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Updated RecentlyLasertech vs 123 Refills Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Lasertech vs 123 Refills including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $70,000 | $87,000 - $170,000 |
| Franchise Fee | $30,000 | $25,000 |
| Royalty Fee | - | 6% |
| Advertising Fee | - | 2% |
| Year Founded | - | 2004 |
| Year Franchised | - | 2005 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| 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/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 | - | 123 Refills offers 3 weeks of initial intensive training including on-site support and training for new franchisees. |
| Support | - | Ongoing support is provided via telephone, online and on site visits. 123 Refills software technology is continuously updated to push new information to franchisees about new printer / cartridge releases, technical information, sales material and other vital technology updates to its franchisees. The company is on the forefront of R&D into new cartridge refilling technologies, and supports its franchisees with a centralized product distribution ensuring faster and more efficient product sourcing and delivery. |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
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.
About 123 Refills
123 Refills stores offer remanufactured and compatible inkjet, laser toner and other cartridge types at substantial savings compared to buying original cartridges. The stores also offer refill services for most popular models, saving the customers even more when they bring in their empty cartridge to have it professionally refilled and remanufactured by 123 Refills. The key to the product quality and customer satisfaction success for 123 Refills lies in its 3 step remanufacturing process � CLEAN, REFILL and TEST. Clean: All cartridges are thoroughly cleaned and inspected for defects and wear. Old ink or toner is evacuated and the cartridge is prepared for refilling. Cartridges or parts that don't meet the 123 Refills quality standards are removed from the production line. Only the highest quality components make it through to the next step. Refill: Each cartridge that has met the 123 Refills quality standards is then professionally refilled with the company's patented formulas. Test: Every cartridge that is refilled is first tested to ensure that it has been filled to equal or more capacity of the original. In some instances, 123 Refills stores can refill cartridges up to 200% the capacity of the originals. The cartridge is then tested on a physical printer to ensure that it meets or exceeds the company's quality standards.