Fast-teks vs Device Pitstop Franchise Comparison

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

Start-Up Costs and Fees

 
Fast-teks Franchise
Device Pitstop Franchise
Investment $45,000 - $60,000 $100,700 - $218,250
Franchise Fee $27,750 $25,000
Royalty Fee 7% 5%
Advertising Fee - $2K/yr
Year Founded 2003 2013
Year Franchised 2004 2013
Term Of Agreement 7 years -
Term Of Agreement 7 years -
Renewal Fee - -


Business Experience Requirements

 
Fast-teks Franchise
Device Pitstop Franchise
Experience - -

Financing Options

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

Training & Support

 
Fast-teks Franchise
Device Pitstop Franchise
Training -

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 -

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 -

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 - -

Expansion Plans

 
Fast-teks Franchise
Device Pitstop Franchise
US Expansion - Yes
Canada Expansion No -
International Expansion No -

Start-Up Costs and Fees Mobile

Investment
Fast-teks Franchise
$45,000 - $60,000
Device Pitstop Franchise
$100,700 - $218,250
Franchise Fee
Fast-teks Franchise
$27,750
Device Pitstop Franchise
$25,000
Royalty Fee
Fast-teks Franchise
7%
Device Pitstop Franchise
5%
Advertising Fee
Fast-teks Franchise
-
Device Pitstop Franchise
$2K/yr
Year Founded
Fast-teks Franchise
2003
Device Pitstop Franchise
2013
Year Franchised
Fast-teks Franchise
2004
Device Pitstop Franchise
2013
Term Of Agreement
Fast-teks Franchise
7 years
Device Pitstop Franchise
-
Renewal Fee
Fast-teks Franchise
-
Device Pitstop Franchise
-


Business Experience Requirements

Experience
Fast-teks Franchise
-
Device Pitstop Franchise
-

Financing Options

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

Training & Support

Training
Fast-teks Franchise
-
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
Fast-teks Franchise
-
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
Fast-teks Franchise
-
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
Fast-teks Franchise
-
Device Pitstop Franchise
-

Expansion Plans

US Expansion
Fast-teks Franchise
-
Device Pitstop Franchise
Yes
Canada Expansion
Fast-teks Franchise
No
Device Pitstop Franchise
-
International Expansion
Fast-teks Franchise
No
Device Pitstop Franchise
-

Company Overviews

About Fast-teks

More than ever before, small and medium-sized businesses are seeking a complete IT solution for all their needs. As mobile and web platforms develop and businesses rely more on technology, outsourcing of computer specialists will continue to grow. Fast-teks delivers proactive computer and network maintenance services designed to reduce costs, increase profits and mitigate business risk.
We are seeking professionals that possess strong management and sales skills. Our franchise owners do not need prior computer-related experience to be successful. In fact, our top producing franchises have come from various industries unrelated to technology. Our owners do not fix or repair computers. Fast-teks franchise owners manage a staff of technicians that travel to and conduct all of our services remotely or at the site of the client.


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