- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$148K - $284K
- Units as of 2024
-
2 0.0% over 3 years
Company Overview
About Tech Hospital
| Industry | Tech Businesses |
|---|---|
| Related Categories | Electronics Repairs/Sales, Miscellaneous Tech Businesses |
| Founded | 2018 |
| Leadership | Barry Le Roux, CEO |
| Corporate Address |
130 Corridor Rd., #1759 Ponte Vedra Beach, FL 32004 |
Business Overview
| Franchising Since | 2024 (0 years) |
|---|---|
| # of employees at HQ | 4 |
| Where seeking |
This company is offering new franchises worldwide. This company is offering new franchises in the following US states: Alaska, Alabama, Arkansas, Arizona, Colorado, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Pennsylvania, Tennessee, Vermont, West Virginia, Wyoming |
| # of Units | 2 (as of 2024) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Tech Hospital franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
|
Initial Franchise Fee
|
$35,000 |
|---|---|
|
Initial Investment
|
$148,425 - $284,483 |
|
Net Worth Requirement
|
$500,000 |
|
Cash Requirement
|
$150,000 |
|
Veteran Incentives
|
$5,000 off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Tech Hospital has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 40-42 hours |
|---|---|
| Classroom Training | 86-88 hours |
| Ongoing Support |
Purchasing Co-ops
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
Social Media
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | No |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 1-2 |
|
Are exclusive territories available?
|
Yes |
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