- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$115K - $173K
- Units as of 2023
-
31 3.3% over 3 years
NerdsToGo is a computer repair and technology franchise catering to small businesses as well as residential clients. Whether it’s day-to-day issues or the more complicated business technology challenges, NerdsToGo is ready to nerd up and provide solutions. The company also caters to major operating systems and devices, including Apple, Android, Microsoft, and network support products.
NerdsToGo was founded in 2006 and began franchising in 2006. Since then, the company has grown to more than 25 units in various locations around the United States. More than a team that people go to for help with their computers, NerdsToGo prides itself in being a brand that “lives and breathes technology” and loves creating solutions for their client’s problems.
Why You May Want To Start a NerdsToGo Franchise
If you’re looking for a technology-based franchise business opportunity, NerdsToGo may be a worthwhile pick. Its business model has worked and built upon itself for over more than a decade of operations, proving that the formula is working excellently. On top of that, IT and computer services are quite important today, and may offer multiple streams of revenue.
As a franchisee, you may receive all the support you need from NerdsToGo, from sales development to training to marketing. Corporate support may give you more wiggle room to build your business by creating leading support systems and nurturing deep, productive relationships within the industry.
What Might Make a NerdsToGo Franchise a Good Choice
The fact that computers, tablets, mobile phones, and other handheld devices have taken over the lives of many people may be proof of the importance of the industry. Whether it’s businesses, communities, or individuals, the demand for IT and computer expertise is on a seemingly unending uptrend. For a franchisee, this may translate to a solid customer base.
To be part of the NerdsToGo 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 and liquid capital requirements.
How To Open a NerdsToGo Franchise
Opening a NerdsToGo franchise may offer a more predictable outcome than investing in a completely new brand that could struggle to thrive in an already crowded and competitive industry.
As you decide if opening a NerdsToGo franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a NerdsToGo franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the NerdsToGo franchising team questions.
Company Overview
About NerdsToGo
| Industry | Tech Businesses |
|---|---|
| Related Categories | Electronics Repairs/Sales, Electronics Stores, Miscellaneous Tech Businesses |
| Founded | 2003 |
| Parent Company | Propelled Brands |
| Leadership | Mark Jameson mark.jameson@propelledbrands.com, 3142263000 |
| Corporate Address |
2542 Highlander Wy. Carrollton, TX 75006 |
| Social | Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest |
Business Overview
| Franchising Since | 2006 (18 years) |
|---|---|
| # of employees at HQ | 143 |
| Where seeking |
This company is offering new franchises throughout the US. |
| # of Units | 31 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a NerdsToGo 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
|
$49,750 |
|---|---|
|
Initial Investment
|
$115,119 - $172,809 |
|
Net Worth Requirement
|
$300,000 |
|
Cash Requirement
|
$80,000 |
|
Veteran Incentives
|
50% off franchise fee |
|
Royalty Fee
|
2%-8% |
|
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 | NerdsToGo has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
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 hours |
|---|---|
| Classroom Training | 40 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
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 |
|
Are exclusive territories available?
|
Yes |
Additional Rankings
Curious to know where NerdsToGo ranked on other franchise lists? Find out below.
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