Franchise Facts Report → compare → Stroll, Greet vs TeamLogic IT
Stroll, Greet vs TeamLogic IT
Two business services franchises, compared on the numbers their own Franchise Disclosure Documents put on record — investment, fees, Item 19 earnings, outlet churn, and litigation. Not marketing copy.
| Stroll, Greet | TeamLogic IT | |
|---|---|---|
| Total initial investment FDD Item 7 | $2,010 – $12,560 | $106,865 – $141,342 |
| Initial franchise fee FDD Item 5 | $735 | $49,500 |
| Royalty FDD Item 6 | 15% | 7% |
| Item 19 earnings disclosed FDD Item 19 | Not disclosed | Yes |
| Avg unit revenue (headline) FDD Item 19 | — | $182,000,000 |
| Franchised outlets FDD Item 20 | 546 | 282 |
| Net outlet change (latest yr) FDD Item 20 | -2 | +16 |
| Closure rate FDD Item 20 | 59.9% | 0.4% |
| Franchisee lawsuits FDD Item 3 | disclosed | disclosed |
| Risk level our read | High | Low |
| FDD year registration | 2024 | 2025 |
Are Stroll, Greet and TeamLogic IT the same company?
No — Stroll, Greet and TeamLogic IT are franchised by separate companies. Stroll, Greet's franchisor is N2 FRANCHISING, INC.; TeamLogic IT's is TeamLogic, Inc.. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.
Cost to open
Stroll, Greet is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $2,010 – $12,560, against $106,865 – $141,342 for TeamLogic IT.
How much does each make? (Item 19)
Only TeamLogic IT disclosed earnings: it makes an Item 19 financial performance representation (headline average unit revenue $182,000,000), while Stroll, Greet's most recent FDD makes none. That asymmetry is itself a data point: one franchisor puts its unit economics on paper, the other doesn't.
Closures & failure rate
Stroll, Greet reports 546 franchised outlets, net change -2 in the latest reported year, a 59.9% closure rate (FDD Item 20). TeamLogic IT reports 282 franchised outlets, net change +16 in the latest reported year, a 0.4% closure rate (FDD Item 20). Outlet churn — closures, terminations, non-renewals — is the closest thing an FDD has to a failure rate; the full report puts both brands' churn against business services medians.
Litigation
Stroll, Greet discloses litigation in FDD Item 3 (case detail in the full report). TeamLogic IT discloses litigation in FDD Item 3 (case detail in the full report).
This page is the headline numbers. The Deep report compares up to three brands on the complete FDD record — every fee line, the actual Item 19 figures and what they represent, each lawsuit, and churn benchmarked against business services peers.
Only looking at one of them?
Stroll, Greet vs TeamLogic IT — frequently asked
Are Stroll, Greet and TeamLogic IT the same company?
No — Stroll, Greet and TeamLogic IT are franchised by separate companies. Stroll, Greet's franchisor is N2 FRANCHISING, INC.; TeamLogic IT's is TeamLogic, Inc.. Each registers and files its own Franchise Disclosure Document, and you would be signing with a different entity depending on which you chose. Note that a registry filing names the franchisor, not necessarily its ultimate parent — two brands owned by the same parent company can still have separate franchisors.
What is the difference between Stroll, Greet and TeamLogic IT?
Stroll, Greet and TeamLogic IT are business services franchises from different franchisors (N2 FRANCHISING, INC. and TeamLogic, Inc.). Stroll, Greet is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $2,010 – $12,560, against $106,865 – $141,342 for TeamLogic IT. Only TeamLogic IT disclosed earnings: it makes an Item 19 financial performance representation (headline average unit revenue $182,000,000), while Stroll, Greet's most recent FDD makes none. That asymmetry is itself a data point: one franchisor puts its unit economics on paper, the other doesn't.
Is Stroll, Greet more profitable than TeamLogic IT?
Only TeamLogic IT disclosed earnings: it makes an Item 19 financial performance representation (headline average unit revenue $182,000,000), while Stroll, Greet's most recent FDD makes none. That asymmetry is itself a data point: one franchisor puts its unit economics on paper, the other doesn't.
Which is cheaper to open — Stroll, Greet or TeamLogic IT?
Stroll, Greet is the cheaper franchise to open: its FDD Item 7 puts the total initial investment at $2,010 – $12,560, against $106,865 – $141,342 for TeamLogic IT.
Is Stroll, Greet or TeamLogic IT growing faster?
Stroll, Greet reports 546 franchised outlets, net change -2 in the latest reported year, a 59.9% closure rate (FDD Item 20). TeamLogic IT reports 282 franchised outlets, net change +16 in the latest reported year, a 0.4% closure rate (FDD Item 20).
Go deeper on each brand
Business services rankings
Figures are as disclosed in each brand's most recent registered FDD (Stroll, Greet 2024, TeamLogic IT 2025). “—” means the FDD does not disclose it or the table did not parse cleanly — never an estimate.