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Legacy Kwik Kopy Franchise Ready to Pass the Torch

Peoria Heights, IL
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Asking Price:$100,000
Gross Revenue:$277,615
Rent:$3,285
Established Year:1983
Cash Flow:$44,894
Inventory:$5,000
FF&E:$73,715
Listing ID: 2231804Listing provided by BizBuySell
BUSINESS DESCRIPTION

We're Kwik Kopy, and we've been a copy shop in Peoria Heights, IL, since 1994. We offer a wide selection of services, including promotional products and custom forms. If you need quick and professional printing at an affordable price, we're the company for you.

Our services include: design, binding, and copying; business cards; brochures; flyers; newsletters; and postcards. After running a successful business for over 20 years the owners are ready to pass the torch to the next entrepreneur. Our market includes the Central Illinois tri county area. We offer a retail space for walk in customers, but a majority of the customer base is business to business. We work with various not for profit organizations and churches. Additionally, we work with several medical, financial and legal businesses. Many long-term relationships in place.

Business is run with (2) employees, the owner and a 32-year tenured employee. Strong franchise support with a comprehensive training and operational guidance structure. The franchisor FDD will outline the application and acceptance process. The new franchisee will sign a new (shorter) Franchise Agreement (15 years rather than 25) at a lower rate of 7%.

DETAILED INFORMATION
Location
Peoria Heights, IL
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,775
Lease Expiration
30/04/2025
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business is currently located in an active business district. Space is rented, 1,775 sq. ft. located in a small office complex. Lease space through April 30, 2025. The space could be reorganized, and other equipment added for additional services. All assets are in good shape. Most bindery equipment has been kept updated through the years. Digital Printers 5 years old. Nothing has a lease or a loan on it.
Competition
The business has no debt or leases on the equipment. The main color and b/w printers were purchased in March 2024 at the end of lease. Prior to that the equipment had always been leased and updated every 5 years. The equipment is under a yearly maintenance agreement with Ricoh. The maintenance is charged based on the clicks used on a monthly basis.
Growth & Expansion
The future owner could offer an ecommerce website. This is a service provided by the franchise at no cost as part of the agreement. The franchise runs our website, file transfer and ecommerce site as part of the agreement. Owners who have started using that offering have seen on average a 10% increase in revenue. Social media marketing, signage and mailing equipment, envelope equipment, wide format, promotional items are other opportunities for increased revenue.
Support & Training
Franchisor provides extensive training and operation resources. The owner is open to a transition period.
Reason for Selling
Retirement
Franchise
This business is an established franchise
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Peter
Rook
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Peter Rook
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