SpeedPro
$100,000
$49,500
118
1995
Centennial,CO
Paul Brewster
Overview
Think. Great. Big Graphics. SpeedPro is a wide-format printing and graphics franchise that is exclusively B2B. Our Studios deliver premium, custom, and high-quality visual solutions to meet individual client needs.
Features of Business Model:
- Business to Business, Repeat Client & Repeat Revenue
- High-profit margins - 65%+
- Monday-Friday 8 am - 5 pm
- Low employee count - start with 1
- Scalable from one location - add additional equipment and employees, or buy multiple territories (hub and spoke).
- Light industrial/tech-flex space Studio location - lower overhead
- KickStart Program allows franchisees to generate revenue before they open their Studio doors by working with a Buddy Studio to produce products for clients.
Franchise Unit Trends and Revenue
118
-
$901,081
* in 2023
Franchise Fees
$49,500
Veteran's Fee: $39,500
4.0% - 6.0%
Gross Sales
0.75% - 1.75%
Gross Sales
Why Choose SpeedPro?
Although we're moving towards a world of digital advertising, brick-and-mortar businesses must still rely on physical signage to attract customers. Signage remains an important marketing strategy for local businesses, as it can be used for both branding and advertising.
Great. Big Graphics.
Our SpeedPro franchisees specialize in creative, wide-format projects such as B2B on-demand production and installation of large-format graphics such as murals, billboards, vehicle wraps, tradeshow displays, floor graphics, signage, and more.
Based on the current 2023 FDD Item 19, the average gross sales of the top 25% of SpeedPro Studios was $1,488,094 with that same group realizing an average owner discretionary profit of $412,670 during that same period.
Starting Costs and Investment Requirements
$233,642 - $350,134
$300,000
$100,000
Training and Support
Franchisor training includes comprehensive new owner training, online learning resources, Home Office support in business operations/production/marketing, webinars, business coaching, and annual convention.
Week 1 Business Training - Franchising 101, Finance, Sales, Marketing, Recruitment & Retention.
Week 2 Production Training - hands-on equipment, software, and workflow training with our large-format industry experience team
Ongoing Training and Support:
- Full access to support team at Home Office – production, equipment, software, email, website, and marketing
- SpeedPro University online learning center and The Hub resource center
- Webinars – finance, sales, best practices and other topics
- One-on-One Business Planning and Coaching – SpeedPro Field Consultants/Regional Developers
- Annual SpeedPro Convention – spend time getting to know other owners and take advantage of the collaborative spirit of the entire network
History
Our story began when Blair Gran opened the first SpeedPro Signs shop in Alberta, Canada. Blair was the product of a sign-making family and combined his family’s reputation for excellence with new technology. His innovative techniques increased productivity and provided customers with more options than ever before.
In 1991, Blair’s model proved so successful that he began franchising SpeedPro Signs in 1996 in Canada. The SpeedPro brand became synonymous with creative imaging solutions and service that was tailored to businesses. SpeedPro became more than just a vendor to its customers – it became a partner.
In 2001, Blair revolutionized his franchise empire by integrating the desktop computer with wide-format, full-color processing. SpeedPro became one of the first major franchises to shift into wide-format image production and away from sign-making. It was also at this time “Imaging” was added to the SpeedPro name. This change allowed businesses who had never had access to wide-format printing to find affordable solutions, creating an entirely new market in which SpeedPro continues to excel to this day.
In 2003, SpeedPro began franchising in the USA with three locations in the Dallas, Texas market. In 2014, SpeedPro was acquired by a new ownership group. In 2019, SpeedPro reimaged its brand appearance and SpeedPro continues to fuel a drive and passion for success. The franchise continues to expand and grow to this day with over 170+ Studios across the USA and Canada.
Testimonials
"What drew me to SpeedPro was the high quality and revolutionizing the [large format printing] industry. I didn't think I wanted to get into the printing business, but when I learned of the model, I really liked the quality and service focus." - Steve Moran-Cassese, San Rafael, CA
"We chose SpeedPro because it was on the leading edge of print technology, is within a growing, creative industry, and includes an incredible owner network. No matter the issue, there’s always an owner offering advice and support." - Littie and Karen Brown, Marietta, GA
"The principal thing that attracted me to SpeedPro was the other owners in the system. We have 130+ owners... and there is a lot of power in that. They're accessible, they share ideas, experiences, tough times and good times... and that has been a life line as we have progressed. I was looking to get more flexibility in my lifestyle so I could spend more time with my family. I also always wanted to take a shot and try to build my own business. SpeedPro offered me that opportunity." - Gary Yenser, Memphis, TN
Ideal Candidate
The ideal SpeedPro franchisee candidate has a sales, marketing, or business development background and has strong networking abilities. Franchisees must be comfortable building relationships and sales in their community and overseeing day to day operations of their business. Experience in the printing industry is not required to be a SpeedPro owner, but a business professional with experience in sales and marketing in the B2B environment generally has the skillsets necessary to be successful as a SpeedPro franchisee.
The information is based on the 2022 item 19 FDD and includes certain financial performance representations based on historical data and projections.
