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Franchise
Opportunity Quick Facts:
Since: 2003
Franchising since: 2003
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"Let's Talk Franchising" |
| 10 minute interview
with Franchise
Perfection Founder Jim Coen
and Dan Sheerer of
Cartridge World |
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as broadcast on
"Let's Talk Franchising". |
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 Number of Units:
In New England: 6
United States: over a 1000
Minimum Cash: $35,000
Total Investment: Average: $104,100 High: $172,100
Key Franchise Value Proposition: Cartridge World
is a franchise operation whose core business is refilling empty printer
cartridges. It's that simple. Cartridge World is the largest retailer of
printer cartridge refilling services in the World. Cartridge World was
recently ranked #1 in our industry by Entrepreneur Magazine and was also
ranked one of the fastest growing franchises in the U.S. The company has
over 1000 stores open and is opening more than one new store per day!
Key Consumer Value Proposition: With both inkjet
refilling and laser cartridge remanufacturing the potential market is
significant. The customer base of Cartridge World is growing rapidly.
Market research shows that more than 80% of people currently throw away
their used cartridges and buy new ones. Imagine what this means in terms
of the growth potential of our industry as more and more people realize
they can have their cartridges refilled AND save around 50% on the cost
of a new one.
Franchise Fee: $30,000
Royalty: 6%
Ad Fund: 4%
Experience: Business to business sales, customer
service, business management experience preferred but not required.
Business Model Nuggets:
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 When
possible we refill the customer's cartridge while they wait. Most
cartridges can be refilled whether they are inkjet or laser,
photocopier or fax, large or small, black or color.
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We also offer other services:
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Refilling: It Makes Dollars and Sense: Over the past
few years, refilling printer cartridges has become one of the
fastest growing industries in the world and, when you look at the
facts, it's easy to understand why.
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Information technology has taken the world by storm.
Many people, in the western world, have a computer for their
business and/or their home. Computers need printers and printers
need cartridges, which run out of ink or toner on a regular basis.
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Digital photography has also had a significant
impact on the industry. As people print more digital photos they
need more ink.
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Excellent Potential Market
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Cartridge World with its high profile retail
locations, is the world leader in providing refilling of printer
cartridges. Our distinctive stores are bright in color and easy to
find. Customers are happy walking into a well-designed Cartridge
World store.
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While computers can be highly technical things, the
printer cartridges we service and refill are really quite easy to
understand. You don't need any experience or special skills. In fact
we've trained hundreds of people, now working in the industry, most
with no prior experience.
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Ongoing support to keep you going strong: Once you
are up and running, you can be sure that ongoing support and
technical advice is always available. As a Cartridge World
franchisee, you'll be part of a growing team of people, keen to
share knowledge and ideas.
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Cartridge World is Expanding Quickly: Right now we
have franchisees joining us at a rapid rate. There are presently
over 1000 franchises established around the world, with new stores
opening quickly all over the country.
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