Rapid Refill Franchise
An Industry in Demand
Customer demand is fueling the growth of the ink and toner cartridge industry. Consumers and businesses alike are looking for a retailer that can offer exceptional value, local convenience, expertise and great personal service. Our ready to sell inventory (we do not ask our customers to wait), knowledgeable customer service associates and green printing alternatives ensure that our customers become loyal, repeat buyers.
Typically, franchisees who have multiple locations, own one full-service store and one or more retail-only location. The full-service store supports the retail-only units with remanufactured products. Each store model operates in the same manner as far as customers are concerned because Rapid Refill brand remanufactured products are already on the shelf. The only difference between the operating models is the physical location where the cartridges are remanufactured.Company History
Soon, our growth attracted experienced franchise talent, large-scale investment and ultimately the sale of the company to Rapid Refill, LLC. The company headquarters was moved from Oregon to Minneapolis, Minnesota where significant enhancements were made to the company’s infrastructure. Our retail strategy is focused on growing our franchise system through both single, multi-unit and very soon Master Franchise owners and to becoming the ink and toner retailer of choice in every market in the United States.
| Total Number of Units: | 96 |
| Franchise Units: | 94 |
| Year Established: | 2003 |
| Franchising Since: | 2004 |
Benefits of Owning Your Franchise
Rapid Refill is seeking franchisees that are interested in being a significant part of the communities they serve. Our Rapid Start program allows new franchisees to quickly (prior to store opening) get involved in selling product and generating revenue. Our franchisees enjoy the freedom and flexibility that comes with owning a business but without the crazy retail hours. They deliver expert, customer-focused, value-priced, high-quality and sustainable print solutions for families, students, schools, clinics, hospitals, and businesses in their exclusive territories. Most importantly – our customers love us!
Financial Investment
| Total Initial Investment: | $89,000 to $199,950 |
| Franchise Fee: | $30,000 |
| Liquid Capital Required: | $50,000 |
| Net Worth Required: | $300,000 |
Training and Support
Networking and staying up to date are critical elements of success and we keep franchisees in the loop through regional and national meetings, a robust internet portal, monthly conference calls, e-newsletters and more. Monthly intelligence reports provide operational and financial insights into the entire Rapid Refill system helping franchisees understand and leverage strengths and identify gaps for continuous improvement.
| Does Corporate Assist in Site Selection: | Yes |
| Does Corporate Provide Advertising and Marketing (Local, National): | Yes |
| Does Corporate Provide Continued Training: | Yes |
Franchise Requirements
Location Requirements
The most successful location will be “A” and “B” retail real estate with square footage between 800 and 1100 sq feet. In –line shopping centers with a grocery store/big box retailer is preferred. Heavy traffic and easy parking is a must.
Small markets are also great targets for Rapid Refill locations as our competition (Office supply stores, WalMart, Target, etc.) generally has OEM product but does not offer any level of service or re-manufactured products.
Top 35 Target Market Areas
For more information contact us at info@negociosenflorida.com