Rapid Refill Ink
Rapid Refill is the leader in the ink and toner refilling industry offering B2B and Retail Store-front business models. 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 ($59k-$79k start-up costs), or someone who needs time to transition out of a corporate position. The economy has had a very positive impact on the business as consumers and businesses are cutting costs. Additionally, the franchise is based on a green concept, so the time is right for Rapid Refill Ink.
Background
Year Established: 2003
Year First Franchised: 2004
Franchised Units: 105 opened
Company Owned Units: 0
Projected New Units (12 months): over 150 opened units
States/Countries Registered In: Domestic USA only - all states
Financial/Terms
Cash Investment: $30k Commercial Model - $50k Retail Model
Total Investment: Commercial- $59k - $79k; Retail- $114k -$161k
Minimum Net Worth: $100k for Commercial - $250k for Retail
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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