TeamLogic IT Franchise FDD, Costs & Fees (2024)

KEY FRANCHISE STATS

All you need to know about this franchise in a snapshot

Initial franchise fee
$49,500
Investment required
$107,000 - $141,000
Royalty fee
7.00%

TeamLogic IT: Empowering Businesses with Comprehensive Technology Solutions

Founded in 2004, TeamLogic IT has established itself as a premier provider of managed IT services, offering tailored technology solutions to small and medium-sized businesses across the United States.

The company began franchising in 2005 and has since expanded to over 200 locations nationwide, delivering services such as data backup and recovery, network architecture, cloud computing, and cybersecurity.

Headquartered in Mission Viejo, California, TeamLogic IT differentiates itself through a comprehensive, solutions-based approach that emphasizes proactive IT management.

By focusing on preventing issues before they arise, the company ensures clients experience minimal downtime and enhanced operational efficiency. This commitment to reliability and personalized service has earned TeamLogic IT recognition as a top technology franchise.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

Type of Expenditure Amount
Initial Franchise Fee $40,000 - $49,500
Help Desk Service Fee $1,200
Vehicle Lease and Graphics $0 - $450 (lease) / $100 - $3,000 (graphics)
Initial Equipment $4,125 - $7,400
Real Estate Leasehold Improvements (Monthly Rent) $900 - $1,700
Additional Funds (10 to 12 months) $60,540 - $78,092
Total Initial Investment $106,865 - $141,342

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Number of units

2024
Franchised units

243

266

282

Company-owned units

0

0

0

Total units

243

266

282

Franchise Disclosure Document

Training

TeamLogic IT provides extensive initial and ongoing training to franchisees to prepare them for successful operations.

The franchisor's initial training program includes up to six days of classroom instruction at their headquarters in Mission Viejo, California, covering topics such as technology management, employee management, marketing, sales management, and financial management.

Additional pre-opening training (26 hours) and post-opening training (61 hours) are delivered through online platforms, webinars, and phone consultations.

Training materials include a Brand Standards and Operations Manual, printed handouts, audio/visual presentations, and interactive activities like role-playing and case studies.

The cost of initial training for up to two participants is included in the franchise fee, covering travel, lodging (one hotel room), and some meals. However, additional participants or delayed attendance may incur extra expenses.

Territory Protection

TeamLogic IT provides a defined territorial protection to its franchisees to ensure operational exclusivity within their assigned area. Franchisees are granted the right to establish and operate their business within a specified territory outlined in a Territory Designation Sheet.

During the term of the franchise agreement, TeamLogic IT commits to not open, own, or franchise another TeamLogic IT business within this designated territory, ensuring that the franchisee does not face direct competition from the franchisor or other franchisees in that region.

While franchisees enjoy exclusive rights within their territory, certain exceptions exist. For example, TeamLogic IT reserves the right to market and sell services outside the designated territories, including through National Account arrangements.

Additionally, franchisees may service clients in other territories, as long as they do not infringe on National Account clients, creating opportunities for collaborative operations among franchisees while maintaining territorial integrity.

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