10/10

Franchimp Summary Rating

10 /10
Lower than 9% of peers

Franchise Summary

Company Background
ITM SOLUTIONS is a leading provider of self-service kiosks for the financial services industry with over 3,500 locations in the U.S., Canada and Europe. Our self service kiosk franchise provides an opportunity to own your very own ITM Solutions Kiosk business! With no upfront costs or long term commitments, you can be on your way to building a solid business that will provide you with both personal satisfaction and financial security. Our company offers our clients three different options: 1) A single location with one machine at $5,000 2) A 10 unit package which includes ten machines at $50,000 3) An unlimited number of units with unlimited machines for $150,
Franchise Opportunity
The problem that ITM Solutions solves is the lack of convenient, self-service options for customers to pay bills, transfer money and purchase goods. Customers are looking for more convenient ways to take care of their business and personal needs and they don't have time to wait in line or deal with hassles. ITM Solutions provides a unique opportunity for franchisees to offer customers the ability to take care of their business needs without having to leave home or work. With our self service kiosks, customers can quickly and easily pay bills, transfer money and purchase goods without having to wait in line or deal with frustrating customer service experiences.

FAQ

How much investment do I need to start my own ITM Solutions business?
Franchisees typically require at least $153,500 to $219,900 investment to get their ITM Solutions business started
What are the initial franchise fees for ITM Solutions?
Franchisees typically need to pay at least $15,000 in fees directly to ITM Solutions in order to earn the right to launch their business
How much money can I make with a ITM Solutions franchise? What are the average revenues for a typical ITM Solutions business?
We haven’t done the math on how much revenue a typical ITM Solutions brings in each year. We estimate that other franchisees in the Professional Services industry generate $932,459 revenue, so we would expect ITM Solutions to generate a similar amount
How long do I need to commit to running a ITM Solutions unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

10 /10
The Franchisor's investment costs ranges from $19,500 to $62,000 which is Much Lower than the $0 to $0 average in the Business-Related industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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