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Min. Liquid Capital: $50,000
Net Worth Required: $300,000
Initial Franchise Fee: $45,000
Financing Available: Third Party
Training Provided: Yes
No of Existing Units: 175
About Team Logic IT
TeamLogic IT provides outsourced managed IT services targeted to small and medium-sized businesses, using a team of certified technicians. We solve IT problems for our clients; and, more importantly, by acting as advisors and putting the right systems in place, we can help our customers become more efficient and ensure that their business data remains secure and accessible from anywhere. We also happen to be a world-class franchise organization that is 100% focused on franchisee success.
Why Team Logic IT?
Managed IT services make up 41% of TeamLogic IT’s overall revenue, which is a testament to the forward-thinking leadership of the brand’s executive team. For the TeamLogic IT franchise owner, the advantage of managed IT services is a predictable, recurring revenue stream, which gives you peace of mind as you manage and grow your business. Managed IT services offer greater potential profit margins compared to typical repair work that most independent IT businesses rely upon.
Averaging about $150 per month for each employee a company has on payroll, our average managed IT services contract brings in about $2,300 per month. For the customer, managed IT services mean there will be virtually no downtime. Potential IT challenges are identified and often fixed before they have time to become major problems. In addition to our managed IT services segment, TeamLogic IT franchise owners benefit from offering services that diversify their businesses, increase profitability and foster growth.
You do not need to be an engineer or a long-time IT professional to run a successful TeamLogic IT franchise. 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. You will manage a team of technicians, but you won’t act as one.
Training And Support
TeamLogic IT provides new owners a week of classroom training at our headquarters in Mission Viejo, CA, and an additional 27 hours of pre-opening training that is conducted online or through webinars and phone consultation. The training focuses on the company’s four operating systems: Employee Management, Financial Management, Sales & Marketing Management and Technical Management. Operations and training manuals are provided to support and reinforce the training and serve as an ongoing reference.
“A huge advantage is that we (TeamLogic IT) have a national footprint. Thanks to the network, it’s like I have 200 engineers on staff. If you manage them right, rather than fall out of the tree trying to be a superhero, they will raise their hands and say, ‘there are 200 of me out here. Hey guys, have you ever seen this before?’ It becomes a fraternity of superheroes. You want to talk about a resource? That is a remarkable knowledge base.” - Drayton Mayers TeamLogic IT, Memphis, TN