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CMIT Solutions Franchise Cost, Revenue & Review 2026

Business ServicesTexasFranchising since 2010
AStrongest tierStrongest tier76/100Editorial grade from public filings; not investment advice.
Investment
$106K – $159K
Disclosed sales
$517K
gross sales, not profit
SBA charge-off
11.1%
on 52 loans

Investment, fees, disclosed sales, units, SBA record and risk, as one PDF. Free; no spam; one click to unsubscribe.

FV-00577FDD 2026Data QualityExcellent86%
Owner-operator requiredYes: Exclusive territory

Data from FDD filing + SBA 7(a) records

Analysis by FranchiseVerdict Research · Methodology

CMIT Solutions is a B2B franchise providing outsourced and managed IT services and support to small and mid-size businesses. Franchisees run a local MSP managing networks, security, and recurring service contracts.

FranchiseVerdict summary · 2026

A CMIT Solutions franchise requires a total initial investment of $106K – $159K, including a $50K – $55K franchise fee and an ongoing 7.0% royalty[2]. Per the 2026 FDD, average revenue per franchisee was $517K. This franchisor reports Item 19 per franchisee rather than per outlet, so the figure is not comparable with per-outlet averages[2]. SBA 7(a) loans show a 11.1% charge-off rate across 52 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →

Sources, dates and evidence

FDD issued: · Data extracted: · Last cited check: · Staleness risk: low - issued within the last 12 months

Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored7 of 8 headline figures on this page cite a page of the filing; the rest are marked “Not cited” beside the figure.

Overview

Investment
$106K – $159K
36th pct Business Serv…
Avg gross sales
$517K
Per franchisee, not per outletOutlet subset
Royalty
7.0%
21st pct Business Serv…
Units
304
60th pct Business Serv…
SBA charge-off
11.1%
% of SBA 7(a) loans not repaid · median varies by category

Quick verdict · Business Services · color = vs category peers

Total Investment
$106K – $159K
Median $133K
near median
Franchise Fee
$50K – $55K
Median $48K
above median ↑, worse than category
Liquid Capital Req'd
$39K – $79K
Median $23K
above median ↑, worse than category
Avg Revenue
$517K
Median $686K
Per franchisee, not per outletOutlet subset
Royalty Rate
7.0%
Median 7.0%
near median
Ongoing Fees
8.0% of rev
Median 9.0%
below median ↓, better than category
SBA Charge-Off Rate
11.1%
52 loans · Median 11.8%
near median
System Size
304 units
Median 39 units
above median ↑, better than category
Turnover Rate
0.3%
Median 3.7%
below median ↓, better than category
Territory
Exclusive
No other outlet of the brand may open inside it
Owner-Operator
Required
You must run it yourself
Litigation
None disclosed
Clean record

Green = favorable by >10% vs Business Services median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)

Data from public FDD filings and SBA records. Not financial advice. Methodology

Bottom line

  • COSTTotal investment $106K – $159K including a $50K franchise fee, 7.0% ongoing royalty.
  • RETURNSAverage revenue per franchisee of $517K/year (median $310K) (reported for a subset of outlets rather than the whole system). Averaged per franchisee, not per outlet - not comparable with per-outlet figures.
  • RISKVerdict A (Strongest tier), verdict score 76/100 (higher is better). SBA loan charge-off rate of 11.1% across 52 loans (above the 16% franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
  • GROWTHPositive: net +25 franchised outlets in the latest year (29 opened, 0 closed) (Item 20).

Item 1 · who you're contracting with

The Franchisor

Corporate structure & franchisor financials
Legal entity
CMIT Solutions, LLC
Parent company
Encore Acquisition Corp.
FDD Item 1, page 9 of the 2026 FDD
Ultimate parent
Hammond, Kennedy, Whitney & Company, Inc. (HKW)
FDD Item 1, page 9 of the 2026 FDD
Predecessor
CMIT Operating, Inc.
Prior franchisor entity
CEO title
President and Chief Executive Officer
Roger Lewis
Incorporated in
Texas
HQ
9433 Bee Caves Road, Building 3, Suite 210, Austin, Texas 78733
Auditor
Calvetti Ferguson
Audited financials
Franchisor revenue
$37.8M
vs $30.4M prior year

Independent franchisee associations

  • Franchise Advisory Council (FAC)

Franchisee-led councils or alliances disclosed in Item 20. Indicates operator voice.

