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Below is an in-depth analysis and side-by-side comparison of Tech Hero 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 | $32,300 - $69,400 | $100,700 - $218,250 |
Franchise Fee | $20,000 | $25,000 |
Royalty Fee | - | 5% |
Advertising Fee | - | $2K/yr |
Year Founded | - | 2013 |
Year Franchised | - | 2013 |
Term Of Agreement | - | - |
Term Of Agreement | - | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | The running of a Tech Hero business involves many more factors than simply servicing computers. Accounting, payroll, tax filings, hiring and advertising are some of the added responsibilities. Learning the service end of this business is often easier than learning the administrative end. | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | -/- |
Start-up Costs | -/- | -/Yes |
Equipment | -/- | -/Yes |
Inventory | -/- | -/Yes |
Receivables | -/- | -/- |
Payroll | -/- | -/- |
Training & Support |
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Training | Though tuition is included in the Franchise Fee, travel and living expenses will be charged to the Franchisee. The 5-day Microsoft Certified Systems Administrator course is offered in 230 locations. Travel and living expenses will also be charged to the Franchisee for the 4-day hands-on management training which is conducted in Orlando, Florida. | 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 |
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US Expansion | - | Yes |
Canada Expansion | - | - |
International Expansion | - | - |
� Specialized IT Enterprise Software � Strong e-Business Infrastructure � Integrated Marketing � Automated Part Procurement � Automated Client Billing Marketing Materials Access to a wide range of advertising materials Automated Direct Mail Advertising made effortless with the Tech Hero reminder system Parts Management The best parts at the best prices National Recognition Tech Hero is rapidly becoming a nationally recognized brand Enterprise IT Software State of the art management software Solid Business Support Tap into our strong network of experienced professionals