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Below is an in-depth analysis and side-by-side comparison of Lazerquick vs Local Copies Etc including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $172,500 - $275,000 | $164,500 - $260,500 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | to 5% | 6% |
Advertising Fee | - | 2% |
Year Founded | 1968 | - |
Year Franchised | 1990 | - |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | No/Yes | -/- |
Training & Support |
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Training | - | One of the most vital functions we perform for our franchise owners is to provide an exceptional training program. The Local Copies Etc training program is a two week program held in an active operating location. |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | In order to maintain the continued growth and development of Local Copies, we provide on-going support through our LCE support offices. We have a sincere commitment to our owners to provide continued assistance to help you maximize your business. You will find our support personnel maintain a high level of communication and offer continuous service to our franchise owners. Local Copies Etc also regularly holds regional meetings and conventions to further educate our owners on new trends in the industry. |
Marketing | Ad slicks | * Direct mail programs * E-commerce solutions * Telemarketing, * Direct marketing programs. As another example of industry leadership, we outpaced our industry when we first developed our strategy for targeting our large competitors through aggressive pricing combined unmatched customer service. |
Operations |
International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | - |
International Expansion | No | - |
Three partners opened a copy center in 1968, changing their name from PrintRight to Lazerquick in 1990 to reflect the emergence of technology in the company and the industry.
Today, Lazerquick franchisees offer services ranging from copying and offset printing to digital printing, compact disk imaging, computer rentals and self-service desktop publishing.
Together with its affiliate, Transamerica Printing Systems, LLC, Lazerquick boasts more than 70 company-owned and franchised stores.