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  Home  >>  Computer & Internet  >>  Computer Sales (Retail)
Rapid Refill Ink International Corp



Rapid Refill Ink International Corp
18732 Lake Dr. East
Chanhassen, MN 55317


Submit an online form to receive information from Rapid Refill Ink International Corp.
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Business Description

The leader in low cost inkjet and laser toner cartridges. Fully automated remanufacturing production site with a retail storefront environment. RAPID REFILL INK has a diversified approach to the market and product offering. With the sales strategy and marketing message we have created, we fully anticipate the ability to enter into any market region and quickly gain substantial market share. Our stores offer printer cartridges for an average savings of 50% over OEM!

Franchisor Background

Year Established:  2002

Franchising Since:  2004

Operating Units:

Franchised Units:

250

100%
Company-Owned Units:00%
 
Total Operating Units:
250
100.0%
 
Geographic Distribution:
U.S.:250100%In 38 States
Canada:00%In 0 Canadian Provinces
International:00%In 0 Foreign Countries
 
Total:
250
100.0%
 
 
North America:
States/Provinces with the largest number of operating units:
DensityUnits
1. Oregon12
2. Washington8
3. Virginia6

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia, Alberta

Financial Requirements

Investment:
Minimum Net Worth: $350
Cash Investment:$30K
Total Investment:$100-200K
Average Total Investment:$200K
 
Fees:
Initial Franchise Fee:$30K
Average Franchise Fee:$30K
On-Going Royalty:6%
Average Royalty:6%
Advertising Fee:4%
 
Average Number of Employees: 2-3 Full-time, 3-4 Part-time

Space Needs (in square footage): 500-1,500

Preferred Sites: Free-standing Building, Storefront, Strip Center

Other Sites:

Encourage Conversions? Not Applicable

Earnings Claims Provided?: No

Franchisee Qualifications
 
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:3
General Business Experience:3
Specific Industry Experience:1
Formal Education:3
Psychological Profile:4
Personal Interview(s):5
 
Terms of Contract
 
Term of Initial Contract:10 Year(s)
Term of Renewal Period:10 Year(s)
Passive Ownership:Allowed, But Discouraged
Area Development Agreements?No
Sub-Franchising Contracts?No
Franchisees Allowed to Expand Within Territory?Yes
 
Support and Training
 
International Franchise Association:Yes
Canadian Franchise Association:No
Franchisee Association/Member:No
Size of Corporate Staff: 30
Site Selection Assistance?Yes
Lease Negotiation Assistance?Yes
Financial Assistance?Yes, Indirect
 
Marketing Support:
Co-Op Advertising:Yes
National Advertising:Yes
Regional Advertising:Yes
Local Advertising:Yes
Marketing Materials:Ad Slicks, Brochures, Coupons/rebates, Direct Mailers, Emails, Promotional Items, Site Signs, Trade Show Exhibits
Additional Services:Grand Opening, Marketing Research, Online Extranet, Press Releases, Sales Strategies
Other Marketing Support:None Specified
 
On-Going Support:
Central Data Processing:Included in Fees
Central Purchasing:Included in Fees
Field Operation Evaluation:Included in Fees
Field Training:Included in Fees
Initial Store Opening:Included in Fees
Inventory Control:Included in Fees
Franchisee Newsletter:Included in Fees
Regional or National Meetings:Included in Fees
800 Telephone Hotline:Included in Fees
 
Training:
1. Minneapolis, MN3-13 Days
 
Expansion Plans
 
Projected New Units Over Next 12 months: 150

U.S.:

Yes, All United States
Canada:No
Overseas:No
Submit an online form to receive information from Rapid Refill Ink International Corp.
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    Promotional Items