Affiliated brands

  • CMIT Solutions Marketing Fund
  • CMIT Solutions of Canada
  • CMIT Solutions National

Other brands the franchisor or its parent operates (Item 1).

Overview

About

CEO
Roger Lewis
Headquarters
Texas
Founded
2009
FDD year
2026
States available
39

Can you afford it, and what does the money buy?

Entry cost is about typical for a business services franchise (near the category median).

Total investment (Item 7)$106K – $159KCited, not corroborated — printed on page 23 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Franchise fee$49,950Not cited — published from our reading of the franchisor's disclosure document; the page it is printed on has not been located.
Royalty7.0%Cited, not corroborated — printed on page 15 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Ad fund1.5%Cited, not corroborated — printed on page 15 of the 2026 FDD (Item 6). Nothing else in our record independently restates or re-derives it.
Working capital$39K – $79K

Source: FDD 2026 · Items 5–7

Full Item 7 breakdown7 line items

Initial investment breakdown

Item 7 initial investment line items
Line itemLowHigh
Initial Fee and Territory Feenot refundable$50K$60K
Training expenses$3K$4K
Real property and leasehold improvements——
Initial marketing$12K$12K
Business management and technology system$2K$3K
Accounting set-up$2K$2K
Additional funds - 6 months$39K$79K
Total initial investment$106K$159K

Line items extracted from FDD Item 7. Ranges reflect the franchisor's stated low and high per line. Total is the sum of line-item lows / highs — actual costs may fall outside this range depending on market and build-out scope.

Item 7 · what it costs to open + operate

The Vitals

Total investment
$106K – $159K
Top 40% of category vs category
Liquid capital req'd
$39K – $79K
Middle of category vs category
Franchise fee
$50K – $55K
Top 40% of category vs category
Royalty
7.0%
Set by a formula · typical 6–8%
Ad fund
1.5%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Ongoing fees · Item 6

CMIT Solutions: Item 6 recurring fees
FeeAmount
Royalty7.0% of gross sales
Marketing / ad fund1.5%
Technology fee$84
Transfer fee$15K
Renewal fee$5K
Inventory (initial)$0 – $0
Total fee load8.0% of rev

What do units actually make?

Average unit sales run 25% below the business services norm.

Avg gross sales$517K

Averaged per franchisee, not per outlet - not comparable with per-outlet figures

Reported for a subset of outlets rather than the whole system

Cited, not corroborated — printed on page 52 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Median gross sales$310KCited, not corroborated — printed on page 52 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Item 19 typegross sales
Sample size74 franchisees

Source: FDD 2026 · Item 19

Single-unit · not modelled

Returns at a glance

An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for CMIT Solutions until someone supplies them — yours, in the models below.

—

Not modelled yet

An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.

Total invested capital · disclosed

$191K

Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.

ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Blue values = direct from FDD (Item 7 investment, Item 19 revenue, Item 6 fees)Not set = no filing supplies it and we will not substitute one. Enter your own

What one unit earns on your invested capital

Model A · Single-Unit Return

Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.

Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.

Returns model · single-unit ROIC

What would one CMIT Solutions unit return on the cash you put in?

From FDDNot set — you supply itYou overrode an FDD value
Revenue · per franchisee, per year (NOT per outlet)FDD
FDD Item 19 reports $516,821 per franchisee — not per outlet. Every other input below is for ONE unit; replace this with a single-unit figure before relying on the ROIC. — Reported for a subset of outlets rather than the whole system. Adjust to a franchisee figure before relying on this.
Franchisor take · royalty + ad fundFDD
typ 6–8%
typ 3–5%
Operating costs · not in any FDDnot set

Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.

