Rapid Refill Ink Franchise Business Opportunity
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Rapid Refill Ink is a franchise operation in the business of remanufacturing inkjet and laser toner cartridges. Our retail stores provide an environmentally friendly, low cost refill solution that is quick and easy and offers a savings of up to 70% of the cost of new cartridges - and no waiting!
Why Rapid Refill Ink?
Unlike donuts, sub sandwiches, pizza or oil change franchises, the retail remanufacturing and refilling of inkjet and laser toner cartridges is a brand new, extremely exciting franchise opportunity category. Specialty product stores that have a focused product offering who provide first class, high-end customer service and add on value are emerging in the retail market as targets for experienced, successful entrepreneurs. The secret is staffs who know their products and retail issues who can communicate to the consumer with confidence - this is our fundamental operating statement at Rapid Refill Ink - "people first."
Rapid Refill Ink opened its first store in Eugene, Oregon in 2002. The business model was so successful that they started to franchise the business in 2004. With over 100 locations spoken for in just 18 months of franchising, Rapid Refill Ink is well on its way to being the largest remanufacturing retail storefront in the United States.
Evolution of the Industry
The retail remanufacturing industry is evolving to meet the needs and demands of all cartridge end-users through servicing both commercial accounts and at home printer users. Rapid Refill Ink remanufactures and provides all cartridges whether they are inkjet or laser toner, photocopier or fax machine, large or small, black or color.
At Rapid Refill Ink we believe in the principle of superior cartridge quality delivered at a desirable price. To fulfill those requirements we have developed a process by which we remanufacture and refill each cartridge with an easy to use automated system of equipment which allows us to batch our cartridges - this is what sets us apart from the competition. We have designed our retail stores to have an equipment package that is expandable to grow as the franchisee needs it and with the industry booming as it is they will need it!
Pure Market Potential
The market potential in this industry is virtually untapped when you take into consideration that less than 10% of the US population even knows that cartridges can be remanufactured and refilled, not to mention the fact that people are printing more. Currently in the US we print nearly 3.5 trillion pages annually using desktop printers and this number is expected to grow to 11 trillion pages annually by the end of this decade due to the increased use of the internet, skyrocketing digital photography and lower hardware (printer) costs.
Rapid Refill Ink's high profile retail locations, strong branding, environmental décor (carpet is 52% post consumer content, the countertop is crushed sunflower seeds and the slat wall is made of wheat stock), customer focused locations and national recognition make Rapid Refill Ink one of the most desirable franchises available.