CyberGlobal logo

CyberGlobal Franchise

Audited Financials
Technology & ITEst. 2024Sheridan, WY
www.cybergl.com

Risk Score

Pending analysis

Investment Range

$102,050 - $123,900

Franchise Fee

$25,000

0

Business Summary

CyberGlobal franchisees operate businesses that offer a variety of cybersecurity products and services. These services are designed to help other businesses safeguard their digital information and infrastructure from cyber threats. Most CyberGlobal businesses are operated from a franchisee's residence, though they have the option to rent an executive suite or commercial office space.

Corporate History

CyberGlobal USA LLC was formed in Wyoming on July 25, 2024, and began offering CyberGlobal franchises in August 2024. The company does not have a predecessor or parent entity and has never operated the type of business it franchises. However, an affiliate, CT Defense SRL, has operated a CyberGlobal Business in Romania since October 2017 and serves as an approved technology supplier. Another affiliate, CGA Audit, is an approved audit services supplier. A third affiliate, Cyber Global SRL (CGS), owns the intellectual property and trademarks for CyberGlobal and has also been offering substantially similar CyberGlobal franchises internationally in Ireland, Bahrain, Austria, and Italy since August 2024, with one franchisee in each of those countries.

Financial Overview

Investment Range

$102,050 - $123,900

Franchise Fee (Low)

$25,000

Franchise Fee (High)

$75,000

Royalty %

6%

Marketing %

1%

Equipment Costs (Low)

$500

Equipment Costs (High)

$1,000

Working Capital

$32,500

Audited Financials

Yes

Offers Financing

No

Financial Health Notes

CyberGlobal's financial statements are stated to be audited for the period from its inception on July 25, 2024, to December 31, 2024. As a new company, CyberGlobal has not been in business for three years or more, meaning its financial disclosures reflect a recent startup. No specific concerns or highlights about working capital, cash flow, or other financial health indicators are explicitly noted beyond this.

Financing Details

CyberGlobal does not offer any direct or indirect financing to its franchisees. Additionally, CyberGlobal does not guarantee any notes, leases, or other financial obligations for its franchisees.

Performance Metrics

Total US Locations

0

Franchised Units

0

Corporate Units

0

Franchising Since

2024

Agreement Terms

Initial Term

5 years

Renewal Term

5 years

Renewal Conditions

To renew, CyberGlobal franchisees must meet several conditions. They need to notify CyberGlobal in writing between 60 and 180 days before their current agreement expires. Franchisees must be in good standing, meaning they cannot be in default under their current agreement or any other agreement with CyberGlobal or its affiliates, and they must not have received more than three separate written notices of default in the 12 months before sending their renewal notice or signing the new agreement. They are required to sign CyberGlobal's then-current Successor Franchise Agreement and all related documents, which may include terms substantially different from their original agreement. A general release of all claims against CyberGlobal and its affiliates must also be signed. Franchisees must pay a non-refundable renewal fee of $15,000. Additionally, they must complete any renovations, refurbishments, and modernizations to their CyberGlobal Business to align with the current System standards for a newly opened location. Finally, franchisees must comply with any other actions CyberGlobal reasonably requests.

Training & Support Program

Franchisor Assistance

Before opening, CyberGlobal provides initial virtual training for up to four people, loans one copy of its confidential Franchise Operations Manual, designates the franchisee's territory, and offers materials and consultation for grand opening marketing during the first three months at no charge. CyberGlobal does not provide site selection assistance. After opening, CyberGlobal informs franchisees of mandatory standards and procedures, offers advice on operations based on reports or inspections, and provides additional training for which fees may apply. Franchisees can continue to use confidential materials and Marks, and CyberGlobal supplies a list of designated and approved suppliers. Optionally, CyberGlobal may modify the System, make periodic visits (with fees if requested by the franchisee), administer a Brand Fund, host national or regional conferences, and set minimum and maximum resale prices.

Initial Training Hours

38

Training Location

Virtual

Ongoing Support

CyberGlobal provides ongoing support to its franchisees by informing them of mandatory standards, specifications, and procedures for business operations. Upon reasonable request, CyberGlobal offers advice on business operations based on reports or inspections, provided during regular business hours through various media. CyberGlobal also offers additional training for newly hired personnel, refresher courses, remedial training, and advanced training, which may require additional fees. Franchisees are permitted to continue using confidential materials and Marks, and CyberGlobal supplies a list of designated and approved suppliers. CyberGlobal may also conduct periodic visits to the business (with reimbursement of expenses and daily fees if requested by the franchisee), maintain a Brand Fund, and hold national or regional conferences to discuss business issues.

Franchise Requirements

Industry Experience Required

No

Management Experience Required

No

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Home-Based

Owner Participation

Full-Time

Territory Type

Non-Exclusive

Territory Size Requirements

CyberGlobal territories are defined by geographic area, population properties, and other relevant demographic characteristics. The franchisor aims to grant only one CyberGlobal franchise for any area containing at least 5,000 businesses with over 20 employees. Territory population statistics are determined using current U.S. Census reports and other chosen statistical sources. The size of the territory can vary, with smaller areas in densely populated metropolitan regions and larger areas in less densely populated urban zones.

Staffing Notes

CyberGlobal franchisees are responsible for determining the appropriate staffing levels for their business to ensure compliance with the franchise agreement and System standards. Franchisees are solely responsible for hiring, training, and supervising their employees or independent contractors, and for paying all wages, commissions, benefits, and taxes. These individuals are considered the franchisee's employees or contractors, not CyberGlobal's, and the franchisee retains sole responsibility for all employment-related decisions, including hiring, firing, and setting work conditions. CyberGlobal does not provide advice on these matters and requires franchisees to inform their staff that the franchisee is their sole employer. Franchisees must also ensure employees and independent contractors review and sign a prescribed acknowledgment form.