Monthly Archives: October 2021

SpeedPro Has Opportunities in Every Major Market

October 22, 2021

For many businesses, franchise growth is a sign of success. As a company expands across cities, states and regions, they build a larger network of owners and an even larger customer base. However, most aspiring franchisees want to know that there are still opportunities for investment in their local area.

At SpeedPro, we’ve been fortunate to develop a network of over 150 large-format print studios across the United States and Canada. Through our affiliates, we’ve even expanded overseas, reaching to markets like Japan, India, Central America, South America and Mexico! Despite this growth, though, what makes us so attractive to investors is the fact that we retain a wide availability of markets. Entrepreneurs interested in SpeedPro should be glad to hear that we still have ownership opportunities in every major metropolitan market across the country.

How the SpeedPro network works

SpeedPro operates solely as a B2B business. This means our studio owners are working with businesses, public entities and nonprofit organizations in their communities to provide large-format print products. For this reason, SpeedPro studios need to be located in areas with ample B2B customers to market to! This also means that we are able to operate multiple studios within a particular metro area, as long as the business potential allows for it.

Having nearby studios in a particular area gives owners the opportunity to work together, especially when a new studio is in the development process. Before your doors even open, you can work with a “buddy studio” to learn tips and tricks and fulfill orders for your first set of clients.

Rather than open multiple locations, SpeedPro owners are encouraged to scale their businesses from their sole studio location. You’ll network with customers in your local community, taking sales calls and making deliveries from your centrally located business. As you capture more of the market, your studio can purchase more equipment and hire more staff to produce print products for a larger number of clients.

Where can you own a SpeedPro studio?

If you’re an aspiring franchisee and you’re wondering if opening a SpeedPro studio is possible in your area, there’s a good chance the answer is yes! SpeedPro currently has studio availability in every major metropolitan area across the country. From Los Angeles, California, to El Paso, Texas, to Indianapolis, Indiana, to Albany, New York, we have new studio opportunities nationwide.

In areas where SpeedPro has already expanded, there may be opportunities for entrepreneurs to purchase resale studios. Purchasing an existing business can come with a number of benefits, including a customer base that is already familiar with the brand and our work. We currently have resale opportunities in a range of popular markets, including Tempe, Arizona; San Diego, California; and St. Louis, Missouri.

By choosing a hot market near a metropolitan area, you’re able to set your SpeedPro studio up for the best chance of success. With countless businesses to choose from within driving distance, your studio will have ample opportunity for expansion. This is true whether you choose a new or resale studio, so explore our available opportunities!

Grow with SpeedPro

SpeedPro is the nation’s leading large-format print franchise. With over 150 studio locations and counting, we’ve established a name in the printing industry and have created the systems our owners need to achieve success.

If you’re interested in a local, hands-on franchise opportunity, SpeedPro might be the perfect choice for you. Fill out our contact form to get in touch with a representative and discover what opportunities await in your market.

How Our Small Footprint Keeps Overhead Low

October 13, 2021

Overhead is one aspect of running a business that might take entrepreneurs by surprise. Those small and large costs that aren’t directly related to production can add up over the course of a month. Over time, they can eat away at your profits! Keeping overhead low is something many business owners strive for.

At SpeedPro, you don’t have to try hard—our business model is designed with low overhead to begin with! The average SpeedPro studio maintains a 66 percent profit margin thanks, in part, to the ways SpeedPro saves our owners money.

Here are some of the key ways you’ll keep your overhead low while operating a SpeedPro studio.

Small staff

SpeedPro’s operations are best described as a “lean machine.” It doesn’t take a large crew of people to make your studio run efficiently. To open your doors, you only need one-to-two employees. As your business grows, you have the option of hiring more staff if needed.

Maintaining a small staff has a number of benefits—most importantly, your business gets to keep overhead low. You won’t be responsible for the salaries and benefits packages for tens of employees, so your month-over-month costs remain manageable and predictable.

Cost-effective studio

The typical SpeedPro studio itself also helps reduce overhead for our owners. You don’t need a massive warehouse, a commercial building full of offices, or a fancy storefront. Instead, your studio will be a modest 2,000 to 4,000 square feet. You’d be surprised at how efficiently you can run your business with such a small footprint!

Lean studio space requirements save SpeedPro owners in multiple ways. The initial cost of studio investment and buildout is lower, since less space is needed and the time to develop is shorter. Ongoing utilities and maintenance costs will also naturally be lower than they would be in a larger space. Both of these mean long-term savings for SpeedPro franchisees.

SpeedPro Studios do BIG work in relatively small spaces!

Local network

Most SpeedPro studios serve B2B customers in their communities. This local network approach reduces overhead costs in a few different ways. First, there’s no high costs associated with warehousing, packing and shipping completed products. Deliveries and installations are often made locally via company vehicle.

Second, there’s no need for expensive travel costs associated with the business. Because you’re meeting with customers in your area, you won’t have to pay for regular airfare, hotels and other expenses—just the cost of getting to and from local meetings and events.

Marketing and advertising support

Marketing and advertising costs are a few of the sneakier costs that get tacked onto a company’s overhead. While no business can eliminate the costs of marketing entirely, they can be reduced.

At SpeedPro, our home office offers owners a range of support services, including marketing assistance. What’s more, SpeedPro owners benefit from the established brand recognition and positive reputation in the industry. Combined, these things allow owners to spend more time conducting face-to-face networking within their communities and spend less money on marketing and advertising.

Take advantage of SpeedPro’s small footprint

As a whole, SpeedPro gives entrepreneurs the opportunity to invest in a business that’s relatively affordable upfront and on an ongoing basis. When it comes to overhead, our business model is designed in a way that keeps costs low and profit margins high.

Interested in learning more about the benefits of the large-format printing industry? A SpeedPro franchise consultant is ready to help! Fill out our contact form online to get in touch and begin the discovery process.