Frequently Asked Questions
- Is Data Doctors exclusively a franchisor, or does Data Doctors own and operate stores?
- Does Data Doctors use area developers?
- Is it a requirement that a franchisee be an owner-operator?
- What is the franchise fee?
- What is the royalty?
- What is the total cost to open a Data Doctors?
- How much cash do I need to open a Data Doctors service center, and can you finance the rest?
- How soon can I be in business?
- There are many computer service concepts in the market. Why should I choose Data Doctors?
We currently operate 8 company-owned Data Doctors service centers, which gives us an important platform to test and prove everything that we roll out to our franchisees.
No. We are focused on developing successful franchises and new locations - not selling territories. Our experience is that multi-unit franchisees who act aggressively to open Data Doctors service centers can accomplish the same thing (territorial exclusivity) by virtue of geographic exclusivity that we grant around open stores.
No, but in the event of an absentee owner or multi-unit franchisee we must be convinced that the franchisee has sufficient capital and management capability to maintain the high level of quality in operations and customer service that we require. Additionally, it is important to us that actual day-to-day general manager(s) have an equity interest in the business.
We encourage multi-unit franchisees, so our franchise fee is tiered, based on the number of franchises owned: $35,000 for the first, $25,000 for the second, and $15,000 for the third and beyond.
5% of gross sales.
As stated in our Franchise Disclosure Document, the typical range is $122,065 to $178,415, which includes the franchise fee, training, grand opening, working capital, store construction, etc. Our FDD details the line item breakdown.
You should plan to have at least $50,000 cash available, provided that you successfully finance the rest. While Data Doctors does not finance directly, we are very active in arranging various types of financing for our franchisees. As part of the Data Doctors franchise process, we will jointly investigate the viability of various sources and financing structures appropriate to your planned number of Data Doctors service centers.
The greatest variable that affects this is the availability of real estate in your targeted market, as well as the permitting, planning, and zoning environment. In some circumstances you can get open very quickly, but you should plan on 6 to 9 months as a reasonable range (with the understanding that in some markets it could take over a year).
We're excited about the computer services industry and we think there are many great companies with which you can work. We encourage you to meet them all, and make the best choice for you. We want you to feel absolutely comfortable and confident about your decision to join us as we expand across the country. We think that once you've completed your due diligence, you'll agree that we have the best concept, the best technical processes, the best information systems, and the brightest future.
Have additional questions - feel free to contact us!
