#161

Initial Investment

LOW: $68,800
HIGH: $150,800

Change in Units

-13.0% -138 UNITS (1 Year)
-32.8% -349 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1997

Franchising Since

1997 (19 Years)

Corporate Address

3917 Mercy Dr. McHenry, IL 60050

CEO

Steve Weedon

About Cartridge World

Cartridge World was founded in Adelaide, Australia under the name Australian Cartridge Co. The company name was changed to Cartridge World in 1999, and the first U.S. franchise opened in 2003 in Orlando, Florida. The company is now headquartered in Spring Grove, Illinois. Franchisees sell ink and toner printer cartridges and printers, and offer printer repair services.

Financials

Financial Requirements

Initial Investment

$68,800 - $150,800

Net-worth Requirement

$150,000

Liquid Cash Requirement

$50,000

Ongoing Fees

Initial Franchise Fee

$50,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Cartridge World has relationships with third-party sources which offer financing to cover the following: 
franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Veteran Incentives


10% off franchise fee

Franchise 500® Rank History

Highest Rank: 33

Lowest Rank: 414

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 2 weeks

Training at headquarters: 2 weeks

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Ad Slicks
Regional Media
National Media

Number of employees required to run: 3 - 3

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: August 13th, 2015

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