Rank no. 414 – Cartridge World – US
Products & Services: Ink & toner printer cartridges, printers
Number of Locations: 1,413
Total Investment: $80.8K – 135.3K
Began Franchising: 1997
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.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $40,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Net Worth: $250,000
Liquid Cash Available: $75,000
40% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 – 3. Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators).
|FINANCING TYPE||IN-HOUSE||THIRD PARTY|