Legacy Kwik Kopy Franchise Ready To Pass The Torch
Relocatable, IL Peoria County
Seller's Contact Information
- RE: Legacy Kwik Kopy Franchise Ready To Pass The Torch
- Contact: Chris Mercier
Quick Facts
| Asking Price: | $100,000 | |
| Annual Revenue: | $277,615 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $44,894 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $73,175 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1983 | |
| Employees: | 2 | |
| BBN Listing #: | SB-54991 | |
| Broker Reference #: | STLOUIS001-54991 |
Business Overview:
We're Kwik Kopy, and we've been a copy shop in Peoria Heights, IL, since 1994. We offer a wide selection of services, including promotional products and custom forms. If you need quick and professional printing at an affordable price, we're the company for you. Our services include: design, binding, and copying; business cards; brochures; flyers; newsletters; and postcards. After running a successful business for over 20 years the owners are ready to pass the torch to the next entrepreneur. Our market includes the Central Illinois tri county area. We offer a retail space for walk in customers, but a majority of the customer base is business to business. We work with various not for profit organizations and churches. Additionally, we work with several medical, financial and legal businesses. Many long-term relationships in place.Business is run with (2) employees, the owner and a 32-year tenured employee. Strong franchise support with a comprehensive training and operational guidance structure. The franchisor FDD will outline the application and acceptance process. The new franchisee will sign a new (shorter) Franchise Agreement (15 years rather than 25) at a lower rate of 7%.
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Property Features and Assets:
The business has no debt or leases on the equipment. The main color and b/w printers were purchased in March 2024 at the end of lease. Prior to that the equipment had always been leased and updated every 5 years. The equipment is under a yearly maintenance agreement with Ricoh. The maintenance is charged based on the clicks used on a monthly basis.
Market Competition and Expansion:
The future owner could offer an ecommerce website. This is a service provided by the franchise at no cost as part of the agreement. The franchise runs our website, file transfer and ecommerce site as part of the agreement. Owners who have started using that offering have seen on average a 10% increase in revenue. Social media marketing, signage and mailing equipment, envelope equipment, wide format, promotional items are other opportunities for increased revenue.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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