CMIT Solutions Franchise Analysis

franchise logo

CMIT Solutions is graded based on our most recent FDD research!

Franchise Info

CMIT Solutions offers IT services primarily to small businesses.

How much does an CMIT Solutions business cost to open?

CMIT Solutions has an initial franchise fee of up to $54,950, with a overall initial investment range of $101,950 to $154,950.

  • Initial Franchise Fee: $54,950
  • Total Investment: $101,950 to $154,950
  • Working Capital: $38,500 to $78,500
  • Royalty Fee: 6.0%

The initial cost of any franchise opportunity includes many fees. Explore this investment opportunity to better understand the initial costs required to buy an CMIT Solutions, such as franchise fees, leasehold improvement costs, grand opening marketing, and furniture and fixtures purchases. It should be noted that, franchisors are required to disclose all initial fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay.

Can you Afford This Franchise. Complete our Affordability Calculator to find out!

How much does an CMIT Solutions owner make?

As with any new business, the franchise owner's salary and the profits from a CMIT Solutions business depends on a lot of different factors. One way to validate the potential revenues or profits earned from a CMIT Solutions franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. Typically, profits and owner's income are equitable to the size of the investment and number of locations you purchase. Demand for your products, your labor costs, commercial lease rates and several other variables also play a huge role in your profit margin and your personal salary

For additional information and franchise specific on the profits of an CMIT Solutions franchise opportunity, unlock this franchise

How many franchise locations does CMIT Solutions franchise system have?

As of the 2024 Franchise Disclosure Document, there are 255 franchised CMIT Solutions locations across the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any CMIT Solutions franchise opportunities near me?

Based on 2024 FDD analysis, CMIT Solutions has franchised locations in 35 states. There may be no locations in several states as each franchise company plans their growth strategy differently. Specific states also require franchise companies to register their franchise opportunity and file their Franchise Disclosure Document (FDD) with state examiners prior to offering franchise opportunities to residents in that state. These registration states have examiners review a franchisor's FDD to ensure it satisfies state regulatory requirements. In addition to registration states, additional states have enacted supplemental franchise or business opportunity laws that require franchise companies to provide their franchise within the state. In most instances the filing is a notice within the state. Unlike franchise registration states, the franchise filing states do not examine a franchisor's FDD.

AL
AZ
CA
CO
CT
FL
GA
IA
ID
IL
IN
KS
KY
LA
MA
MD
MI
MN
MO
NC
NE
NJ
NY
OH
OK
PA
SC
SD
TN
TX
UT
VA
WA
WI
WY

Based on the data collected this franchise opportunity is growing into new locations and might be available in your city.

One of our consultants will have detailed knowledge about this franchise opportunity. Sign up to learn more and connect with our experts.

Last Reviewed: 2024

Sector: Business Services

Category: Technology

CMIT Solutions Franchise INFORMATION

Total Investment
$101,950 - $154,950
Franchise Fee
$54,950
Franchise agreement
Initial Term
10 Years
Renewal Term
10 Years
Franchise outlet growth
2013
139
2023
255
Ongoing fees
Royalty
6.0%
ad fees
2.0%
# of franchised outlets
255

EXTRA INFORMATION

Do they provide any initial training and opening assistance?

Yes, they have an initial training program of 60.00 hours. This includes 60.00 hours of classroom training, 0.00 hours of on-the-job training, and hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online
On-the-Job 0.00
Classroom 60.00
Total 60.00

Do they provide Territory Rights?

CMIT Solutions does NOT offer territory protections. For an explanation of territory rights, unlock this franchise for important details.

Do they have marketing and technology support in place?

Yes, CMIT Solutions offers comprehensive support for franchisees. Unlock this franchise to find out more.


How long ago did CMIT Solutions start franchising?

They began franchising in . The average Technology franchise began franchising in 2012.


Do they offer lending options?

0, but you can click here to fill out our affordability calculator and understand your financing options.

Create your FREE account to access additional data on CMIT Solutions, and more!
Franchise Grade is committed to providing advisory services that can help you make confident franchise investment decisions.
Finding the best franchise means reviewing several franchise brands to determine the ideal fit for you.
Unlock this franchise for instant access to our research findings, including:
  • Growth projections
  • Turnover projections
  • Financial transparency
  • Initial and renewal terms
  • Royalties and ongoing fees
  • Important Franchise FAQs
Need more reasons?
  • Our grade and free access to consult with a franchising expert
  • What are the historical franchisee earnings?
  • Do they provide Veteran or First Responder discounts?
  • Do they use public figures to promote their franchise?
  • Do they disclose any bankruptcies?
  • Are they affiliated with any other franchise brands or private equity investment groups?
  • How many new outlets have they opened in the last 5 years?
  • How many franchised outlets have closed in the last 5 years?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised outlets have terminated in the last 5 years?
  • Do they operate any corporate or affiliate owned outlets?
  • How long is their initial and renewal term lengths?
  • How do they solve franchise disputes?
  • How long has the franchisor been in business?
  • Are they expanding internationally?
  • How are the royalty, advertising and marketing funds administered and managed by the franchisor?
  • How are territories defined?
  • What is the role of technology in the operation of the franchise?
  • Why has new franchise outlet growth been so low?
  • What are the critical requirements for operating a successful franchised location in this system?
  • Are you required to work in the outlet or is this a passive investment opportunity?
  • Will they refund the franchise fee under certain circumstances?
Access is 100% free, instant, and unlimited!