Sir Speedy
Sir Speedy
26722 Plaza Dr.
Mission Viejo CA 92691-6390
800#:(800) 854-3321
Tel: (949) 348-5000
Fax: (949) 348-5068
E -Mail: cluther@sirspeedy.com
Web Site: www.sirspeedy.com
Contact: Ms. Carole Luther
We are a worldwide printing, copying, graphic design and digital communication network, operating in 23 countries. We have been in business 29+ years and are the industry's leader with over $750+ million in network sales among our 1,500+ units. We have 3 separate brands - SIR SPEEDY, PIP and MULTICOPY. We operate in North, Central, and South America, as well as the Far East under the SIR SPEEDY name. In Europe, we own MultiCopy, BV in the Netherlands, which has 90+ centers in the Netherlands, France and Austria. We will develop the EU under the MultiCopy banner. We also operate PIP in the U. S. and U. K. It is our strategy to have all our units linked digitally to each other for the transfer of electronic documents anywhere in the world. We view this as a key issue in the global communication scenario. -1
Franchisor Background
Established: 1968
First Franchise: 1968
First International Franchise: 1984
Franchise Units: 660
Company-Owned Units: 1
Total Units: 661
Distribution:
U.S. - 1,372 (including PIP, a sister company); Canada -- 9; International -- 149
Projected Total New Units Over Next 12 months: 50+
Projected New International Units Over Next 12 months: 15+
Size Of Corporate Staff: 67
Financial Projections Provided: No
Term of Franchise Agreement/Renewal (Master): 25/25
Term of Franchise Agreement/Renewal (Area): 25/25
Minimum Financial Requirements: A minimum of US$500K is needed to consider an international Master License. This would cover the franchise fee and initial equipment for the first unit of an average country.
Expansion Requirements: They would have to comply with a predetermined schedule of annual openings which would entail opening x units in y years.
Franchisor Financial Assistance: NR
Franchise Fee(Master): The fee is based on the size and potential of the country.
Franchise Fee(Area): Similar method is used, though actual fee is determined by the master licensee.
On-Going Royalty (Master): A minimum of 3% is charged. In those countries that are too small to franchise, a higher royalty may be charged.
On-Going Royalty (Area): Variable, depending upon market conditions. Usually 6-8%.
Franchisor Ad Program: There is no on-going fee for advertising royalties internationally, though they may avail themselves of the domestic materials we develop. These may be altered for local use, or purchased at cost plus shipping. No international ad fund. Each country will administer its own ad fund, collecting 1%-2% fees.
International Trade Associations: IFA
Franchisee Qualifications
Ranked 1-5, 5 Being Very Important
Net Worth: 4
Business Experience: 5
Ability to 'Get Things Done': 4
Industry Experience: 2
Franchising Experience: 3
Psychological Profile: 4
Personal Interview(s): 5
Training/Services
Initial Franchisee Training: 1 week in the country conducting the market review; 2 weeks in the U. S. with classroom training; 1 week in the U. S. in-store and corporate training; 2 weeks of opening in host country and 1-week follow up in six months. On-going training at annual meeting and yearly international convention.
On-Going Support: C,H,J
(Click here for an explanation)
International Agreements
Individual Operating Units: Sometimes
Master Franchising: Most Often
Area Development: Sometimes
Licensing: Never
Foreign Subsidiary: Sometimes
Joint Venture: Sometimes
Other:
Preferred Franchise Relationship: In anywhere but the EU, we prefer the master license concept, where a group or company would become the exclusive franchisor for a geographic area. In the case of Japan, we would consider a joint venture with the right company. In the EU, we would have a combination of Company Owned Units and Individual Sub-Franchises, Master Franchising and/or Area Development.
Seeking Partners In
North America: US (728), CAN (9)
Europe/Eastern Europe: AU (8), BE, BU, CZ, DE, FI, FR (8), GR, GC, HU, IR, IT, NE (81), NO, PO, PT, RU, SP (3-Not Seeking), SW, SZ, TU, UK
Far East: AS, CH, HK, ID (3), JA, KO, MA, NZ, PH, SI, TA(3), TH
Mexico: MX (5)
Caribbean: PR (4)
Central America: BE, CR (1), EL (1), GA (2), HO, NI, PA
South America: AR (3), BO, BR (4), CH, CO (8), EC, PE (1), VE
Middle East / India: SA, UA
Africa: SO
Countries Not Listed Above:
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