TeamLogic IT Franchise Award Winners Reflect on Brand’s Success
More top performers, more million-dollar revenue milestones each year showcase how TeamLogic IT continues to excel as a brand
Not so many years ago, the idea of a “million-dollar club” was an aspirational goal for the TeamLogic IT franchise team. Now that goal is reality, and the club continues to gather new members each year. That achievement alone shows what a success TeamLogic IT has become, says Chuck Lennon, Executive Vice President.
“We have many franchise owners who have hit the million-dollar revenue mark, and that number rose again in 2018,” Lennon says. “We are seeing more owners get to that milestone more quickly as TeamLogic IT grows in brand awareness and network size.”
System revenues continue to rise
In the past few years, the number of TeamLogic IT franchise locations passed 100 — now it is closing in on 170 locations throughout the United States and Canada. At the same time, franchise owners are reporting double-digit year-over-year growth figures thanks to unique offerings such as managed IT services, which means that TeamLogic IT is strong in size and sales. That spurs even more growth, Lennon explains.
“When you show an entire system doing very well, that is its own selling point,” he says. “When we talk with entrepreneurs who are interested in what TeamLogic IT is all about, we can point them to some stellar operators all around the country. That is a very big deal, because its shows that we have a value proposition that isn’t limited to any one area, or city of a certain size.”
Multiple franchises continue strong growth
A rapidly growing number of franchises that are posting strong earnings and year-over-year volume increases is another key indicator of long-term viability.
“There are lots of ways to analyze business success, from annual sales to improvements over time,” Lennon says. “We are able to show prospective TeamLogic IT franchise owners that there are people all across our systems, some of whom are fairly new owners themselves, who are achieving very positive results. That’s good for those owners and for us as a large and growing national brand.”
TeamLogic IT is the technology franchise small and medium-sized businesses increasingly rely on for turnkey support. TeamLogic IT’s managed IT services contracts give clients peace of mind around their technology needs and provide franchise owners with a steady, predictable revenue stream. The company now serves a wide and growing variety of clients in every business sector, from tourism and hospitality to health care, legal and accounting. Along the way, TeamLogic IT has grown to more than 150 locations throughout North America and continues to expand in new and existing markets.