Thriveworks vs Cinch I.T. Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Thriveworks vs Cinch I.T. including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Thriveworks Franchise
Cinch I.T. Franchise
Investment $16,700 - $79,282$100,025 - $124,850
Franchise Fee $10,000 - $20,000$49,000
Royalty Fee 3%-
Advertising Fee 1%-
Year Founded 20082004
Year Franchised 20132019
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Thriveworks Franchise
Cinch I.T. Franchise
Experience -You do NOT need to be a technician or an experienced I.T. professional to run a successful Cinch I.T. top franchises location. As an owner, you will hire technicians to serve your customers. You will reach out to potential customers, learn about their businesses, and offer technology solutions that will make their businesses more efficient, secure, and profitable.

Financing Options
 
Thriveworks Franchise
Cinch I.T. Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Thriveworks Franchise
Cinch I.T. Franchise
Training On-The-Job Training: 1-2 days Classroom Training: 3 days Additional Training: At company-owned center -
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations-
Marketing --
Operations --

Expansion Plans
 
Thriveworks Franchise
Cinch I.T. Franchise
US Expansion YesYes
Canada Expansion --
International Expansion -No

Company Overviews

About Thriveworks

A Thriveworks franchise is a unique turn-key counseling business opportunity unlike anything else in the field. Thriveworks is the country’s fastest growing brand of counseling centers and offers well-qualified franchisees a therapy practice with:

A Thriveworks practice could be the right investment for your career and future.  Are you ready?

The Initial Franchise Fee is $10,000 to convert an existing practice into a Thriveworks center (“Conversion Model”) or $20,000 for a new startup center (“Standard Model”) with exclusive rights to operate in a specific area as defined by the franchisor. Additional franchises will be available for a reduced fee of $5,000 per Franchise.
The total investment necessary to begin operation of a Thriveworks Franchise ranges from $16,700 to $31,800 for a Conversion Model and from $36,100 to $79,282 for a Standard Model which will depend on a number of factors that are fully discussed in Item 7. This includes the Initial Franchise Fee of $10,000 for a Conversion Model or $20,000 for a Standard Model (as discussed in Item 5) that must be paid to Thriveworks Franchising LLC or an affiliate.






About Cinch I.T.

Cinch I.T. franchise owners target clients who employ 10-100 people on average - "the most under-served range. Cinch I.T. was formed to support this under-served market. We have created a trusted national brand capable of delivering fast and friendly I.T. support, enterprise-level security, and professional consultation to help businesses leverage their technology.