Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

CMIT Solutions costs and fees

The average cost to open one of the 200 biggest franchises in the US is $1,202,874 — see how CMIT Solutions compares.


Fact checked
Overall costs for CMIT Solutions run anywhere from $94,470 to $124,850. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

How COVID-19 affects franchising costs

Strict sanitation and employee protection measures during the coronavirus outbreak add to the typical costs you face when opening a new franchise. Paired with the unusually heavy amount of promotions that may be required by the franchise, you may not see as much in the way of profits starting out. For more information on what support is out there, read our guide to loans for businesses affected by the coronavirus.

Estimated initial costs

Our cost estimates are accurate as of 2019 from and include opening fees and expenses only. Your location may result in higher or lower fees.

Franchise fees

CMIT Solutions franchise fees total around $53,825, which is more than the $37,000 average for the 200 largest franchises.
Franchise Cost
Initial fee and territory fee $49,950 to $57,700
Royalty 6% of gross professional services (GPS) revenue, subject to a minimum royalty, which starts 12 months after franchisees complete the initial training program if they are a new franchisee.
Estimated total $49,950 to $57,700

Equipment fees

Equipment fees total $1,635 for CMIT Solutions. This is less than the $180,023 average for the top 200 franchises.
Equipment Cost
Initial business package, including laptop $1,270 to $2,000
Estimated total $1,270 to $2,000

Training fees

CMIT Solutions initial training costs total $3,100, which comes in under the nationwide average of $9,788.
Training Cost
Training fee and training expenses $2,200 to $4,000
Estimated total $2,200 to $4,000

Marketing costs

Advertisement and marketing costs total up to $13,075 for CMIT Solutions, which is more than the nationwide average of $9,938.
Marketing Cost
Initial marketing package $4,000 to $7,150
Three months' of marketing commitment $7,500 to $7,500
Estimated total $11,500 to $14,650

Licenses and permits costs

CMIT Solutions initial licenses and permits will set you back $1,025. This comes out to less than $18,770 — the overall nationwide average.
Licenses and permits Cost
Business licenses and prepaid expenses $550 to $1,500
Estimated total $550 to $1,500

Personnel costs

Uniforms, name tags and the like make up personnel costs, and for CMIT Solutions it will run you $12,000. The nationwide average cost of personnel fees comes in at $22,818, which means you'll be paying less to outfit your employees.
Personnel Cost
Technical staffing personnel $9,000 to $15,000
Estimated total $9,000 to $15,000

Other expenses

Miscellaneous expenses for CMIT Solutions total $25,000 — less than the nationwide average of $69,970.
Other Cost
Three months' additional funds $20,000 to $30,000
Estimated total $20,000 to $30,000
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2019.

How to finance

The best way to finance CMIT Solutions comes down to your personal financial situation. What assets you have available will largely determine how much you need to borrow, and which option suits you best. Potential solutions include:
  • Bank loan. Your personal credit plays a large role in getting a business term loan from a bank. Typically this type of funding is for larger amounts.
  • Online loan. Credit requirements may be more flexible for an online loan than a bank loan, but amounts may max out at a lower amount — typically around $1 million.
  • SBA loan. The good part about SBA loans is that they top out at $5 million, but your business has to meet a number of requirements.
  • Credit card. Small costs that aren't fixed, such as stray inventory and supply purchases, may be better off on a business credit card. Just make sure you can pay it off quickly to avoid high APRs.
Also check if CMIT Solutions franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

Data indicated here is updated regularly
Name Product Filter Values Min. Amount Max. Amount Requirements
Lendio business loans
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
Fora Financial business loans
1+ year in business, $250,000+ annual revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Great for SBA loan applicants.
First Down Funding business loans
At least 2 years in business, an annual revenue of $300,000+, and a minimum credit score of 400
Alternative financing up to $300K with highly competitive rates.
ROK Financial business loans
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
OnDeck small business loans
600+ personal credit score, 1 year in business, $100,000+ annual revenue
A leading online business lender offering flexible financing at competitive fixed rates.

Compare up to 4 providers

How CMIT Solutions stacks up

Compare how CMIT Solutions holds up against two similarly sized franchises.
Adventures in Advertising CMIT Solutions Kiddie Academy
Average Franchise fees $30,000 $53,825 $135,000
Average Equipment fees $3,100 $1,635 $379,750
Average Real estate fees NA NA $62,500
Average Training fees $3,000 $3,100 $6,500
Average Inventory fees NA NA NA
Average Marketing fees $8,750 $13,075 $35,000
Average Licenses and permits fees NA $1,025 $3,000
Average Insurance fees NA NA $6,250
Average Admin fees NA NA $32,500
Average Personnel fees NA $12,000 NA
Average Other fees $13,500 $25,000 $87,500

Bottom line

CMIT Solutions franchise costs run a total of $109,660. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site