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Updated RecentlyThe Visual Image Franchise
Preschool and pet photography
Paul Holman founded Visual Image in 1984 after leaving his job as a photographer with a small portrait company. Intent on building a business that would give him the creative freedom he wanted, Paul joined forces with his brother, Donald, and formed the Visual Image Inc. franchise company in 1994. The private company has more than 17 locations throughout the United States and is based in Maryville, Tennessee.
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How much does it cost to open a The Visual Image Franchise?
The investment required to open a The Visual Image Franchise is between $37,300-$37,500. There is an initial franchise fee of $23,500 which grants you the license to run a business under the The Visual Image name.
Individual Unit Costs
- Initial Investment:
$37,300-$37,500 - Initial Franchise Fee:
$23,500 - Royalty Fee:
0 - Advertising Fee:
- Term of Agreement:
3 years - Renewal Fee:
$2K
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When did The Visual Image start Franchising? 1994
| Year | U.S.A. | Canada | International | Corporate |
|---|---|---|---|---|
| 2005 | 21 | 0 | 0 | 1 |
| 2004 | 19 | 0 | 0 | 2 |
| 2003 | 17 | 0 | 0 | 3 |
| 2002 | 17 | 0 | 0 | 3 |
| 2001 | 17 | 0 | 0 | 3 |
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | Yes | No |
| Startup Costs | No | No |
| Equipment | Yes | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
Support
Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks, Regional advertising
Franchise can be run from home.
20% of all franchisees own more than one unit
Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is allowed. (90% of current franchisees are owner/operators)
Business Experience:
Your income potential as a The Visual Image Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your operation costs and increasing the quality of your products and or services. Each month your operating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the next, you may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Legal Disclaimer: This information is not a franchise offering for The Visual Image and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a The Visual Image franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
The Visual Image
The Visual Image Inc.
100 E. Bockman Way
Sparta,
TN
38583