Investment
We Keep the Barrier to Entry Low
So You Can Stay Focused on Running and Growing Your Business
We’ve made it financially easy to buy your franchise. In addition to a relatively small initial franchise fee, you only need one leased or owned company vehicle, a non-retail office, and one employee to get started. This low overhead lets you focus on learning and building the business. Read more about what you’ll need to get started.
What will it cost to open a TeamLogic IT business?
| Initial Franchise Fee | $35,000 |
| Vehicle Expense: | $210 to $300 a month if leased; $16,590-$22,000 if purchased |
| Vehicle Graphics Package: | $3,000 |
| Initial Equipment Package: | $3,500 to $5,000 |
| Software Licenses: | $2,000 to 3,500 |
| Additional Funds*: | $60,000-$80,000 |
| Required Liquidity: | $50,000 |
| Required Net Worth: | $300,000 |
*Additional Funds is an estimate of the money needed for initial employee wages, utility deposits, insurance, initial advertising, legal and accounting fees, permit costs, dues (including dues for being a member of local community groups such as the Chamber of Commerce) apparel, recruitment, miscellaneous training expenses, high speed internet connection set up, initial inventory of computer supplies, as well as additional operating capital for other variable costs (e.g. rent, electricity, telephone and heat), cleaning and other supplies. Additional Funds reflect an estimate of the working capital you will need on hand during the initial phase of business operations.
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