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Sunbelt of St Louis

Legacy Kwik Kopy Franchise Ready To Pass The Torch In Peoria Heights For Sale

Peoria Heights, Illinois, US
Asking Price:
$100,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$277,615
Cash Flow:
$44,894

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%.
Facilities:
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.
Real Estate Available: No
Real Estate Included: No
Real Estate Description:
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.

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Rent: $3,285.00
Owner worked hours per week: 40
Market Competition: 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.

Property Information

Size in square feet:
1,775

Business Operation

Reasons for selling:

Retirement

Employees:
Full Time: 2
Years established:
41

Franchise Information

Franchise opportunity:

Yes

Other Information

Support & training:

Franchisor provides extensive training and operation resources. The owner is open to a transition period.

Furniture / Fixtures value:
$73,175 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price
Relocatable:
This business can be relocated.