CMIT Solutions
Yes, we actively support the inclusion and development of minority-owned franchises in the CMIT Solutions system.
CMIT Solutions
1701 Directors Blvd., # 300
Austin, TX 78744
800#: (800) 710-2648
Tel: (512) 692-3710
Fax: (512) 692-3711
E-mail: franchise@cmitsolutions.com
Web Site: www.cmitsolutions.com
Contact: Ms. Sara Harris, VP Franchise Development
Offers IT service and computer support to small businesses. Franchise can be home-based, as we service the client at their place of business.
Franchisor Background
Established: 1994
First Franchise: 1998
Franchise Units: 125
Company-Owned Units: 0
Total Units: 125
Distribution:
> North America -- Operations in 32 States
> States/Provinces with Greatest Density: NR
Units Owned by Minorities:
>African-American: 3%
>Hispanic: 0%
>Asian-American: 2%
>Native American: 0%
>Other: 2%
Average Number of Employees: 6-10 PT (FT = Full Time, PT = Part Time)
Space Needs: NR SF; NA
(for abbreviations click here)
Financial Requirements
Cash Investment: $100-150KK
Total Investment: $100-150K
Average Total Investment: $100K
Minimum Net Worth: $200K
Fees
>Franchise: $39.5K/Terr.
>Average Franchise Fee: $45K
>Royalty: 6%
>Advertising: 2%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements:Yes
Sub-Franchising Contracts: No
Expand In Territory:No
Franchisor Support and Training Provided
Site Selection Assistance:NA
Lease Negotiation Assistance: NA
Cooperative Advertising: NA
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 15
On-Going Support: A,B,C,d,H,I (for an explanation click here)
Training: Pre-Training Plus 1 Week Session in Austin, TX.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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