Kall Kwik estimates that their average centre brings in about £420,000 in turnover each year. However they also claim to have some centres in excess of £1m per year and many above £500,000. Pre-tax net profits are said to be around 25%.
As Derrick Simpson, franchise sales manager at Kall Kwik sums up: "The print centres are very lucrative so the biggest attraction is money. There can be serious lifestyle benefits."
Prontaprint also have centres that bring in in excess of £1m suggesting that there is considerable money to be made in the print business.
However, potential franchisees should be beware of expecting to make too much money too soon.
Most of the high turnover figures come from businesses that have been established for several years. And, while there is considerable demand for these services there are also a lot of costs involved.
Your first year might just break even or could incur a small loss, however, thereafter as long as you work hard and follow the franchisors advice it is likely that you will move on to a course of rising profit.
Many profitable franchisees then tend to buy other franchises near to their area and therefore double their profits.
You could become a millionaire in a relatively short amount of time. But give up any dreams that it will happen overnight.
