
SpeedPro
Large-format graphics- Units as of 2020
-
177 (2 added in 3 years)1.1%
- 2021 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$33K - $296K
Company Overview
About SpeedPro
- Industry
- Business Services
- Related Categories
- Signs, Miscellaneous Business Services, Miscellaneous Services
- Founded
- 2004
- Parent Company
- SP Franchising LLC
- Leadership
- Larry Oberly, CEO
Franchising Overview
- Franchising Since
- 2005 (16 years)
- # of employees at HQ
- 18
- Where seeking
-
This company is seeking new franchisees throughout the US.
This company is seeking new franchisees in the following international regions: Asia, Central America, Canada, South America, Mexico
- # of Units
- 177 (as of 2020)
Franchisor Information
Information for Franchisees
Here’s what you need to know if you’re interested in opening a SpeedPro franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
- Initial Franchise Fee
- $29,900 - $49,900
- Initial Investment
- $33,400 - $296,175
- Net Worth Requirement
- $200,000 - $500,000
- Cash Requirement
- $60,000
- Veteran Incentives
- $5,000 off franchise fee
- Royalty Fee
- 6%/4%
- Ad Royalty Fee
- 1-2%
- Term of Agreement
- 10 years
- Is franchise term renewable?
- Yes
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- SpeedPro has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 39 hours
- Classroom Training
- 91 hours
- Ongoing Support
-
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
-
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- No
- Can this franchise be run from home/mobile unit?
- No
- Can this franchise be run part time?
- No
- # of employees required to run
- 2
- Are exclusive territories available?
- Yes
Franchise 500 Ranking History
Compare where SpeedPro landed on this year’s Franchise 500 Ranking versus previous years.
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