PIP Printing & Marketing Services

#457

At a Glance

Products & Services: Printing & marketing services

Number of Locations: 105

Total Investment: $246.04K - 271.04K

Founded: 1965

Began Franchising: 1968

About PIP Printing & Marketing Services

In 1965, Bill LeVine converted his commercial printing plant into a "while you wait" printing center. Four years later, his company, PIP Printing, began franchising.
Today, PIP's more than 1,200 centers provide a variety of printing and business services.

Franchise Units

Year	U.S.	Canadian	International	Company Owned
2012	99	0	6	0
2011	109	0	6	0
2010	116	0	6	0
2009	130	0	6	0

Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.

Startup Costs, Ongoing Fees and Financing

Total Investment: $246,040 - $271,040
Franchise Fee: $25,000
Ongoing Royalty Fee: 0.25-6.5%
Term of Franchise Agreement: 20 years, renewable

Financial Requirements

Net Worth: $300,000
Liquid Cash Available: $125,000 - $150,000

Operations

5% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 5. Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: 2 weeks. Regional meetings : 1-3 days.

Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives

Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,

Other marketing support: Direct mail, marketing collateral