Nerds To Go is a business franchise opportunity that's poised for explosive growth.
Nerds To Go is owned by Dave Colella and based in Guilford, CT. The privately-held company provides technical computer assistance, on demand, at homes and businesses with less than 100 computers. Service is usually performed within 48 hours, sometimes within 24 hours, and even faster if the customer has a service contract.
Typical work includes ridding computers of viruses, installing software, installing printers, setting up computer networks, and helping with everyday frustrations related to computers that users experience almost every day.
Demand for such a service is projected at healthy due to the continued increase in population and the ever increasing computerization of many basic yet essential services.
Nerds To Go started in 2002 and within four years, Colella began franchising the brand. That year the company was operating eights units in three states with 60 employees. Today Nerds To Go has 25 franchises in 15 states and is poised for explosive growth, making this business franchise opportunity worth a look if you're interested in getting started with franchise ownership.
Colella is aggressively expanding, looking at getting another 25 franchises this year, expanding into another eight to ten states.
In addition, the company is nearing a deal with a private equity partner that has a longstanding track record in national franchising. As such, this deal will allow expansion Nerds To Go to occur at an extreme, even exponential, rate. Under this arrangement, Colella says he'd be looking at thousands of new franchise units over time. Near term, over the next three years, he'd expect about 300 new units in the United States alone.
An announcement of this deal should be made by this summer.
This business franchise opportunity is ripe for the picking. One franchise operator reported first year gross revenue of $200,000. While Colella currently declines revealing overall company sales figures, he will report financial data for individual franchisees to the Federal Trade Commission by June 30.
An initial investment of $60k - $100k, depending on the franchise size, will get you a Nerds To Go franchise, including a franchise fee of between $25k and $50k. A required piece of equipment is the trademark Nerd Car, a bright yellow Toyota Scion XB, replete with tons of colorful decals!
Top notch customer service is a key to success in this franchise business. Such service is encouraged by the franchise model since owners usually live in the markets they serve. Their name and reputation is on the line, and they have a big stake in making the business work.
With a strong market demand for this service, potential private equity backing at the corporate level on the horizon, and an aggressive growth plan in place, Nerds To Go is a business franchise opportunity you may very well want to look at.
