic IT Franchise
    1.2%
    Device Pitstop Franchise
    $2K/yr
    Year Founded
    TeamLogic IT Franchise
    2004
    Device Pitstop Franchise
    2013
    Year Franchised
    TeamLogic IT Franchise
    2005
    Device Pitstop Franchise
    2013
    Term Of Agreement
    TeamLogic IT Franchise
    10 years
    Device Pitstop Franchise
    -
    Renewal Fee
    TeamLogic IT Franchise
    $2K
    Device Pitstop Franchise
    -


    Business Experience Requirements

    Experience
    TeamLogic IT Franchise

  • General business experience
  • Device Pitstop Franchise
    -

    Financing Options

      In-House/3rd Party
    Franchise Fees
    TeamLogic IT Franchise
    No/Yes
    Device Pitstop Franchise
    -/-
    Start-up Costs
    TeamLogic IT Franchise
    No/Yes
    Device Pitstop Franchise
    -/Yes
    Equipment
    TeamLogic IT Franchise
    No/Yes
    Device Pitstop Franchise
    -/Yes
    Inventory
    TeamLogic IT Franchise
    No/Yes
    Device Pitstop Franchise
    -/Yes
    Receivables
    TeamLogic IT Franchise
    No/Yes
    Device Pitstop Franchise
    -/-
    Payroll
    TeamLogic IT Franchise
    No/Yes
    Device Pitstop Franchise
    -/-

    Training & Support

    Training
    TeamLogic IT Franchise
    On-The-Job Training: 6 hours Classroom Training: 38 hours
    Device Pitstop Franchise

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

    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
    TeamLogic IT Franchise
    Ad Templates National Media Social media SEO Website development Email marketing
    Device Pitstop Franchise

    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
    TeamLogic IT Franchise
    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)

    Device Pitstop Franchise
    -

    Expansion Plans

    US Expansion
    TeamLogic IT Franchise
    Yes
    Device Pitstop Franchise
    Yes
    Canada Expansion
    TeamLogic IT Franchise
    No
    Device Pitstop Franchise
    -
    International Expansion
    TeamLogic IT Franchise
    Yes
    Device Pitstop Franchise
    -

    Company Overviews

    About TeamLogic IT

    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.

    Veteran Incentives  $5,000 off franchise fee
    ""      "Entrepreneur
    In Franchise Business Reviews' Top 200.
    #192 in franchise 500 for 2020.
    #200 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.
    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