Franchise Summary
Description
The franchised business is to operate a technology sales, repair and service business under the trade name “NerdsToGo,” offering a wide variety of computer technology services and computer technology products primarily to residential computer users and small and medium-sized businesses.
Company Background
NerdsToGo is a tech company that provides computer services to residential and small business customers. Our techs are trained to fix any problem your personal or work laptop, desktop, tablet, or phone might have. From virus removal to hardware repair, our technicians are here for you! We also sell laptops and desktops at competitive prices with no tax outside of the state of Kentucky.
Franchise Opportunity
Small businesses and residential computer users need a reliable, affordable technology sales, repair and service business that they can trust. Technology can be confusing and frustrating, especially when you're not sure who to turn to for help. You need a business that you can rely on to provide the best products and services possible. NerdsToGo is that business. We have the latest in computer technology products and services, as well as the experience and expertise necessary to help you get the most out of your technology. We're here to help you stay connected and productive - whether at home or at work.
Corporate Structure
GTN Capital Group LLC is a Connecticut limited liability company. They were formed on November 4, 2015. Their principal business address is 1250 Boston Post Rd # 4, Guilford, CT 06437.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Computer Products and Services Industry$962,965 / unit
Franchise Type: Standard
Average Revenue During 2020
Franchise Types Available
| # | Type | Investment | Fees |
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NerdsToGo Franchise System Development in 2024
FAQ
How much investment do I need to start my own NerdsToGo business?
Franchisees typically require at least $92,812 to $129,858 investment to get their NerdsToGo business started
What are the initial franchise fees for NerdsToGo?
Franchisees typically need to pay at least $60,950 in fees directly to NerdsToGo in order to earn the right to launch their business
How much money can I make with a NerdsToGo franchise? What are
the average revenues for a typical NerdsToGo business?
We estimate that the average revenue of an individual
NerdsToGo unit is approximately
$962,965. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a NerdsToGo unit? What
is my contractual commitment?
NerdsToGo franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$92,812 to $129,858
which is
Much Lower
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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