Leading printing, marketing and design franchise business Minuteman Press International is currently seeing a boom in interest from independent shop owners who want to sell their print business. This trend has been supported by a recent insight report released by business-for-sale exchange BizBuySell, which found that more people are buying businesses right now than ever before.
The report supported the idea that the market is equally beneficial for sellers and buyers currently, with seller confidence holding and buyer confidence rising. The print franchise, in fact, has seen a steady increase in buyers interested in its franchise opportunity or looking for an existing business that meets their requirements.
With more than 45 years of experience in the industry, this print brand has the ability to sell independent shops to a bigger pool of qualified buyers. The corporate team markets independent centers, evaluates potential candidates and helps them obtain financing, and provides training. In addition, the new owner then receives onsite support, and all of this can be done at no cost for independent print centers that qualify, making it an attractive route compared to using a business broker, who normally charges commission on the sale price.
A win-win Scenario in Action
When Domenic Tassielli searched for help selling his independent print business in Washington, he took advantage of Minuteman's conversion program and was able to sell the center to Jeff and Dawn Brown, who now have their own full-service Minuteman brand location. Tassielli said he met with Chris Jutt, the brand's regional vice president, after answering a letter he'd received in the mail, and he was able to successfully sell his store at a fair market price to the couple just a year later.
For the buyers, Jeff and Dawn Brown, buying a converted franchise made sense. According to Dawn, they chose the print brand because of its core values, the support system it offers franchisees, and the fact that it is family-owned, giving it a small-town feel with the resources of a far larger company.
The Print Industry's Future
A recent report from the Printing Industries of America says the print industry has become increasingly healthy over the last decade for several reasons. Print is a cost-effective marketing solution, and traditional print services tend to trend upward when the economy is strong. In addition to print services, this brand also offers branding solutions, custom designs, promo products, and direct mail marketing services to businesses, organizations and individuals.
Minuteman Press International is the top-rated print and business marketing franchise and offers top-of-the-line training and ongoing support. Established in 1973 by father-and-son team Roy and Bob Titus, this brand began franchising in 1975 and now has close to 1,000 centers worldwide. It has received recognition over the years from many sources, including being ranked the top franchise in its category 27 times by Entrepreneur, including for 2019. The total initial investment for a franchise opportunity with this brand ranges from $100,000 to $150,000 with leased equipment.
