Cartridge World Franchise Cost, Fee and Profit Opportunities

CARTRIDGE WORLD Franchise Startup Cost, Profit Margin, Revenue and Locations

Whether you are at the office or in your home, there is a high probability that you have a PC somewhere linked to a printer. This is just the main reason why the market for printers and printing consumables will always be on the increase all around the globe. Buying into a franchise business that deals in printer consumables is an avenue for you to achieve your dreams and reach your financial goals. One franchise that is highly recommended is Cartridge World. So how much is a Cartridge World Franchise?

FRANCHISE INFORMATION ABOUT CARTRIDGE WORLD

Cartridge World was founded in the year 1997 in Australia and it is largest dedicated retailer of toner printer cartridges and ink. The company is committed to the provision of great value through their top quality re-manufactured and refilled printer cartridges.

SEE: CARTRIDGE DEPOT FRANCHISE INFORMATION

Cartridge World is now a house hold name in different parts of the world and the customers are satisfied with the products and services of the company. And also customers are presented with the opportunity to save tremendously and the environment also benefits as millions of cartridges are refilled and reused every year.

IS CARTIDGE WORLD A FRANCHISE

Since the company is into the manufacturing and refilling of printer cartridges, one might be compelled to ask if Cartridge World is a franchise. yes the company is a franchise and they have been selling franchise opportunities since the year 1997.

WHY SHOULD I BUY A CARTIDGE WORLD FRANCHISE

There are so many advantages and benefits of buying a Cartridge World franchise and these are stated as follows:

  1. Cartridge World is considered to be the largest and fastest growing cartridge retailer across the world with a larger share of the total sales in the industry.
  2. The industry is at the moment thriving as more customers and businesses now have information of the many benefits of the services the company offers.
  3. The investment needed to operate a Cartridge World franchise is minimal
  4. The company offers great supports for their franchisees, even in the course of running the business.

Franchise opportunities are available for prospective franchisees to open a Cartridge World franchise in their neighborhood.

PRODUCTS AND SERVICES OFFERED BY CARTRIDGE WORLD FRANCHISE

Cartridge World franchise provides the following printing products and service:

  • Many brand printers available for office and home use
  • Ink and toner printer cartridges
  • Sales of envelopes and paper
  • Installation of printers
  • Servicing and repairs of faulty printers
  • Photocopy, scan, fax an printing services

These numerous products offered by Cartridge World is an avenue for the franchisee to earn income from multiple sources. This has made the company’s franchise one of the most accepted among franchise buyers.

HOW MUCH DOES A CARTRIDGE WORLD FRANCHISE COST?

The Cartridge World franchise cost is the aggregate of all the financial requirements to establish a franchise unit. The total investment required for a Cartridge World franchise is between $70,000 to about $150,000. New franchisees with the company will also be expected to have a net-worth requirement of about $75,000 to $150,000 and then a liquid cash requirement of between $40,000 to $50,000.

CARTRIDGE WORLD FRANCHISE FEE

The Cartridge World franchise fee is the payment that the company receives in order for them to grant the franchisee the license to operate with their brand name. The fee is non-refundable and payable before the franchise unit is opened. The initial franchise fee is $50,000 with an additional on-going royalty fee of about 6% of the monthly revenue of the franchise unit. And additional ad royalty fee of 2% is also payable to the company.

DOES CARTRIDGE WORLD FRANCHISE OFFER ANY FORM OF FINANCING?

Cartridge World franchise does not offer funding to their franchisees. However the company has a working relationship with 3rd party institutions that offer financing and franchisees can benefit from this. Once the conditions for loans can be met, financing can be acquired to cover for the following: startup costs, franchise fee, inventory, equipment, accounts and payroll.

Veterans can also benefit from the company’s rebate of 15% of the franchise fee.

TRAINING AND SUPPORT

In addition to the initial training that the company offers to new franchisees, on-going support via regional meetings, conferences, internet technical forum, newsletters and updates will also be offered to the franchisees.

Territorial trainers are also available to give additional coaching, training and business support to the franchisees in the course of running their business.

New franchisees also benefit immensely from the support offered by existing franchisees who are ever ready to share their sales strategies` and other tips and ideas needed to achieve success in the business.

TERMS OF AGREEMENT

The period at which a franchisee will be able to hold the company’s license is 10 years. There is the option to renew this at the expiration of the initial period if requirements for extension are met. Franchisees will get an additional term of 10 years.

