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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.
Below is a quick comparison of Cartridge Depot against other Cartridge & Toner Refill Service franchises and business opportunities. For an in depth comparison of Cartridge Depot with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
123 Refills | $25,000 | 6% | 2% | $87,000-$170,000 |
Caboodle Cartridge | $12,520 | Varies | $63,000-$118,000 | |
Cartridge on Wheels | $25,000 | 6% | 0 | $65,000-$105,000 |
Cartridge World | $18,500 | 6% | $36,900-$109,500 | |
Discount Imaging | $25,000 | 6% | $80,600-$109,700 | |
Ink Re-Phill | N/A | $115,000-$149,000 | ||
InkTonerInc | N/A | $27,000-$62,500 | ||
Island Ink-Jet Systems | $29,000 | 6% | $80,800-$109,400 | |
Lasertech | $30,000 | $70,000 | ||
Rapid Refill Ink | $30,000 | 6% | $66,000-$219,000 | |
RWorld | $20,000 | $42,700-$56,400 |