|
Below is an in-depth analysis and side-by-side comparison of Lazerquick vs YESCO including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $172,500 - $275,000 | $65,000 - $352,200 |
Franchise Fee | $25,000 | $50,000 |
Royalty Fee | to 5% | 6% |
Advertising Fee | - | up to 3% |
Year Founded | 1968 | 1920 |
Year Franchised | 1990 | 2011 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | Yes/- |
Start-up Costs | No/Yes | -/Yes |
Equipment | No/Yes | -/Yes |
Inventory | No/Yes | Yes/Yes |
Receivables | No/Yes | -/Yes |
Payroll | No/Yes | -/Yes |
Training & Support |
||
Training | - | On-The-Job Training: 20 hours Classroom Training: 70 hours Additional Training: Ongoing coaching by phone |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks | Co-op Advertising Ad Templates National Media Regional Advertising SEO Website development Email marketing |
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) | Absentee Ownership Allowed Number of Employees Required to Run: 3 |
Expansion Plans |
||
US Expansion | Yes | Yes |
Canada Expansion | No | Yes |
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.
A YESCO Franchise provides:
- Use of the YESCO brand
- Access to YESCO's purchasing power
- Opportunity to provide service to YESCO regional and national (customers located within your territory)
- Opportunity to service existing YESCO maintenance contracts (within your territory)
- Potential for increased business value
- Use of YESCO's proprietary technology and software solutions
- Sign and lighting patrol application (mobile phone)
- ServizioTM (back office suite)
- Servizio MobileTM (tablet PC)
- Billing and collection
- Lead generation system
- Comprehensive print and online marketing materials
- A complete list of products and services available to your customers
- Ongoing training and support
A YESCO Franchise is an opportunity like no other.