HOW TO OPEN A CARTRIDGE WORLD FRANCHISE

Once the franchisee has been able to get all the requirements needed to establish a Cartridge World franchise. The next information needed is how to open a Cartridge World franchise. All that is needed to do is to make an application to the company through their franchise website page. The application will be reviewed and if it is approved, the franchisee will be assigned a franchise manager by the company. The duty of the franchise manager is to assist with the setting up of the franchise unit. This he will achieve with the support of the management team alongside with the franchisee.

 

UPDATE

Are you searching for information on franchises that offer the best printers and ink and toner cartridges? Cartridge World franchise is the best in this industry.

The Cartridge World franchise’s outstanding brand and world recognition, new sources of income, novelty in mobile printing, and over a thousand franchise location worldwide makes it a perfect opportunity for individuals who want to join the Cartridge World international network.

ABOUT CARTRIDGE WORLD FRANCHISE.
Cartridge World was founded in 1997 (20 years) and has been franchising since then. Its corporate address is 3917 Mercy Dr. McHenry, IL 60050 with Mark Pinner as its CEO. The franchisor offers franchise opportunities worldwide.

The top notch ink and toner printer cartridge and printer company Cartridge World North America Limited Liability Company provides franchise opportunity for individuals and groups interested in selling ink and cartridges for domestic and economic computer printers.

Cartridge word functions in an $80 billion global industry with its target customers being every home and company or enterprise that makes use of printers. Cartridge World franchise provides a dependable high quality product that is exceptionally controlled to affirm that users return over and over again to guarantee the success of franchisees in the business.

Cartridge World franchise also offers connections with third party organizations and companies who would provide assistance in funding the franchise fee, startup costs, equipment, inventory, accounts receivable, payroll. Cartridge World franchisor as a member of the SBA franchise registry making it easier for franchisees to secure loan from SBA financing.

HOW MUCH DOES A CARTRIDGE WORLD FRANCHISE COST?

The cost for a Cartridge World franchise is between the amount of $40,000$50,000. This is the cost that will be required from any interested franchisee.

CARTRIDGE WORLD FRANCHISE INITIAL INVESTMENT
The initial amount to be invested by a Cartridge world franchisee is $68,300$151,800. This payment would cover the franchise fee alongside other startup costs such as equipment, working capital, business supplies, business license and real estate.

CARTRIDGE WORLD FRANCHISE NET WORTH REQUIREMENT
The least net worth an aspirant must have in order to be authorized to become a Cartridge World franchisee is $75,000$150,000. The net worth would be measured in terms of assets owned such as cash, stocks, real estate and retirement accounts. However, liabilities such as debts and mortgages would be subtracted from the assets.

CARTRIDGE WORLD FRANCHISE FEE
The initial franchisee fee is paid once to the Cartridge World franchisor, the fee may vary as a result of some factors such as territorial size, but the fee is mostly a fixed price of $40,000. The initial franchise fee is paid during the signing of the contract to allow franchisees the right to the company’s name, trademark and its business systems.

Cartridge world franchise would require franchisees to pay an ongoing royalty fee of 6% of their gross sales revenue and an advertising royalty fee of 2% for regional advertising.

CARTRIDGE WORLD FRANCHISEES TRAINING AND ASSISTANCE
Franchisees who are interested in opening a Cartridge World unit would be required to undergo training before starting up the company. The franchisor may decide to offer a shortened training program or completely remove the training process for franchisees who have earlier been trained, Cartridge World usually offers onsite training of 48 hours and 47 hours training at the headquarters. The franchisor has the right to end the training program when is content with the training received by the franchisee.

In a situation whereby the unit franchise is to be owned by a group or people or business entity, the appointed individual stated in the franchise agreement must undergo the complete training program and abide by all the procedures and training requirements. The franchisees are directly responsible for their employee training but the franchisor offers occasional mandatory training in respective areas.

CARTRIDGE WORLD FRANCHISE OBLIGATIONS AND RESTRICTIONS.
After completing all the necessary training and meets the required standards of Cartridge World franchise will then be allowed to individually control and manage a unit franchise on a full time base. Franchisees do not necessarily have to manage their unit franchise personally, but must operate in line with the system standards and operate with the standard products and services.

Cartridge World franchise does not offer franchisees and exclusive territory; the franchisor would not permit anyone to start up another unit franchise within the first two years of the franchise Agreement.

CARTRIDGE WORLD FRANCHISE TERMS OF AGREEMENT AND RENEWAL
The Cartridge world franchise agreement usually lasts a period of 10 years after which an option for renewal would be proposed if the franchisee requirements are met.

HOW TO OPEN A CARTRIDGE WORLD FRANCHISE
Have you carefully studied the Cartridge World franchise opportunity and decided it is right for you? The next step to take is to fill out the form online from their website.

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