MN Filing 35568-202603-01
Franchise research report · reviewed 2026 disclosure data
Researching MN Filing 35568-202603-01 franchise opportunities? Every figure below is cited to the FDD.
TeamLogic IT provides outsourced managed technology services to small and medium-sized businesses through on-site technicians and remote support. Services include system monitoring, troubleshooting, hardware and software installation, backup and recovery, cybersecurity, cloud services, and IT consulting.
Headline figures
MN Filing 35568-202603-01 quick facts
- Is MN Filing 35568-202603-01 a franchise?
- Yes. MN Filing 35568-202603-01 offers franchises through a Franchise Disclosure Document. At the end of 2025, it reported 344 franchised and 0 company-owned outlets (2026 FDD, Item 20, PDF p. 35).
- How much does it cost to open an MN Filing 35568-202603-01 franchise?
- The MN Filing 35568-202603-01 Franchise Disclosure Document reports an estimated initial investment of $109,701 (2026 FDD, Item 7, PDF p. 16). This is the franchisor's disclosed estimate, not a quote. Details
- What is the MN Filing 35568-202603-01 initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $49,500 (2026 FDD, Item 5, PDF p. 11). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- What ongoing fees does MN Filing 35568-202603-01 charge?
- The disclosed ongoing royalty is 7% (2026 FDD, Item 6, PDF p. 12). The brand or advertising fund contribution is 1.2% (2026 FDD, Item 6, PDF p. 12). Other recurring fees are listed in Item 6. Details
- Does MN Filing 35568-202603-01 disclose financial performance (Item 19)?
- Yes. The MN Filing 35568-202603-01 FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 33). Figures apply only to the locations and period each one covers. Details
- How many MN Filing 35568-202603-01 locations are there?
- The FDD reports 344 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 35). Existing locations do not indicate territory availability. Details
- Is MN Filing 35568-202603-01 a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1Opening costs are estimated at $109,701 in the 2026 FDD (Item 7); several initial fee options apply.
- 2Item 19 covers 7 separate groups: revenue for 45 locations; revenue for 125 locations; revenue for 46 locations; revenue for 46 locations; revenue for 45 locations; revenue for 30 locations; revenue for 12 locations. They are not combined.
- 3Outlets grew by 33 in 2025, to 344 (Systemwide, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
MN Filing 35568-202603-01 head-to-head
Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Total estimated initial investment
2026 FDD · Item 7 · PDF p. 16
Standard single-unit franchise fee
2026 FDD · Item 5 · PDF p. 11
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
- Continuing Franchise FeesMain ongoing fee
15 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
7 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Revenue · 45 locations
- Who is counted
- Qualified franchisees in the third quartile by Gross Revenue
- Period
- 3rd quartile
- Excluded
- The representation covers the 12-month Reporting Period from January 1 through December 31, 2025, for Qualified Franchisees that operated for the full period and reported revenue. It excludes 22 franchisees operating 25 businesses/territories for less than 12 months and 7 franchisees operating 8 businesses that closed during the period.
- Method
- Gross Revenue for Jan. 1–Dec. 31, 2025; average gross revenue by quartile.
Locations counted: not stated in the reviewed record
Revenue · 125 locations
- Who is counted
- Qualified franchisees operating 1 location
- Period
- one location grouping
- Excluded
- The representation covers the 12-month Reporting Period from January 1 through December 31, 2025, for Qualified Franchisees that operated for the full period and reported revenue. It excludes 22 franchisees operating 25 businesses/territories for less than 12 months and 7 franchisees operating 8 businesses that closed during the period.
- Method
- Gross Revenue for Jan. 1–Dec. 31, 2025; average gross revenue by quartile.
Locations counted: not stated in the reviewed record
Revenue · 46 locations
- Who is counted
- Qualified franchisees in the first quartile by Gross Revenue
- Period
- 1st quartile
- Excluded
- The representation covers the 12-month Reporting Period from January 1 through December 31, 2025, for Qualified Franchisees that operated for the full period and reported revenue. It excludes 22 franchisees operating 25 businesses/territories for less than 12 months and 7 franchisees operating 8 businesses that closed during the period.
- Method
- Gross Revenue for Jan. 1–Dec. 31, 2025; average gross revenue by quartile.
