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Updated RecentlyCartridge Depot Franchise
Inkjet & laser toner cartridge refills
Ken Blum and Nick Sheehan opened the first Cartridge Depot in 2004, a retail ink store in Boca Raton, Florida, but soon realized that selling ink in a retail setting was not a profitable business model. So instead they began going directly to businesses to offer their ink and toner refilling services. After refining their business model, they sold the Boca Raton location to a franchisee and moved their company's headquarters to Owings Mills, Maryland. Cartridge Depot franchisees inspect cartridges, vacuum out old ink and toner, and refill them in order to save business owners' printing costs.
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How much does it cost to open a Cartridge Depot Franchise?
The investment required to open a Cartridge Depot Franchise is between $78,334-$191,265. There is an initial franchise fee of $29,000-$74,000 which grants you the license to run a business under the Cartridge Depot name.
Individual Unit Costs
- Initial Investment:
$78,334-$191,265 - Initial Franchise Fee:
$29,000-$74,000 - Royalty Fee:
$250-$1000/month - Advertising Fee:
N/A - Term of Agreement:
10 years
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When did Cartridge Depot start Franchising? 2004
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2006 | 5 | 1 | 4 | 2 |
| 2005 | 1 | 1 | 2 | 1 |
| 2004 | 1 | 0 | 0 | 1 |
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | Yes | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
To calculate how much income a franchise owner can do at Cartridge Depot Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Legal Disclaimer: This information is not a franchise offering for Cartridge Depot and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Cartridge Depot franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Cartridge Depot
10324 S. Dolfield Rd.
Owings Mills,
MD
21117