- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$100K - $125K
- Units as of 2023
-
12 100.0% over 3 years
Clinch I.T. is an I.T. service provider headquartered in Worcester, Massachusetts. Founded in 2004, Cinch I.T.'s primary focus has been to deliver quality I.T. services to all businesses, regardless of their size. Each franchise's elements are expected to provide the fastest and friendliest I.T. services while paying keen attention to network security.
Customers who use Clinch I.T. services may benefit from flexible I.T. support plans, advanced network security, consultation services, cloud computing, and continued backup plans. Since its inception, Clinch I.T. has taken pride in creating long-lasting customer relationships with its clients, which it believes is crucial to future success.
Since beginning to franchise in 2019, Cinch I.T. has opened several franchises across the United States.
Why You May Want to Start a Cinch I.T. Franchise
You do not necessarily need to have an I.T. background to become a Cinch I.T. franchisee. Instead, the company is looking for people who have excellent management and digital skills. The platform is suitable for anyone who wishes to venture into technological investment, but does not know where to start.
Cinch I.T. emphasizes growing healthy customer/clients relationships. Potential franchisees are expected to do the same.
Opening a Cinch I.T. franchise could offer a more predictable outcome than investing in a completely new brand that may struggle to thrive in an already crowded and competitive industry.
As a franchisee, you will be responsible for hiring and training staff and coordinating all the operations of your new business.
What Might Make a Cinch I.T. Franchise a Good Choice?
Given that Cinch I.T. focuses on cultivating healthy relationships, so you may benefit from remote and on-site support by becoming one of its franchisees. The company works to educate people on the importance of embracing safe I.T. practices by giving advice and following up with their clients to ensure that they are benefiting from the services provided by Cinch I.T.
To be part of the Cinch I.T. team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth requirements.
How to Open a Cinch I.T. Franchise
Before opting to become a Cinch I.T. franchisee, you must conduct your due diligence and research to decide if a Cinch I.T. franchise can thrive in your region. The process includes coming up with questions for the company and seeking reviews from its more experienced franchisees.
If awarded a franchise, franchisees may receive a great deal of support from the Cinch I.T brand throughout the franchising process. In addition to pre-opening training, franchisees receive support through brand awareness, marketing, research, and construction. Cinch I.T. franchisees also receive hands-on training and continued support after their franchise location has opened.
Company Overview
About Cinch I.T.
| Industry | Tech Businesses |
|---|---|
| Related Categories | IT Services, Miscellaneous Business Services, Miscellaneous Tech Businesses |
| Founded | 2004 |
| Leadership | Rick Porter, President |
| Corporate Address |
27 W. Mountain St. Worcester, MA 01606 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube |
Business Overview
| Franchising Since | 2019 (5 years) |
|---|---|
| # of employees at HQ | 6 |
| Where seeking |
This company is offering new franchises throughout the US. |
| # of Units | 12 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Cinch I.T. 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
|
$15,000 |
|---|---|
|
Initial Investment
|
$100,025 - $124,850 |
|
Net Worth Requirement
|
$250,000 |
|
Veteran Incentives
|
50% off franchise fee |
|
Royalty Fee
|
7%-5% |
|
Ad Royalty Fee
|
1.5% |
|
Term of Agreement
|
5 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 | Cinch I.T. has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs |
|---|
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 | 26 hours |
|---|---|
| Classroom Training | 100 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Ad Templates
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
Yes |
|
Can this franchise be run part time?
|
No |
| # of employees required to run | 2 |
|
Are exclusive territories available?
|
No |
Additional Rankings
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