Locations counted: not stated in the reviewed record
Revenue · 46 locations
- Who is counted
- Qualified franchisees in the second quartile by Gross Revenue
- Period
- 2nd quartile
- Excluded
- The representation covers the 12-month Reporting Period from January 1 through December 31, 2025, for Qualified Franchisees that operated for the full period and reported revenue. It excludes 22 franchisees operating 25 businesses/territories for less than 12 months and 7 franchisees operating 8 businesses that closed during the period.
- Method
- Gross Revenue for Jan. 1–Dec. 31, 2025; average gross revenue by quartile.
Locations counted: not stated in the reviewed record
Revenue · 45 locations
- Who is counted
- Qualified franchisees in the fourth quartile by Gross Revenue
- Period
- 4th quartile
- Excluded
- The representation covers the 12-month Reporting Period from January 1 through December 31, 2025, for Qualified Franchisees that operated for the full period and reported revenue. It excludes 22 franchisees operating 25 businesses/territories for less than 12 months and 7 franchisees operating 8 businesses that closed during the period.
- Method
- Gross Revenue for Jan. 1–Dec. 31, 2025; average gross revenue by quartile.
Locations counted: not stated in the reviewed record
Revenue · 30 locations
- Who is counted
- Qualified franchisees operating 2 locations
- Period
- 2 locations grouping
- Excluded
- The representation covers the 12-month Reporting Period from January 1 through December 31, 2025, for Qualified Franchisees that operated for the full period and reported revenue. It excludes 22 franchisees operating 25 businesses/territories for less than 12 months and 7 franchisees operating 8 businesses that closed during the period.
- Method
- Gross Revenue for Jan. 1–Dec. 31, 2025; average gross revenue by quartile.
Locations counted: not stated in the reviewed record
Revenue · 12 locations
- Who is counted
- Qualified franchisees operating 3 locations
- Period
- 3 locations grouping
- Excluded
- The representation covers the 12-month Reporting Period from January 1 through December 31, 2025, for Qualified Franchisees that operated for the full period and reported revenue. It excludes 22 franchisees operating 25 businesses/territories for less than 12 months and 7 franchisees operating 8 businesses that closed during the period.
- Method
- Gross Revenue for Jan. 1–Dec. 31, 2025; average gross revenue by quartile.
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Systemwide, as labeled in the FDD · counts as of 344 of each year.
2026 FDD · Item 20 · PDF p. 35
Net +62 outlets, 2023–2025
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2026 Item 7 estimate ($109,701) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units went from 311 to 344 in 2025. How many new units opened, closed or changed hands?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2026 FDD)
- [1]Estimated initial investment — Item 7 · PDF p. 16
- [2]Standard initial franchise fee — Item 5 · PDF p. 11
- [3]Item 19 — Locations counted not stated in the reviewed record — Qualified franchisees in the third quartile by Gross Revenue · PDF p. 33
- [4]Item 19 — Locations counted not stated in the reviewed record — Qualified franchisees operating 1 location · PDF p. 33
- [5]Item 19 — Locations counted not stated in the reviewed record — Qualified franchisees in the first quartile by Gross Revenue · PDF p. 33
- [6]Item 19 — Locations counted not stated in the reviewed record — Qualified franchisees in the second quartile by Gross Revenue · PDF p. 33
- [7]Item 19 — Locations counted not stated in the reviewed record — Qualified franchisees in the fourth quartile by Gross Revenue · PDF p. 33
- [8]Item 19 — Locations counted not stated in the reviewed record — Qualified franchisees operating 2 locations · PDF p. 33
- [9]Item 19 — Locations counted not stated in the reviewed record — Qualified franchisees operating 3 locations · PDF p. 33
- [10]Outlet counts — Item 20, Table 1 · PDF p. 35
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2025 | total liabilities 2025 | $1,700,000 |
| 2025 | total stockholder's equity 2025 | $5,846,000 |
| 2025 | total revenue 2025 | $23,076,000 |
| 2025 | net income 2025 | $9,675,000 |
| 2025 | total assets 2025 | $7,546,000 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
Brands in the same subcategory first, then the wider industry, ordered by shared business format and overlapping investment range. This is not a ranking or recommendation.
Head-to-head comparisons
At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 12 · PDF p. 27 · 2026 FDD
Our summary: Territory protection during term
“You will receive a protected territory and an approved territory name ; meaning we will not open a TeamLogic IT ® franchise location or establish any company - owned outlet in this territory during the term of your contract.”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.
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