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Rapid Refill

Inkjet & toner cartridge replacements

Background

Founded: 2002 Franchising since: 2004
18732 Lake Dr. E.
Chanhassen, Minnesota 55317
Phone:
(877)880-4465/ (952)238-1000


Franchisor is a privately-held company with 13 employee(s); 13 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 101 0 0 0
2007 103 0 0 0
2006 50 0 0 0
2005 31 0 0 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Asia, Australia/new zealand, Canada, Central america, Eastern europe, Mexico, South america, Western europe

Exclusive territories available.
Territory size: 55,000 population

Costs and Fees

Total investment: $94K-198K
Franchise fee: $30K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee Yes No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

Qualifications
Net worth requirement: $250K-350K
Cash liquidity requirement: $35K-50K
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • Franchise can be run from home
  • 85% 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)

Training and Support

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

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