One of the key benefits of a Studio 775 franchise, as opposed to other franchise models, is the fact that no physical building or storefront is required; we operate a "virtual" studio, which means a computer is the only essential piece of equipment you'll need to function as a member of the Studio 775 team. We establish a presence for you on our corporate website, and integrate you into the Studio 775 experience. You become a seamless extension of our Windsor, Ct based company.
As you evaluate this opportunity, we will perform due diligence in determining that you are a viable candidate for a franchise operation, and upon review will invite you to our headquarters in Windsor, CT. The goal is to ensure a mutually beneficial partnership between each franchisee and Studio 775.
Following are some key points that may help you evaluate a Studio 775 franchise opportunity:
There are no other fees to becoming a franchisee; Studio 775 provides stationery, business cards, web presence, and all marketing related expenses. You need a computer and internet access.
Royalties paid to franchisee (paid monthly): 20% of creative/design work (of gross total dollars); 10% of photography, color retouching, and print production work (of gross total dollars).
As an example, a franchisee that sells $250,000 of design work and $350,000 of print production would be as follows: 20% of $250,000 design work = $50,000 net to franchisee 10% of $350,000 print production = $35,000 net to franchisee Total net to franchisee: $85,000 Minus one-time franchise fee of $25,000 First year net for franchisee: $60,000
@$1,000,000 aggregate sales (design + production), the franchisee royalties increase to 35% of creative/design work and remain at 15% of print/production.
As an example, a franchisee that sells $500,000 of design work and $500,000 of print production would be as follows: $1,000,000 aggregate sales level 35% of $500,000 design work = $175,000 net to franchisee 15% of $500,000 print production = $75,000 net to franchisee Total net to franchisee: $250,000 Minus one-time franchise fee of $25,000 First year net for franchisee: $225,000
*- These examples and figures are no assurance that you will do as well.
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