• Franchise Fee:$30,000
• Total Investment Range:
$36,000
• Required Cash liquidity:
$60,000
Financing Assistance:
•No
Training and Support:
•Yes
Franchise Description
The Utility Company (TUC) is a leading provider of virtual IT service and support for small and medium-sized businesses (SMB) delivering the required hardware, software and service for a monthly fixed fee per user. Our Connected Office service program provides a single point of contact to deliver and manage technology, communications and vertical line of business applications – 95% Remote; 100% Proactive.
Key Advantages
1. Highly scalable business
2. Franchisor delivers 90%+ of the service remotely on behalf of the franchisee - allows franchisee to concentrate on growing their business. They do not get bogged down with the day to day service delivery.
3. Recurring revenue model - customers sign 12 month service agreement that provides an ongoing monthly revenue stream
4. A 'tech' business for the non-technical franchisee
5. Low overhead, 9am-5pm business-to-business service
6. Ability to monetize the business one day due to recurring, contractual revenue
7. Customer size – up to 250 employees – means larger deal size
8. Management’s experience in the Managed Services industry
9. Vertical market focus - we focus on specific verticals when executing marketing campaigns with customized solutions
Franchise Training and Support
1. 16 web-based training courses covering Admin, Sales, Marketing & Service
2. Daily live training - Sales (Tues), Service (Wed), Marketing (Thurs) and CRM/quoting (Fri)
3. One on one assistance - phone
Investment Requirements
Franchise Fee: $30,000
Required Cash liquidity: $60,000
Total Investment Range: $36,000
