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Minuteman Press Franchise Cost & Fees

Date of Incorporation: 1973
Franchising Since: 1975
Headquarters: Farmingdale, New York

Business Description: Minuteman Press centers offer all aspects of printing and marketing related services including digital printing, design, finishing, mailing, advertising specialty items, and related marketing services. The general market includes businesses as well the general public.

Franchise Offer: Franchises are offered to qualified persons for the right to own and operate a Minuteman Press or International Minute Press full service printing center using the trademarks and business system of the franchisor.

Financial Assistance: Minuteman, through its division, ML Leasing, may make available to qualified franchisees, a four- or five-year lease for a reconditioned equipment package (if available). Except as noted, Minuteman does not offer direct or indirect financing of the initial investment, equipment, or the continuing operation of the franchise. Minuteman does not guarantee the franchisee’s note, lease or any other obligation to third parties. Franchisees may be eligible for expedited and streamlined SBA loan processing through the SBA's Franchise Registry Program.

Training and Assistance: Minuteman provides franchisees with a training program for 10 days over two weeks at the Minuteman Press Training Center. Minuteman shall pay the cost of training, transportation and lodging for one owner during the training period. Minuteman provides training for additional employees of the franchisee. Franchisees will, however, be responsible for all transportation, food, lodging and other expenses incurred by the additional trainees. Franchisees may thereafter receive, at their own expense, additional training or have an immediate family member receive training.

Territory: Franchisees will not receive an exclusive territory. Franchisees may face competition from other franchisees, from outlets that owned by Minuteman, or from other channels of distribution or competitive brands that controlled by Minuteman.

Term of Agreement and Renewal: The length of the franchise term is 35 years with an option to renew for an additional 35 years, if requirements are met.

Obligations and Restrictions: The franchisee, or fully trained manager if the franchisee is a corporation, partnership, or other business entity, must devote full-time and best efforts to the management and operation of the center. The center must at all times be under the direct on premises supervision of a manager who has attended the training program. Minuteman does not restrict the types of goods and services that franchisees may offer, but requires franchisees offer and sell only goods and services that have been approved.

Estimated Number of Units: 935

Investment Tables:
Initial Investment
Name of Fee Low High
Initial Franchise Fee $21,000 $45,000
Real Estate $1,000 $5,000
Real Estate Security Deposit $1,000 $5,000
Equipment Package Deposit (if leased) $4,135 $4,135
Equipment Package $48,043 $48,043
Leased Equipment $1,322 $1,322
Equipment Package (Reconditioned) (if available) $1,000 $1,800
Software $0 $6,995
Insurance - 6 months $750 $2,000
Shipping $3,000 $8,000
Utility Deposits $0 $1,000
Business Licenses $0 $1,000
Additional Funds (0-6 months) $30,000 $45,000
Approximate Total (if equipment is leased) $62,207 $117,957
Approximate Total (if equipment is purchased outright) $106,115 $165,865
Other Fees
Type of Fee Amount
Royalty 6% of total gross revenue, subject to the Royalty Incentive Program.
Software $6,995 and $285 (plus applicable sales tax).
Audit Cost of audit will vary.
Additional Training Hotel, food and airfare.
Transfer/Training Fee The greater of $21,000 or the then current fee.

The above information has been taken from the FDD of Minuteman Press. Year of FDD: 2016

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