Rapid Refill
At a Glance
Products & Services: Inkjet & toner cartridge replacements
Number of Locations: 93
Total Investment: $84.35K - 135.3K
Founded: 2002
Began Franchising: 2004
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 92 | 0 | 0 | 1 |
| 2010 | 96 | 0 | 0 | 0 |
| 2009 | 101 | 0 | 0 | 0 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Asia, Australia/New Zealand, Canada, Central America, Eastern Europe, Mexico, South America, Western Europe.
Startup Costs, Ongoing Fees and Financing
Total Investment: $84,350 - $135,300
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $50,000
Operations
35% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 5. Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
| Franchise Fee | ||
| Startup Costs | ||
| Equipment | ||
| Inventory | ||
| Accounts Receivable | ||
| Payroll |
How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. Business training : 3 days.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations,
Marketing Support: Co-op advertising, Ad slicks, National media,
Franchise Ranking History
Fastest-Growing: #93 (2008),
Top New: #11 (2008),
Top Homebased: #79 (2010),
America's Top Global: #169 (2008),