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Updated RecentlyRapid Refill Ink vs Lasertech Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rapid Refill Ink vs Lasertech including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $66,000 - $219,000 | $70,000 |
| Franchise Fee | $30,000 | $30,000 |
| Royalty Fee | 6% | - |
| Advertising Fee | - | - |
| Year Founded | 2002 | - |
| Year Franchised | 2004 | - |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | $7.5K | - |
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/No | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | No/No | -/- |
| Inventory | No/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | - |
| Support | Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
| Marketing | Co-op advertising | - |
| Operations |
85% of all franchisees own more than one unit
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators) | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Rapid Refill Ink
The leader in low cost inkjet and laser toner cartridges. Fully automated remanufacturing production site with a retail storefront environment. RAPID REFILL INK has a diversified approach to the market and product offering. With the sales strategy and marketing message we have created, we fully anticipate the ability to enter into any market region and quickly gain substantial market share. Our stores offer printer cartridges for an average savings of 50% over OEM!
About Lasertech
NO LONGER FRANCHISING
Lasertech are one of the largest manufacturers of printer cartridges in the UK. Established in 1989 using a £1500 Princes Youth Business Trust Loan Lasertech today offers more than 30,000 printer consumables and offices products via 85+ franchisees and a mail order business. Lasertech operate a unique printer cartridge recycling scheme that allows customers to earn credit for empty cartridges and also provide the option to donate to charity. Lasertech have recently expanded into Ireland and Spain and are now looking for additional franchisees and master franchisees across Europe.