Franchimp Summary Rating
Higher than 71% of peers
Franchise Summary
Description
The franchisor offers a franchise to provide technology service solutions to public and private primary and secondary schools. The technology services include, but are not limited to: repairing, selling and disposing of computers, notebooks and other electronic devices, managed service solutions for computer networks, training and other related services. They offer a territory based on the size and demographics of the market the franchises are located in.
Corporate Structure
K-12 Tech Franchising, LLC is a Delaware limited liability company that was organized on December 13, 2017. Their principal business address is 7100 East Pleasant Valley Road Suite 300 Independence, Ohio 44131. They have been offering franchises for K-12 Tech Businesses since December 2017.
Investment and Franchisee Fees
The total investment required to establish a K-12 Tech Business ranges from $32,950 to $70,400. This includes $19,900 to $41,900 which is payable to the franchisor or their affiliates.
FAQ
How much investment do I need to start my own K-12 Tech business?
We aren't sure how much money you will need to start a K-12 Tech franchise. However, we can tell you that franchisees also operating in the Professional Services industry typically require $47,698 to $93,764 investment to start their franchise
What are the initial franchise fees for K-12 Tech?
We don't know exactly how much the franchise fees are for K-12 Tech, but we can tell you that other franchises in the Professional Services sector typically need to pay between $11,266 and $16,444 to the
franchisor
How much money can I make with a K-12 Tech franchise? What are
the average revenues for a typical K-12 Tech business?
We haven’t done the math on how much revenue a typical
K-12 Tech brings in each year. We estimate that other
franchisees in the Professional Services industry generate
$932,459 revenue, so we would expect
K-12 Tech to generate a similar amount
How long do I need to commit to running a K-12 Tech unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$101,950 to $154,950
which is
Much Higher
than the $0 to $0 average in the Computer Products and Services 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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