Total invested capital · what you put in to openFDD
FDD Item 7: $106K–$159K (midpoint used)
FDD reports $39K–$79K

Unlevered ROIC · per unit

Your modelled return on total invested capital, before any debt financing.

—

An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.


Store EBITDA · annual
—
EBITDA margin
—
Total invested
$191K
Payback
—
Single-unit only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even point.

What 25 units return when you use SBA financing

Model B · Return on Equity: Debt-Financed Acquisition

Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).

This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.

What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.

Not modelled yet

An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.

A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.

These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.

Item 19 · Source: 2026 FDD

Financial Performance

Averaged per franchisee, not per outlet - not comparable with per-outlet figures

Reported for a subset of outlets rather than the whole system

Avg gross sales
$517K
Per franchisee, per year — not per outlet
Median gross sales
$310K
Per franchisee, not per outlet

Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.

Item 19 type
gross sales
Sample size
74 franchisees
vs category median 37
Range (low → high)
$11K→$2.9MCited, not corroborated — printed on page 52 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
Cohort dispersion (min → max)
Reporting year
2025
Fiscal year the figures cover
Source filing
FDD 2026
Disclosed in the 2026 filing, covering 2025
Transparency
7 / 10
vs category median 3 / 10 · above
Gross sales rank
No comparison data
Investment cost rank36th
Lower investment ranks lower (better)
Royalty rate rank21th
Lower royalty = lower percentile (better)
Unit count rank60th
vs Business Services peers
Risk score rank10th
Lower risk = lower percentile (better)

Compared against 296 Business Services brands

Showing the headline figures — all 139 extracted fields are in the Full FDD Report · $19 →

Operator outlook

What the numbers say

Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.

Unit economics

The average franchisee generates $517K/year in gross sales. Median is $310K — top performers pull the average up, so a typical unit earns less. Reported for a subset of outlets rather than the whole system.

Fee burden

Total ongoing fee load of 8.0% (near the Business Services median).

Disclosure

Transparency score 7/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.

Operator retention

System expanding at 7.9% CAGR over 3 years across 304 units — operators are staying and new ones are joining.

Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.

vs Business Services medians

How CMIT Solutions Compares

Metric
CMIT Solutions
Category median
vs median
Investment
$133K
$133Kmiddle half $79K–$260K · n=193
Near median
Revenue
$517K
$686Kmiddle half $373K–$1.4M · n=61
Not compared

Per franchisee, not per outlet - the category median is per-outlet only, so no comparison is shown

Unit Count
304
39middle half 8–116 · n=193
Above median, better than category

Category median of published Business Services brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.

Is the system healthy?

Total units304Cited, not corroborated — printed on page 57 of the 2026 FDD. Nothing else in our record independently restates or re-derives it.
3-yr growth+7.9% (favorable vs category)
Turnover rate0.3% (favorable vs category)

Source: FDD 2026 · Item 20

Unit growth

Item 20 · unit dynamics

The Growth Chart

Total units
304
Opened
29
Last reporting year
Closed
0
Terminated
1
Franchisor ended the franchise (per Item 20)
Non-renewed
0
Term expired, not renewed (per Item 20)
Turnover rate
0.3%
Company-owned
7
Corporate units in the system
% franchised
98%
vs corporate-owned
Net growth (3-yr)
+7.9%
Net unit change over 3 years
3-yr CAGR
+7.9%
Compounded over last 3 years

Last fiscal year · Item 20 exits and transfers

Terminated
1
Not renewed
0
Transferred
10
Reacquired
4
Franchisor bought back
Transfer rate
4.4%
Owners selling to other franchisees
Termination rate
2.8%
Franchisor-initiated terminations
Ceased ops
2.8%
Units that stopped operating
2023
255
Franchised units
2024
272+17
Franchised units
2025
297+25
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 12 · 39 states reported

The Territory Map

FDD Item 12 reports the state count, but the specific list isn't in our current data. The map will appear once we re-extract from the FDD or enough franchisee contacts are available.

39

states with franchisees (per FDD Item 12)

SBA loan performance

Government records

SBA Loan Data

Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.

