Franchising Since: 1975
Headquarters: Farmingdale, New York
Estimated Number of Units: 1,015
Franchise Description: Minuteman Press International, Inc. is the franchisor. Franchises are granted 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. 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 for franchises includes businesses as well as the general public.
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Territory Granted: Franchisees will operate from a location approved by the franchisor. Franchisees will not receive an exclusive territory. Franchisees may face competition from other franchisees, from outlets the franchisor owns, or from other channels of distribution or competitive brands that the franchisor controls.
Obligations and Restrictions: During the term of the Franchise Agreement, except as otherwise approved in writing by the franchisor, franchisees, or if they are a corporation, partnership, or other business entity, a principal, general partner, or their fully trained manager, 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. Franchisees must also maintain a competent, conscientious, neat and trained staff where applicable. The franchisor does not restrict the types of goods and services that franchisees may offer. However, the franchisor requires franchisees to offer and sell only goods and services that it has approved. Approval is based on whether the goods or services are lawful and do not injure the franchisor’s name or system, in its opinion.
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.
Financial Assistance: Except as noted, the franchisor does not offer direct or indirect financing of a franchisee’s initial investment, equipment or the continuing operation of the franchise. The franchisor does not guarantee a franchisee’s note, lease or any other obligation to third parties. Franchisees may obtain financing from third-parties, including lending sources the franchisor may suggest to assist franchisees in the financing of the equipment package. The availability of financing will be subject to the franchisee’s financial strength as well as current market conditions. The terms and conditions of any financing will be arranged between franchisees and the third party lender. The franchisor has arranged for certain equipment leasing through Xerox Corporation. The franchisor, through its division, ML Leasing, may make available to qualified franchisees, a four or five year lease for a reconditioned equipment package (if available) described in the Franchise Agreement.
Estimated Initial Investment
Name of Fee | Low | High |
Initial Franchise Fee | $35,000 | $48,500 |
Real Estate | $1,000 | $5,000 |
Real Estate Security Deposit | $1,000 | $5,000 |
Equipment Package Deposit (if leased) | $8,050 | $8,050 |
Equipment Package | $98,148 | $98,148 |
Xerox Leased Equipment (monthly) | $941 | $941 |
Equipment Package (Reconditioned) (if available) | $1,000 | $1,800 |
IT/Computer & Networking | $0 | $2,000 |
Software | $0 | $7,995 |
Insurance (6 months) | $1,000 | $2,000 |
Shipping | $4,000 | $10,000 |
Professional Fees | $1,000 | $2,500 |
Utility Deposits | $0 | $1,000 |
Business Licenses | $0 | $1,000 |
Additional Funds (0-6 months) | $30,000 | $45,000 |
ESTIMATED TOTAL (if equipment is leased) | $81,991 | $130,991 |
ESTIMATED TOTAL (if equipment is purchased outright) | $172,089 | $221,089 |
Other Fees
Type of Fee | Amount |
Royalty | 6% of total gross revenue, subject to the royalty incentive program. |
FLEX Management Software | $7,995 at the time of purchase and $405 annual fee (plus applicable sales tax) payable on the anniversary date of the software license. |
Website | $0 to $395 per month, subject to increase. |
Internet Marketing Program | $280 to $3,000 per month, subject to increase. |
Audit | Cost of audit will vary. |
Additional Training | Hotel, food and airfare. |
Transfer/Training Fee | The greater of $35,000 or the then current fee. |
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