Lazerquick Franchise
Wednesday, April 28, 2010 at 06:00AM Quick printing services
Three partners opened a copy center in 1968, changing their name from PrintRight to Lazerquick in 1990 to reflect the emergence of technology in the company and the industry.
Today, Lazerquick franchise business owners offer services ranging from copying and offset printing to digital printing, compact disk imaging, computer rentals and self-service desktop publishing.
Together with its affiliate, Transamerica Printing Systems, LLC, Lazerquick boasts more than 70 company-owned and franchised stores.
Start-up Costs & Franchises Fees
What is the total cost to open a Lazerquick Franchises?
Total Cost: $172,500-$275,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: to 5%
Ongoing Advertising Fees:
Term of Agreement: 7 years
Contact Information for Lazerquick
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Lazerquick |
Phone Number: (503)682-1322 |
Historical Expansion
In what year did Lazerquick begin operations? 1968
When did Lazerquick begin selling franchises? 1990
Year United States Canada International Corporate 2001 25 0 0 20 2000 25 0 0 21 1999 28 1 0 23 1998 18 1 0 33 1997 16 0 0 36
Future Expansion
United States: California, Georgia, Minnesota, Oregon, Washington,
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No Yes Initial Start-up Capital No Yes Plant, Property, and Equipment No Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes 3rd Party Financing Available? Financing Source(s): CIT Small Business Lending Corp.
Training & Support
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Ad slicks
Franchise Operation Restrictions
International franchise business owners required to buy multiple units/master licenses; 20% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 2
Absentee ownership of this franchise business is not available to new franchisees. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience Retail and/or production experience helpful
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes