SPEEDPRO IMAGING FRANCHISE STARTUP COST, PROFIT MARGIN, LOCATIONS
This article clearly presents you a brief information about SpeedPro Imaging franchise, together with comprehensive information regarding the initial startup financial investment requirements; the opportunity benefits and training you stand to benefit as a franchisee; the ideal qualities you are required to possess, together with any obligations required; and how to join the franchise.
Are you interested in signing up for a reputable large format printing business franchise in the industry, and are looking forward to joining SpeedPro Imaging franchise? I believe you are reading this at the moment because you want to collect as much information as possible about starting up a SpeedPro Imaging franchise to assist you in making an informed-decision to join them.
About SpeedPro Imaging
Speedpro Imaging franchise is a franchise business in the large format printing industry, which became incorporated in 2004. It was however the following year, in 2005, that they started offering franchise opportunity to interested and qualified candidates from the general public. The headquarters of SpeedPro Imaging is located at Centennial, Colorado, United States.
SpeedPro Imaging franchise is a business that offers to business clients, the sales of large format printing, premium, and reprographics, together with other related services. Their services include the creation of large format graphics such as: event graphics, wall murals, tradeshow displays, vehicle wraps, banners, graphic design, installation, and window graphics. Their manufacturing facilities are the studios, which are located in parks that have light industrial business activities.
SpeedPro Imaging franchise operates a business to business (B2B) business model, which affords their prospective franchisees the opportunity to choose who they want to work with, and on the terms suitable and convenient for them.
SpeedPro Imaging franchise is not like some other franchises where franchise owners operate on a rigid work schedule. At SpeedPro Imaging franchise, franchise owners work at flexible hours convenient for them, where they get to have more time for themselves and organize their lifestyle the way they want.
The franchise opportunity offered to prospective franchisees by SpeedPro Imaging is to operate singly a SpeedPro Imaging Studio in a particular designated territory. SpeedPro Imaging has a mission; which is to become rated as the number one choice for large format graphics, and to deliver quality and unique services to customers.
Over the past few years, they have been recognized for their contribution to the large format industry: they have received numerous awards. From 2009 – 2016, they were ranked in Entrepreneur Magazine’s Franchise 500. From 2007 – 2015, Franchise Research Institute ranked SpeePro Imaging as World-Class Franchise.
They have also been ranked among Top 200 Global Franchises by Entrepreneur Magazine. Also, they have garnered recognitions from IFA, VetFran, etc.
Required Startup to Join SpeedPro Imaging Franchise
For you to be able to start a SpeedPro Imaging franchise, you will have to fulfil the following startup requirements: you will be required a minimum liquid investment capital of $100,000, a franchise fee of $49,900, and a net worth of $400,000.
How much does it cost to open a SpeedPro Imaging Business?
Is SpeedPro Imaging a franchise that is expensive? What is the average Speedpro Imaging franchise fees?
The total investment capital ranges from $232,200 – $467,200. Other additional fees come in the form of royalty fee (which is 6% of the monthly gross sales) and a 2% advertising fee. Initial agreement term is 10 years.
SpeedPro Imaging Franchise Benefits and Training
The following are a number of key things you stand to gain once you qualify to become one of SpeedPro Imaging franchisees:
- An initial comprehensive hands-on training will be given to you and your employees. This training programme will make up a total of 96 hours. Also, you are expected to always be present at every franchisee convention held annually.
- You will be rendered assistance in every aspect to help get you kicked off with your business right away. From helping you obtain your business license, assistance in finding a suitable location for your business, lease negotiation down to inventory.
- You will greatly benefit from their sales and marketing programmes that have been designed to help you get started.
- You will gain access to using their proprietary business software to aid you in the smooth running of your startup establishment, such as: pricing, workflow, CRM, etc.
- Access to using a successfully proven programme that will generate your business attractive sales revenue.
- You will not require a large team of employees.
No financial assistance is available in any way, whether direct financial assistance or through a third party. After signing the franchise agreements, you will be assigned a territorial area (usually comprising 5,000 businesses) within which you can operate your business. There are also the benefits in attending Speedpro imaging franchise conference.
How Much You Stand to Make with SpeedPro Imaging Franchise
How much you stand to make from a SpeedPro Imaging franchise totally depends on you and how you manage your business, as well as a number of other factors such as the territory, and how well you are ready to commit yourself to fully marketing the brand and its products to prospective customers.
Requirements of the Ideal Candidate
The ideal candidate that can apply for and be accepted by SpeedPro Imaging franchise is any person who is capable of meeting the financial requirements outlined above. Also, franchisees are required to always promote the brand from time to time; like carrying out one-on-one awareness exercise marketing.
You do not need to possess any expertise know-how of large format graphics or printing in general. SpeedPro Imaging has everything covered for you in their training programme, which you must compulsorily attend immediately after signing up.
How to Open SpeedPro Imaging Franchise
If you are really interested in starting up a SpeedPro Imaging franchise, and you are sure you are capable of fulfilling the financial requirements, simply log onto their website on www.speedpro.com or call this line 888-581-9925 to request for more information regarding the sign-up procedure.