NERDSTOGO

Item 7 lays out the initial investment at $93,762-$130,358, covering the $49,750 franchise fee, buildout for retail/office spots, branded vehicles, and inventory for repairs/security setups. Ongoing fees bite with 7% royalty (3.5% first year, then max(7%, $1,000/mo)), 2% ad fund (1% initially), plus $125/mo tech, $250/mo website, and $6/device RMM (min $30). Item 19 shines here: average gross revenue $356,574, median $318,498 across franchised units—solid for a service biz, implying potential owner benefits after 20-25% expenses, though no profit figures given. New offices, conversions, or co-branding lower barriers for IT pros.

System maturity shows 31 locations after franchising since 2017, but growth reversed from 33 to 31 units (-6%), with 5 terminations, few projected opens (2), and yes bankruptcy history under Propelled Brands. SBA stats flag caution: 31 loans averaging $166,897 but 16.1% default rate, higher than many peers, hinting financing hurdles or underperformance for some. For tech-savvy buyers eyeing recurring B2B revenue via monitoring/help desk, numbers suggest viability if you dodge pitfalls—median sales beat half a mil in yearlies? Wait, no, $318K median means many hover lower, so vet local SMB density before jumping.