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Below is an in-depth analysis and side-by-side comparison of Lazerquick vs Rayacom 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 | $94,130 - $222,062 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | to 5% | - |
Advertising Fee | - | - |
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 | - | *BUSINESS PLANNING *SALES *GOALS SETTING *TIME MANAGEMENT *PRICING *PROJECT MANAGEMENT *PRODUCTION *PRODUCTS/SUPPLIERS *CUSTOMER SERVICE/RETENTION *FINANCIAL MANAGEMENT *MARKETING *PERSONNEL |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Training and support from our head office and our local area franchisees. Our area teams are experienced retail operators and are available to assist and guide you as you open and build your franchise. Our innovative team will provide you with expert advice on emerging business trends and technology. Throughout the years, our IT team significantly improved our business and maximized our profits by sourcing and implementing the ideal technology in our stores. |
Marketing | Ad slicks | - |
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.