What is the monthly software access fee per user for a Cinch I.T. franchise?
Cinch_I_T Franchise · 2024 FDDAnswer from 2024 FDD Document
thly helpdesk client managed services fees ("Helpdesk Client Managed Services Fees") for services provided to You and clients of the Franchised Business. We reserve the right to adjust these fees, upon ninety (90) days written notice.
- (g) You must pay Us, Our affiliate or other mandatory supplier a so
Source: Item 23 — RECEIPTS (FDD pages 60–269)
What This Means (2024 FDD)
According to Cinch I.T.'s 2024 Franchise Disclosure Document, franchisees must pay a monthly software access fee of $250 per user. This fee grants access to the software required to operate the Cinch I.T. franchise.
This Software Fee is paid to Cinch I.T., their affiliate, or another mandatory supplier. Cinch I.T. retains the right to adjust this fee, but they must provide franchisees with 90 days' written notice before any changes are implemented.
For a prospective franchisee, this means that the monthly cost for software can vary depending on the number of users needing access. This is a recurring monthly expense that must be factored into the financial planning of the franchise. It is important to note that Cinch I.T. can increase this fee with advance notice, which could impact the franchisee's profitability.