B
SBA Lending Health
Strong SBA lending record · 11.1% charge-off
Total loans
52
Loan volume
$7.7M
Median loan
$125K
50th percentile
Charge-off rate
11.1%
on 52 loans · rates vary by category · see methodology

Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated

Repayment rate (PIF)
88.9%
5-yr charge-off
0.0%
Loans approved 2021+
Active lenders
25
Defaults
3
Typical loan rate
8.1%
avg rate to borrowers
Franchised industry avg
19.7%
brand beats franchise avg ↓
Jobs supported
209
2.7 per loan
Lender concentration
17%
top lender's share

Borrower mix: 66% went to startups / new businesses, 34% to established operators

Franchise vs independent — in other computer related services, franchised businesses charge off at 19.7% vs 12.7% for independents — franchising is associated with 55% higher SBA default risk in this category.

Top lenders financing CMIT Solutions franchisees

United Midwest Savings Bank National Association9 loans33.3%
U.S. Bank, National Association5 loans0.0%
Stearns Bank National Association5 loans0.0%

Showing 3 of 25 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.

Explore lender portfolios on Bank Reports or regional data on State Reports.

Lender network · 7(a) + 504

SBA Lending Report

Full lending analysis for CMIT Solutions from SBA 7(a) FOIA data.

Principal loss rate
2.7%
Avg SBA guarantee
76%
Avg interest rate
8.08%
Avg chargeoff amount
$68K
Lender concentration
17.3%
Job velocity
2.7 per $100K
NAICS benchmark
18.6%
NAICS 541519
Jobs supported
209

Top SBA lendersTop lender holds 17% of loans

#LenderLoansVolumeDefault %
1United Midwest Savings Bank National Association9$1.3M33.3%
2U.S. Bank, National Association5$541K0.0%
3Stearns Bank National Association5$654K0.0%
4Readycap Lending, LLC4$651KN/A
5PNC Bank, National Association3$300K0.0%
6Manufacturers and Traders Trust Company3$150K0.0%
7BayFirst National Bank3$650KN/A
8Tioga-Franklin Savings Bank2$900KN/A
9The Huntington National Bank2$175K0.0%
10Business Loan Center, LLC1$25K100.0%

Geographic failure vector

StateLoansDefaultsRate
ILIllinois600.0%
MDMaryland600.0%
CACalifornia500.0%
FLFlorida5133.3%
OHOhio400.0%
TXTexas400.0%
AZArizona20--
COColorado20--
GAGeorgia200.0%
NJNew Jersey200.0%

SBA 7(a) lending trend

2005
2
2006
1
2008
1
2010
1
2013
2
2014
2
2015
5
2016
2
2017
1
2018
8
2019
5
2020
3
2021
4
2022
3
2023
1
2024
6
2025
3
2026
2

Borrower profile

Startup22 (63%)
Existing (2+ yr)6 (17%)
Unanswered4 (11%)
Ownership change2 (6%)
New (< 2 yr)1 (3%)

Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict

What could kill this investment?

SBA loans charge off at 11.1% — 31% below the 16.0% national norm, i.e. lower lender-observed risk.

SBA charge-off11.1% · 52 loans
Verdict score76/100 (higher is better)
Litigation0 cases
Auditor going-concern doubtNo (favorable vs category)

Source: SBA 7(a) FOIA · FDD Items 3, 21

Risk analysis

FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21

Risk & Legal

AStrongest tier76Verdict score 76/100

CMIT Solutions presents moderate-to-cautious risk due to lack of financial transparency (no Item 19), modest unit growth, and absence of disclosed net income data needed to validate ROI claims.

High confidence±4 pts
7280

Litigation (Item 3)

Subject: officers or affiliates. The franchisor is not a named party in these cases.

No litigation required to be disclosed in Item 3.

Bankruptcy (Item 4)

None disclosed

Audited financials (Item 21)

Yes · Calvetti Ferguson

Franchisor revenue (Item 21)

Yr 1: $37.8MYr 2: $30.4MNon-royalty: $0.1M

Franchisor entity revenue (not unit-level)

ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.

