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Below is an in-depth analysis and side-by-side comparison of Fast-teks vs LaptopXchange including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $45,000 - $60,000 | $156,000 - $215,000 |
| Franchise Fee | $27,750 | $15,000 - $20,000 |
| Royalty Fee | 7% | 5% |
| Advertising Fee | - | - |
| Year Founded | 2003 | 2003 |
| Year Franchised | 2004 | 2008 |
| Term Of Agreement | 7 years | - |
| Term Of Agreement | 7 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | Prior business management experience is required. Good operational skills and management of details are necessary for success. Technological background is not necessary. |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | All franchisees undergo an extensive two-week training program in a corporate store. We will walk you through the details you need to know in order to become a successful entrepreneur. |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
LaptopXchange changed it's name to Device Pitstop http://www.thefranchisemall.com/franchises/details/14686-0-device_pitstop.htm