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Lasertech Irish Franchise OpportunityAbout Us
Established in 1989, Lasertech, a privately-owned company, is a leading independent manufacturer of compatible toner and ink cartridges and supplier of office products. Lasertech sell s around 70 printer cartridge brands including our own Lasertech brand and other well-known brands such as HP, Epson, Canon, and Samsung, direct to businesses. Aiming to make Lasertech the number one choice for office products, we sell a complete range of more than 25,000 products. Across our network we have nearly 100 franchise territories operating. These are a mixture of company and franchise owned. Over 500,000 of our printer cartridges are in use every day! With franchisees in Spain, Ireland and across the UK, Lasertech is now looking for motivated and committed people to share our success and develop our brand in Ireland. The Lasertech franchise model Our business model is simple yet advanced, something that has been continually developed since 1989 and more rapidly since we started franchising in 2002. Customers demand quality products, good value and FAST FREE DELIVERY. This is what Lasertech stands for. As a Lasertech franchisee, you will benefit from sourcing your stock from Lasertech and from Europe’s largest stationery wholesaler. We run an automated stock system and the latest IT software and hardware to give our franchisees a competitive edge. Office products are run as a stockless system using a network of distribution centres across the UK, plus our Dublin and Belfast operations. This means you don’t need to stock any office products, it’s all delivered to your customers on your behalf. If you so choose you only need to carry limited cartridge products due to our ordering and delivery system, so you don’t have lots of money tied up in stock. Having depots in Dublin and Belfast means our Irish franchisees have products locally sourced but pay a lower price than other independent Irish dealers due to being part of the Lasertech network. The market place Together the printer cartridges and office products market is growing every year. 99.9% of businesses use printer cartridges and 100% use office products of some kind. An average office spends €470 per employee, per year on office products alone. The printer cartridge industry is fast moving with new product launches and innovations meaning the products we sell are CONSUMABLE. Repeat business is what we aim for and what we get when we keep our customers happy. In fact the major manufacturers often don't make any money from selling printers, the profit is in the printer cartridges. It is unusual for a business to send staff out to shops to buy printer cartridges and office products – they expect them to be delivered to their desk, and they want it delivered fast and free. The traditional option is for them to browse catalogues at their desk and order over the telephone or online. This is what Lasertech and you, as a franchisee do day-in, day-out as well as much, much more. Lasertech have successfully migrated many of our customers to order online which has reduced our franchisee’s overheads and increased average order values. Lasertech and its franchisees are unique in the market place; no-one else in the industry provides national cover and international buying power with a local specialist service provided by our franchise network. No hard selling is required as hard selling involves selling things businesses don't really want or need. Instead persistence is the key to gain customers; the ability to continually persevere is far better than previous sales experience when running a Lasertech franchise. Why become a Lasertech franchisee? There are many reasons to seriously consider a Lasertech franchise, including:
Training and Support
How we support our franchisees
Lasertech has a policy of re-investment, this means our business is constantly changing and growing to meet and exceed the needs of our franchisees and their customers. Continuing to support our franchisees is a main part of this. Head Office support includes:
How we promote the Lasertech brand Lasertech has a very strong brand and excellent proven product range. The level of brand recognition in the market is established and growing. Examples of the types of marketing Lasertech franchisees and head office carry out are as follows;
Finance
The Lasertech franchise options Lasertech require two very different types of people to run and operate our Franchise. Depending on your requirements and skills you will either be suitable as an Operator or a Management Franchisee.
Option 1 – Operator Franchisee You will receive as part of your franchise package;
Total Franchise Package Costs: €17,550* Up to 70% of the total costs of the franchise can be funded by a bank, subject to status. We expect each Operator Franchisee to achieve sales of €117,000* at about 38% margin within 18 months. Option 2 – Management Franchise As part of your franchise package you will receive;
Total Franchise Package Costs: €45,630* Up to 70% of the total costs of the franchise can be funded by a bank, subject to status. We expect a Management Franchisee to achieve double this (2 staff, 2 vans) and then continue this growth with more staff. Actual sales figures for Franchisees operating both options will be made available after confidentiality declarations have been signed. Who's Ideal for Us
Hear from some of our franchisees Kerry McCaughey, Lasertech - Stoke UPDATE: Kerry decided with his family to move to Australia after building his franchise to become one of the best in the UK. After making tremendous profits for two years he sold his Franchise for four times what he paid for it. John Alder, Lasertech - Cumbria Ajit Jain, Lasertech - Slough Dane Beckett, Lasertech - Shrewsbury UPDATE: Dane won best newcomer in our 2008 Franchise Awards. Dane worked with Mike Astbury, his Lasertech Business Development Manager, to introduce a direct delivery system into his territory. This freed up more of his time to win new customers, which is what he did! He is recording a 50% growth year on year. Request Further Information*indicates a required detail Copyright ©whichfranchise.ie 2010. All Rights Reserved. whichfranchise - a complete franchising resource offering information and opportunities for prospective franchisees and franchisors in Ireland. Contact whichfranchise | about whichfranchise | Terms of Use |
Company FactsBusiness Description The Lasertech opportunity is a van based management franchise supplying businesses with printer cartridges and stationary. Industry Sector Business Services Irish Franchise Association Membership Yes BFA Membership Yes International Franchise Association Membership No Franchise Type Management Minimum Total Investment € 52000 Contact DetailsContact Justin Williams Address Tel 0870 787 2323 Fax 0870 787 0708 |