Supplier relationship · Items 8 & 16

  • Franchisor sells you products: No
  • Kickbacks from required suppliers: No
  • Must buy proprietary products: Yes
  • Restricted to system-approved products: Yes
  • Can negotiate own supplier terms: No

Score breakdown · what drove the 76 / 100 verdict

  1. 01MEDAverage net income not disclosed — unable to assess actual franchisee profitability after royalties (6%), operating expenses, and debt service on $106K-$159K investment
  2. 02MINORSlow unit growth of 6.7% YoY with 278 units — suggests market saturation, competitive pressure, or franchisee satisfaction issues in a mature 10-year-old system
  3. 03MED10-year franchise term is longer than industry average (5-7 years) — locks franchisees into relationship with limited exit flexibility

Severity inferred from the FDD text · not a regulatory classification

Showing the headline figures — all 139 extracted fields are in the Full FDD Report · $19 →

What are you signing up for?

Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.

Initial term10 yrs
Renewal term10 yrs
TerritoryExclusive (favorable vs category)
Initial training72 hrs

Source: FDD 2026 · Items 11, 12, 17

FDD Items 12, 15, 17 · continued from Risk & Legal

Contract & Territory Detail

Initial term10 years
Renewal term10 years
Allowed renewalsℹ1
Territory typeExclusive territory
Protected territoryYes
Exclusive territoryℹYes
Territory sizeℹ3000-4500 SBEs (typical ~3500)
Online sales rightsℹRestricted
Franchisor can competeYes
Hire a manager?Allowed
Owner-operatorRequired
Non-compete (years)ℹ2 years
Non-compete (miles)ℹ10 mi
Right of first refusalℹYes
Transfer requires consentYes
Termination notice30 days
Termination groundsℹ1
Curable defaultsℹ3
Mandatory arbitrationYes
Arbitration locationAustin, Texas
Jury trial waiverNo
Governing lawTexas
Litigation count0
View Item 3 litigation summary

No litigation required to be disclosed in Item 3.

Items 10, 11

Training & Operations

Classroom training
72 hrs
On-the-job training
0 hrs
Training location
Austin, Texas (headquarters) plus virtual training
Ongoing training
Required
Time to open
4 mo
From signing to launch
Site selection
franchisee
Franchisor financing
Not offered
Item 10
POS system
Autotask
Operating tech stack

Items 5 & 11

Franchisor Support

✗Site selection assistance
✗Grand opening support
✗Lease negotiation help

Technology: Autotask

Frequently asked questions

Frequently Asked Questions

How much does it cost to open a CMIT Solutions franchise?

The total investment to open a CMIT Solutions franchise ranges from $106K – $159K, with an initial franchise fee of $50K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).

What do CMIT Solutions franchise owners earn?

According to Item 19 of the CMIT Solutions FDD, the average gross sales per unit is $517K. The median is $310K. Important context: Averaged per franchisee, not per outlet - not comparable with per-outlet figures; Reported for a subset of outlets rather than the whole system. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.

Who owns CMIT Solutions?

CMIT Solutions is franchised by CMIT Solutions, LLC. Its parent company is Encore Acquisition Corp.. The ultimate parent named in the FDD is Hammond, Kennedy, Whitney & Company, Inc. (HKW). Source: FDD Item 1, 2026 filing.

What is Item 19 in the CMIT Solutions FDD?

The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the CMIT Solutions FDD and qualifies whose outlets they describe.

What is CMIT Solutions's franchise failure rate?

Based on SBA 7(a) loan data, CMIT Solutions has a charge-off rate of 11.1% across 52 loans, meaning 11.1% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.

How many CMIT Solutions franchise locations are there?

As of their most recent FDD filing, CMIT Solutions has 304 total units in the United States, including 297 franchised units and 7 company-owned units. 29 new units were opened in the latest reporting year.

Is CMIT Solutions a good franchise to buy?

FranchiseVerdict rates CMIT Solutions as a A-grade franchise with a verdict score of 76 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.

Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.

For franchisors

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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.