CMIT Solutions is Named To Franchise Times Top 200+ List
IT Service Provider Franchise Ranked On List of Largest United States Franchises
October 23, 2018 // Franchising.com // AUSTIN - CMIT Solutions announced today that it has been named to Franchise Times’ Top 200+ list, which is an exclusive ranking of the 500 largest franchises. Based on the company’s worldwide system sales and number of locations, CMIT Solutions has been placed alongside the largest franchises in its industry.
This recognition validates the tremendous growth the company has experienced in the past year. In 2017, the brand generated $58 million in sales revenue and currently has more than 220 territories nationwide.
“We are humbled to achieve this incredible milestone,” said Jeff Connally, president and CEO of Austin-based CMIT Solutions. "This ranking is a direct result of our franchisees’ hard work and dedication to succeed. We look forward to continuing this momentum as we grow into new markets and offer continued support to our existing franchisees.”
Using a combination of companies’ voluntary reports and the most recent franchise disclosure documents, the Franchise Times Top 200+ is an annual ranking of the 500 largest franchise systems in the United States by global systemwide sales, based on the previous year's performance. The project is the result of a five-month research and reporting effort each year that results in the most credible and objective franchise ranking available.
To qualify for the ranking, companies must be a legal United States franchise, with its headquarters based in the United States or at least 10 percent of their total units located in the country. Franchisees must also own at least 15 percent of the company’s total units. The 200 franchises with the top global systemwide sales, including total sales for both franchise and company units, receive the highest rankings.
CMIT Solutions’ services help companies keep their strategic IT goals in focus by ensuring their computer systems are running, their data is protected, their network is secure, and, most importantly, their employees are productive. As a result, business owners increase the productivity of their employees, eliminating the frustrations that go along with today’s modern technology issues.
Entrepreneurially spirited individuals interested in owning a CMIT Solutions franchise should have the ability to invest 128,300, which includes working capital and a typical franchise fee of $48,950. CMIT franchisees are provided with a sizable territory based on ZIP codes and can expect to have 3,000 to 4,000 prime targets.
To learn more about CMIT Solutions, visit: http://www.cmitsolutions.com/
About CMIT Solutions
CMIT Solutions (CMIT) is a leading provider of information technology (IT) professional services and products to small and medium-sized businesses, and is uniquely capable of supporting small businesses anywhere, coast to coast in the United States and Canada. By focusing on developing and maintaining local, trust-based relationships with its customers, CMIT is able to meet all of their IT needs. CMIT offers a wide variety of services and products, including enterprise-class solutions, at prices small businesses can afford. CMIT Solutions has been ranked number one in its category in Entrepreneur magazine’s Franchise 500® list for six consecutive years. Because of its growing geographic presence and partner programs, CMIT is a very attractive sales and/or support channel for larger firms desiring to reach the millions of small and medium-sized businesses in the United States.
For more information, please visit www.cmitsolutions.com
About The Franchise Times Top 200+
The Franchise Times Top 200+® is the only ranking by systemwide sales and units of the largest 500 U.S.-based franchise brands. Published in the October issue and available in a searchable database online, the Franchise Times Top 200+ also analyzes industry sectors based on percentage change in sales growth, reports the 10 fastest- growing franchises by four different measures, and includes exclusive news stories about the biggest names in franchising. The rankings and full report, and the searchable online database, are available at www.franchisetimes.com.
To learn more about Franchise Times, visit http://www.franchisetimes.com.
All Points Public Relations
SOURCE CMIT Solutions