Franchise Facts Report → brands → TeamLogicIT
TeamLogicIT franchise — is it worth it?
Medium risk Item 19 disclosed
What TeamLogicIT's most recent Franchise Disclosure Document says about the money, the litigation, and the franchisee churn — before you wire a five- or six-figure franchise fee.
Everything below is free, read straight off TeamLogicIT's registered filing. Weighing TeamLogicIT against other options? Get a free shortlist of franchises that fit your budget.
Figures above are as disclosed in TeamLogicIT's most recent FDD (registered 2022). Source: Minnesota Dept. of Commerce — CARDS franchise registrations · filing 22914-202203-03 — check it yourself. See every other Minnesota-registered franchise.
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How much does a TeamLogicIT franchise make?
TeamLogicIT is one of the franchisors that answers this on the record: its most recent FDD makes an Item 19 financial performance representation — actual unit earnings figures, disclosed by the franchisor itself. The headline figure did not machine-read cleanly from this filing, so we don't print one; Item 19 of the source FDD has the tables. See every other brand that discloses earnings in the Other franchises with disclosed Item 19 earnings ranking.
TeamLogicIT franchise profit vs. revenue
Revenue is not profit. An Item 19 almost always reports sales — what a location takes in — not what an owner keeps. Out of that number come the royalty, the ad fund, rent, payroll, supplies and debt service. No FDD tells you a TeamLogicIT franchise's profit, because profit depends on your site, your rent and how you run it — so treat any "TeamLogicIT franchise profit" figure quoted elsewhere as someone's estimate, not a disclosure.
TeamLogicIT lawsuits & legal history (FDD Item 3)
TeamLogicIT's most recently filed Franchise Disclosure Document (2022) discloses no litigation in Item 3. That is a real signal rather than a gap: the FTC Franchise Rule requires a franchisor to disclose material litigation involving itself, its predecessors, parents, affiliates and management, so an empty Item 3 in a current filing means there was nothing it was required to report. It is worth reading alongside the churn numbers — a system can have a clean Item 3 and still be losing franchisees, which is what Item 20 shows.
TeamLogicIT closures & failure rate
Before you sign, TeamLogicIT will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what TeamLogicIT's most recent filing shows, and whether it's normal for a franchise of this kind.
The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. TeamLogicIT's outlet tables did not machine-read cleanly; Item 20 of the source FDD has them.
Who owns TeamLogicIT?
TeamLogicIT's franchise is offered by TeamLogic, Inc. — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2022), and the entity a franchisee actually signs with. That name comes straight off the filing at MN CARDS; it identifies the franchisor, not necessarily the ultimate parent company behind it. The same franchisor files separate FDDs for other brands, which is worth knowing — sibling brands share a franchise-support organization but disclose their own numbers:
Other franchises at a similar investment level
Anyone weighing TeamLogicIT is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.
TeamLogicIT franchise — frequently asked
Who owns TeamLogicIT — who is the franchisor?
TeamLogicIT's most recently filed FDD (2022) names TeamLogic, Inc. as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. The same franchisor also files FDDs for TeamLogic IT. A registry filing names the franchisor, not necessarily its ultimate parent company.
How much does a TeamLogicIT franchise cost?
TeamLogicIT's most recently filed FDD (Item 7) puts the total estimated initial investment at a range disclosed in Item 7, with an initial franchise fee of $45,000. That price is the franchisor's own estimate of what it takes to open, not a quote.
How much profit does a TeamLogicIT franchise make?
TeamLogicIT discloses unit earnings in Item 19, but that figure is revenue — sales — not profit. Royalties, the ad fund, rent, payroll and supplies all come out of it, and no FDD discloses what an owner nets. Any TeamLogicIT franchise profit number quoted elsewhere is an estimate.
Does TeamLogicIT disclose financial performance (Item 19)?
Yes — TeamLogicIT reports unit-level earnings in Item 19. The headline figure did not machine-read cleanly, so check Item 19 of the source FDD for the numbers.
Are there lawsuits against TeamLogicIT?
No — TeamLogicIT's most recently filed FDD (2022) discloses no litigation in Item 3. Franchisors must disclose material litigation involving themselves, their predecessors, parents, affiliates and management, so an empty Item 3 is a genuine signal rather than an omission.
Is TeamLogicIT a good franchise to buy?
Nobody can answer that from TeamLogicIT's numbers alone — it comes down to how its investment, earnings, litigation and franchisee churn stack up against category peers and against your own budget. Our read on this filing is medium risk. Every figure behind that read is on this page for free. If you're comparing options, the free shortlist on this page matches you with 5–10 franchises that fit your budget and industry.
Get a free email when something changes on TeamLogicIT or this category: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same state registries this page is built on.