bannerFranchisor Stories

Franchise Deep Dive: TeamLogic IT’s Franchise Costs, Fees, Profit and Data

The 270+ unit IT consulting franchise concept focuses on serving small local businesses with customized IT solutions and has experienced continued growth.

By Erica InmanStaff Writer
8:08AM 01/27/24

LAST UPDATED: January 2024

FRANCHISE WEBSITE: TeamLogic IT

NUMBER OF LOCATIONS: 270+

REPORTED COST TO GET IN: $111,000 to $148,000

REPORTED ROI (Item 19): $162,369 to $1,898,675 (average gross revenue by quartile)

TeamLogic IT is an IT consulting franchise concept, offering personalized information technology support for each company’s needs. The brand has carved out a niche for itself by focusing on small and medium-sized businesses that don’t quite need the large IT companies to step in, but still require tech support to ensure their systems continue to run smoothly.

How Many TeamLogic IT Locations Are There?

In 2004, Don Lowe, CEO of Franchise Services, Inc. (FSI) saw an opportunity to serve business customers with a national IT franchise; TeamLogic IT was born and started offering franchise opportunities a year later. The brand operates independently from all other FSI brands, but benefits from access to shared resources and expertise.

The brand now has 270-plus locations across the country.

What Is TeamLogic IT’s Business Model?

TeamLogic IT provides information technology solutions to local businesses. Franchisees work closely with small and medium-sized businesses to offer tailored IT solutions that are specifically tailored to fit their needs. 

Franchisees don’t need previous IT experience as training and support are provided by the franchisor. 

How Much Can TeamLogic IT Franchise Owners Make?

Based on the information given in the brand’s 2023 Franchise Disclosure Document (FDD), the average gross revenue for a TeamLogic IT franchise in 2022 by quartile was as follows:

  • First quartile: $1,898,675
  • Second quartile: $797,414
  • Third quartile: $416,769
  • Fourth quartile: $162,369

How Much Does It Cost to Open TeamLogic IT?

The total initial investment necessary to begin operation of a TeamLogic IT franchise ranges from $111,000 to $148,000. This includes a franchise fee of $49,500.

Franchisees are also required to have at least $50,000 in liquid capital and $300,000 in net assets.

What Is the Franchise Fee for TeamLogic IT?

The initial franchise fee required is $49,500. The brand offers a discounted franchise fee of $40,000 for veterans.

Who’s On TeamLogic IT’s Leadership Team?

What Helpful Articles Can I Read to Learn More About TeamLogic IT?

Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction. All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

MORE STORIES LIKE THIS

NEXT ARTICLE