Cartridge World Franchise
Cartridge World is a franchise for a business providing replacements and sales of printer and fax cartridges.
It was founded in 1988 in Adelaide, Australia. They started franchising it in Australia in 1992. It was brought to the United States in 1997, to Harrogate, North Yorkshire, UK in 2001. It was in 2003 when they brought the first United States franchise in Orlando, Florida. They celebrated their 1000th worldwide store in August of 2005. The 500th store in the United States was opened in 2006. Cartridge World was sold to Wolseley Private Equity, Australia in 2007. The current Chief Executive Officer is Tom Fricke. He served the Navy for five years after he went to the Naval Academy. He also attended Stanford Graduate School of Business. Their mission is to help businesses save on costs and to save the environment. They encourage the reuse of cartridges to lessen the impact on landfills. What they want is to reach that day when reusing cartridges becomes as common as separating waste materials in our trash bins. They now have 596 locations in the United States, 10 in Canada, and 990 locations in other countries.
What products and services do they have at Cartridge World?
They provide refilling for printers or fax machines from HP, brother, Epson, Dell, Canon, Lexmark, Xerox, Samsung, Panasonic, and OKI. They call this process, remanufacturing. In remanufacturing inkjet cartridges, the cartridges are firstly tested to check if it has clogged, then it is cleaned, filled with the appropriate ink and amount, tested in a printer for three to seven times, then repackaged for you to take home and use. For laser toner cartridges, the cartridges are completely disassembled, every part will be cleaned and inspected, damaged parts will be replaced, then filled with toner, it will be tested up 10 to 20 times, then repackaged for you to take home and use. They also offer 100% satisfaction guarantee. They say that they provide quality inks and toners for major brands and undergo rigorous testing. They give assurance that they use a state of the art refilling technology and it does not affect printer warranty.
Cost and requirements on running a Cartridge World franchise
You need to have a net worth of $250,000 and a total liquid asset of at least $50,000. Expect to be investing about $120,000 to $195,000. The cost of Cartridge World franchise fee is $30,000 with an on-going royalty fee of 6%. This is for a renewable 10 year term agreement. You will need about three employees to run one location. They allow multi-unit ownership. They do not allow absentee ownership.
What is included in the franchise package?
There will be two weeks training at the headquarters and two weeks at your location. You will be receiving newsletters and a toll free phone number. You will be given access to the internet and purchasing cooperatives. You will also be given assistance at the grand opening. Expect to be attending meetings and receiving occasional field evaluations. For marketing support, there will be ad slicks, regional advertising, and national media.
Cartridge World Contact Details
You may reach them at:
Address: 6460 Hollis Street Emeryville, CA 94608 USA
Phone: (888) 997-3345