![]() ![]() Sir Speedy generally was serving organizations that required 100 to 10,000 copies of a single sheet or simple brochure or pamphlet.įocusing on Small and MidsizedBusinesses in the 1980s It was filling a wide range of needs for graphic printed materials that fell between the office duplicator and the commercial printer. The quick-print industry was then specializing in short-run, one- or two-color printing jobs for customers ranging from a neighborhood church, local law firm, or wholesale distributor to the overflow from a big corporation's in-house print shop. Its earnings that year came to about $138,000, or some 6 percent of KOA's earnings. ![]() Sir Speedy had sales of $2.2 million in 1978, or about 15 percent of the parent company's total. Store owners were at the time averaging gross revenue of about $14,000 per month, of which 25 to 35 percent was profit. Sir Speedy also received 5 percent of gross income from its franchisees, returning royalty rebates once a store reached a certain volume of sales. The Sir Speedy franchise price was $48,000 in October 1978, which included a $10,000 franchise fee, a build-up fee for training, and $27,000 for an equipment package. Franchisees also received help in finding a location and in negotiating and setting up a lease, and two weeks of full-time support by a service representative. It also saw as a selling point its ability to purchase printing supplies, film, inks, and other supplies for the franchisee at volume discount with no markup. It provided a number of support services for its franchised shops, including market research, advertising and promotion, research and development, quality controls, technical services, franchisee training, and long-range planning. ![]() Under its new ownership, Sir Speedy saw as its major strength its concentration on professional management techniques at the store level. At that time there remained more than 235 Sir Speedy Instant Printing Centers, located primarily in major metropolitan markets. (later KOA Holdings, Inc.) acquired a controlling interest in the company in 1977 for $1.3 million. Sir Speedy was still the third-largest franchiser of quick-print stores when Kampgrounds of America, Inc. In October 1974 Sir Speedy filed papers in federal bankruptcy court, going into Chapter 11 receivership. As a consequence, however, of the recession of the early 1970s, business dropped off, and the company found itself unable to meet lease payments. In 1972 it had net income of $277,000 on revenues of $4.5 million.īy late 1974 Sir Speedy was the nation's largest instant-printing franchise chain, with 350 outlets, many of them in southern California. The company lost $190,000 on revenues of $765,000 in 1970 and lost $75,000 on revenues of more than $1 million in 1971. It leased facilities in Newport Beach, California, licensing quick-print shops under the name Sir Speedy Instant Printing Centers. Sir Speedy was founded in 1968 by James A. These centers were located throughout the United States and in 16 foreign countries, including Canada, Brazil, Mexico, Taiwan, Saudi Arabia, and elsewhere. In 1995, the Sir Speedy network comprised more than 800 centers operating under the Sir Speedy name and over 40 centers under the Copies Now name. is one of the world's largest franchisors of printing, copying, and digital-network centers. ![]()
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