Rapid Refill Ink International Corp

  • Rapid Refill Ink International, LLC
8000 W. 78th St., #110
Edina, MN 55439
  • (877) 880-4465 / (952) 238-1000
  • (952) 238-1009 (Fax)

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 105 100.0%
Company-Owned Units 0 0.0%
Total Operating Units 105 100%

Geographic Distribution

USA 105 100.0% In 38 States
Canada 0 0.0% In 0 Provinces
International 0 0.0% In 0 Foreign Countries
Total 105 100%

Multi-Unit Operators

Multi-Unit Operators N/A
Franchises Owned by Multi-Unit Operators N/A

North American Unit Density

Density Units
Oregon 12
Washington 8
Virginia 6

Registered in the 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

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Support and Training

General Information

IFA Member Yes
CFA Member No
Franchisee Association? 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

Ongoing Support

Central Data Processing Included
Central Purchasing Included
Field Operation Evaluation Included
Field Training Included
Initial Store Opening Included
Inventory Control Included
Franchisee Newsletter Included
Regional or National Meetings Included
800 Telephone Hotline Included

Training

Minneapolis, MN 3-13 Days
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Financial Requirements

Investment

Minimum Net Worth $350K
Cash Investment $35-50K
Total Investment $95-199K
Average Total Investment $147K

Fees

Initial Franchise Fee $30K
Average Franchise Fee $30K
On-Going Royalty 6%
Average Royalty 6%
Advertising Fee 4%

Site Information and Requirements

Average Number of Full-Time Employees 2-3
Average Number of Part-Time Employees 3-4
Space Needs (in square feet) 500-1,500
Preferred Site Types Free Standing Building, Storefront, Strip Center
Encourages Conversions N/A
Item 19 (Earnings Claim) Provided? No
Listed in the SBA Registry? No
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Franchisee Qualifications

Financial Net Worth 3
General Business Experience 3
Specific Industry Experience 1
Formal Education 3
Psychological Profile 4
Personal Interviews 5
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Terms of Contract

Term of Initial Contract 10
Term of Renewal Period 10
Passive Ownership? Not Allowed
Area Development
Agreements?
No
Sub-Franchisor
Contracts?
No
Franchisees Allowed to Expand Within Territory? Yes
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Expansion Plans

Projected New Units Over Next 12 Months 150
USA Yes, All United States
Canada No
Overseas No
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Request Information for Rapid Refill Ink International Corp

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