Business Franchise Review
Business Franchise Opportunity - Business Franchise Business for Sale
Rapid Refill Ink
Rapid Refill is a retail store-front operation in the ink and toner refilling industry. This is a very high margin business in a multi billion dollar industry!! Rapid Refill has secured world-class vendor relationships, alleviating the need to refill cartridges in the store. Our vendors can supply all toner and ink cartridges on the market at extremely competitive prices. This change has simplified the business model and significantly lowered the investment. Utilizing these vendors has also allowed us to introduce a Commercial Sales Program. The franchisee begins selling ink B2B and has the opportunity to open a retail store at a later date. The Commercial Sales Program is ideal for someone with limited financial resources, or someone who needs time to transition out of a corporate position. The economy has had a very positive impact on the business because most businesses are looking to cut costs. Additionally, the franchise is based on a green concept that attracts additional attention.
Background
Year Established: 2003
Year First Franchised: 2004
Franchised Units: 105 opened – another 150 contracted
Company Owned Units: 0
Projected New Units (12 months): over 200 opened units
States/Countries Registered In: Domestic USA only - all states
Financial/Terms
Cash Investment: $20K - $30K
Total Investment: Commercial- $55K; Retail- $100K -$120K
Minimum Net Worth: $100K - $150K
Franchise Fee: $30K
Discounts: VetFran – Yes at 10% of initial franchise fees; Women, Minorities: No
Royalty: 6%
Ad: 4%
Average # of Employees: 1 FT; Retail: 1 FT and 2 PT
Passive Ownership Allowed: Possibly, as long as certain qualifications are met.
Earnings Claim: Yes
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