Fast-Teks is a mobile computer repair and tech support business serving homes and offices. The franchise offers onsite help with hardware, software, and networking issues.
Key Insights
- Fast-Teks was founded on core principles that quality service should be both accessible and reliable for all customers, establishing operational frameworks that ensure consistent delivery while maintaining flexibility to adapt to individual needs and preferences.
- Quality control systems ensure consistent results across all projects while adapting to unique specifications and client expectations, utilizing proven procedures and regular assessments that maintain high standards while accommodating individual needs and preferences.
- Demographic shifts create new customer segments with distinct needs and service preferences, requiring businesses to adapt their offerings while maintaining core quality standards, creating opportunities for growth through market diversification and specialized service development.
Franchise Fee and Costs to Open
Exploring the financial picture of Fast-Teks gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $36,460 - $62,260, along with a franchise fee of $19,750 - $42,250.
Financial Performance and Revenue
Training and Resources
Fast-Teks provides new franchisees with comprehensive training and resources. Initial training is a two-week program conducted at the Fast-Teks corporate office. This intensive session covers essential operational knowledge and business practices. Fast-Teks also offers ongoing support, including access to a robust library of marketing materials and operational guides. They recommend utilizing these resources to foster business growth.
Legal Considerations
Legal considerations for a Fast-Teks franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Franchisees may navigate a landscape with established local IT service providers. Managing a diverse range of technical issues, from hardware repair to software support, presents operational complexity. Dependence on specific component manufacturers or software vendors for parts and updates is a consideration for consistent service delivery.
Franchise Datasheet
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