What's the initial investment cost of the franchise?

An average Studio investment is $250,000. Item 7 of our current FDD outlines specific costs and fees, and are discussed as part of the discovery process.

How long does it take to break even?

The SpeedPro Kick Start Program provides the opportunity to begin revenue generation right away and naturally accelerates the time to break even.

Does SpeedPro help ramp up my business?

Yes, upon signing your franchise agreement with SpeedPro, you’ll immediately enroll in the Kick-Start Program, giving you the tools to develop your business and your client base including learning the products and how to begin generating revenue well before your grand opening. This program is one of the most powerful resources in the franchising industry.

What’s the revenue potential?

Facts and Figures per our current FDD Item 19:

Average 2023 Gross Sales (Top 25% of Studios) $1,488,094
Average 2023 Owner’s Discretionary Profit (ODP)/EBITDA (Top 25% of Studios) $412,670
2023 System Wide Gross Sales $104,124,284
Year-over-Year Growth in System Wide Gross Sales 4.4%

How many employees will I need to begin?

A small team of employees is typically needed to open your SpeedPro Studio. Initially, each studio starts with two employees. Over time as the business scales, additional employees can be added. The average studio has two to four employees per location.

How much are the ongoing fees?

Based on monthly gross sales, up to a 2% Marketing Fund Fee is an ongoing expense. New franchise owners pay no royalty fee or minimum royalty fee for the first 12 months from the effective date of the franchise agreement to help ramp up the business. Then, a 6% royalty based on monthly gross sales.

Are multiple units available?

Yes, multiple units are available for qualified candidates.

Are there corporate-owned units?

No, all units are currently owned and operated by local franchisees!

Is a SpeedPro vehicle required? Will it be included in the franchise package?

No; however, you will need a studio vehicle to operate the business. The vehicle will be used for basic needs like making deliveries and going on sales calls. You’re allowed to use your personal vehicle for the business, and we encourage that it is wrapped with the SpeedPro approved wrap to display your location, services, and our brand. Vehicle graphics are one of the most cost effective advertising mediums out there and, given that it’s a key product line for SpeedPro, it’s critical to get the word out on your business and show your prospective customers the workmanship of SpeedPro.

Are there financing options?

SpeedPro has multiple third-party streamlined financing options for prospective franchisees. Call us and we will be happy to discuss your options with you. If you meet our minimum requirements of a $300,000 net worth, $100,000 in liquidity, and around a 700 credit score, we feel confident that our third-party funding partners can provide you with a funding option.

What's a day in the life of an owner like?

You can watch SpeedPro “Day in the Life” videos here.

Is sales experience necessary?

While experience in sales and developing business relationships is always an advantage, SpeedPro will assess your abilities during our mutual discovery process. SpeedPro Studios grow revenue through outbound sales efforts to building relationships at networking events – we find that regardless of background we can identify the sales traits to be successful.

What's involved in the Studio buildout?

The typical buildout requirement is minimal as we require an open floor plan for the production space and one to two offices for the owner and staff along with a vehicle bay. Most buildouts take 30-60 days, depending on the condition of the space.

What's the size of an average SpeedPro Studio?

Our Studios are typically in flex commercial locations and can operate with as little as 2,000-3,500 square feet of space. This minimizes the overhead cost of larger retail type locations.

What is an average territory size?

The average territory size is 7,000 businesses.

Does SpeedPro help franchisees choose a site and negotiate a lease agreement?

We’re happy to! Our expert real estate team assists with site location and lease negotiations for each Studio established.

Where are territories available?

Check out our available markets here.

Is equipment provided to franchisees?

Our turnkey program includes everything a new franchisee needs to open a SpeedPro Studio. We work with you hand-in-hand during the initial setup. Our FDD covers in detail the equipment and furnishings provided as part of the initial investment costs.

Is training provided to franchisees?

Yes! Training begins immediately upon signing the franchise agreement for the business. Once the Studio location is ready to open, extensive training (72 hours) will take place at the Home Office in Colorado or at the Studio where the new franchisee is opening.

What ongoing training is available?

The Home Office team and Field Consultants offer support and ongoing training on general business operations, finance and sales as well as technical aspects relating to the production of large format graphics. We also have an extensive Intranet called “the Hub” which offers 24-hour access to critical business tools.

How does SpeedPro compete with other large format printing services?

Our differentiation consists of providing the absolute highest quality graphics for our target customers, who value a partner that is focused on providing the right solutions with impeccable client service. This allows SpeedPro to stand out amongst our peers and to command premium pricing for our target market.

What clients does SpeedPro target?

We serve an extensive group of client categories, as the graphics we produce are used almost everywhere. Our target markets include marketing service providers (ad agencies and marketing firms), wholesale accounts (small format printers and sign shops) and direct clients such as small to medium size businesses, large corporations, government organizations, hospitals, and other entities). Being a B2B focused model means we tend to only work with other professional organizations and rarely if ever directly with non-business affiliated consumers.

How does SpeedPro plan on staying competitive in a shifting industry?

We have been the leaders in technology and innovation within the wide format printing industry for over 30 years and continue to revolutionize the visual and communications graphics industry. This perfectly positions each franchisee to be the go-to-source for marketing firms, ad agencies, and blue chip corporate brands.

We attend our industry trade shows and seminars to keep an eye on the changing landscape in the large format industry. We constantly evaluate the equipment and supplies our owners are using to service their client’s needs. In short, we’re always adapting. As long as we continue to adapt to our clients’ needs, our clients will continue to turn to you.

What Is the role of a field consultant?

Field Consultants are expertly suited to be the “on the ground” business consultant for our franchise owners. Having owned and operated a SpeedPro Studio, our Field Consultants have personally handled many of the day-to-day challenges you will face as a business owner.

Do you provide a point of sale and CRM system?

Yes! Our customized workflow/CRM software allows franchisees to quickly manage the operations of their studio, from CRM and product quotes, all the way to interfacing with our approved accounting system.