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Below is an in-depth analysis and side-by-side comparison of Island Ink-Jet Systems vs Cartridge Depot including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $80,800 - $109,400 | $78,334 - $191,265 |
Franchise Fee | $29,000 | $29,000 - $74,000 |
Royalty Fee | 6% | $250-$1000/month |
Advertising Fee | - | - |
Year Founded | 1995 | 2004 |
Year Franchised | 2000 | 2004 |
Term Of Agreement | 10 years | 10 years |
Term Of Agreement | 10 years | 10 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 | Yes/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/No |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | - | - |
Support | Meetings, Toll-free phone line, Internet, Field operations/evaluations | - |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Retail Stores
The Licensed Island Associate Program is an opportunity for you to download the non-revenue generating activities of your small business to the Associate group and gain a new partner that will contribute to the success of your business in a variety of ways also allowing you to focus your time where it should be focused- generating sales. Recycling is great, but Reusing is better. At Island Ink-Jet we believe in refilling and reusing cartridges whenever possible, before sending them for recycling and replacing them with a new one. Reusing an inkjet cartridge can save the energy and materials used in recycling it, decreasing the overall environmental impact of printing.
Sales Agents
Why open your own store, carry inventory, manage cash and billing? Becoming an Island Ink-Jet sales agent is like owning a business without any investment required and without having to manage any of the above! What could possibly be better?
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.