MotoPhoto Franchise
Thursday, April 29, 2010 at 11:16PM Photo developing and portraits
What started out as a simple Ohio camera shop in 1946 has turned into a nationwide network of franchised photo processing and portrait studios.
Robert Adler's original store has evolved into a chain of stores that provide on-site processing, photo accessories and merchandise, and digital technology, including digital printing, writing images to CDs, providing customers with Internet uploads and maintaining imaging-hosting sites on the Web.
Start-up Costs & Franchises Fees
What is the total cost to open a MotoPhoto Franchises?
Total Cost: $225,000 USD -$250,000 USD
Total Franchise Fees: $35,000 USD
Ongoing Royalty Fees: 6%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $1.75K
Contact Information for MotoPhoto
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MotoPhoto |
Toll Free: (800)733-6686 |
MotoPhoto In the Press
No results at this time.Historical Expansion
In what year did MotoPhoto begin operations? 1981
When did MotoPhoto begin selling franchises? 1982
Year United States Canada International Corporate 2005 160 28 0 2 2004 191 32 0 2 2003 218 32 0 2 2002 249 34 0 26 2001 279 36 0 39
Future Expansion
United States: Arizona, California, Colorado, Connecticut, Illinois, Kentucky, Massachusetts, Maryland, Michigan, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Tennessee, Texas, Wisconsin,
Countries of Interest:
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 Yes Yes Inventory No Yes Accounts Receivable No Yes Payroll No Yes 3rd Party Financing Available? Financing Source(s): ORIX USA Corporation
Training & Support
Support
Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation
Marketing
Cooperative advertising, Ad slicks, National media, Regional advertising support
Franchise Operation Restrictions
20% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 6
Absentee ownership of franchise is allowed. (95% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Sales & marketing experience Interpersonal skills
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