Details
Overview:
NerdsToGo is a franchise specializing in providing on-site and remote computer and technology support to small and medium-sized businesses, as well as residential customers. Established with a focus on comprehensive IT solutions, the franchise offers a variety of services including network setup, cybersecurity, and general tech support. NerdsToGo is part of Propelled Brands, which also includes FASTSIGNS and MySalon Suite.
History:
NerdsToGo began franchising in 2017, although the company itself has been around for longer, focusing on delivering high-quality tech services to underserved markets. Over the years, it has expanded to over 30 locations across the United States, with a business model designed to capitalize on the growing demand for IT services in both residential and commercial sectors.
Investment Breakdown:
The initial investment required to open a NerdsToGo franchise ranges from $115,119 to $172,809. This includes the franchise fee, equipment, initial inventory, and working capital. Prospective franchisees are required to have a minimum of $70,000 in liquid capital and a net worth of at least $200,000. Additionally, NerdsToGo offers financing options to help cover these costs, making it more accessible for entrepreneurs.
Industry Snapshot:
NerdsToGo operates within the broader IT services industry, which is experiencing significant growth due to the increasing reliance on technology in both business and personal life. The franchise is well-positioned in the market, offering essential services in a sector that continues to expand as businesses and individuals seek reliable tech support.
Brand Information
| Cost | $49,750 |
| Investment | $133,333 - $181,032 |
| Royalty Fee | 8% |
| Brand Fund Fee | 1% - 2% |
| Founded | 2003 |
| Franchising Since | 2006 |
| Locations | 33 |
