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Below is an in-depth analysis and side-by-side comparison of Cartridge Depot 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 | $78,334 - $191,265 | $70,000 |
Franchise Fee | $29,000 - $74,000 | $30,000 |
Royalty Fee | $250-$1000/month | - |
Advertising Fee | - | - |
Year Founded | 2004 | - |
Year Franchised | 2004 | - |
Term Of Agreement | 10 years | - |
Term Of Agreement | 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 | Yes/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 | - | - |
Marketing | - | - |
Operations | - | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
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.
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.