Speedpro Imaging Going Gangbusters Despite Economic Downturn
Seven franchises sold in the past month, more to come
SCOTTSDALE, Ariz., Nov. 18 // PRNewswire // -- In the past several weeks, phrases like "unparalleled financial sensitivity," "economic meltdown," "negative growth," and "recession" are common place in the media, at water coolers and across the dinner table. Not so at Speedpro Imaging!
Speedpro Imaging Inc., a wide-format imaging franchise, sold seven franchises across the country since mid-September, amidst the height of the financial crisis. Furthermore, Speedpro is on schedule to close four more franchises this month.
New Speedpro locations include:
- Tucson, Ariz.
- Eden Prairie, Minn.
- St. Paul, Minn.
- Charlotte, N.C.
- Ft. Collins, Colo.
"The past six weeks represent the biggest period of growth Speedpro has ever seen," notes Speedpro CEO Blair Gran. "Despite the softening economy, Speedpro studios have posted record volumes with double digit same store sales increases over 2007."
Speedpro creates high-resolution building and vehicle wraps -- presently a popular solution for marketers looking to position brands and advertise effectively on a budget -- as well as a host of other high quality imaging products like eye-catching trade show booths, banner stands and vivid retail displays.
The current popularity of Speedpro's vehicle and building wrap products and solid franchise business plan have convinced several potential franchisees to leverage their 401(k)s to purchase the franchise.
"Business executives, in particular, contemplating retirement or a second career are looking at franchising with Speedpro as an opportunity to diversify investment, create a reliable revenue stream and take control of their lives," said Gran.
The Franchise Research Institute -- an independent, full-service market research firm specializing in the franchise business sector -- agrees. Franchise Research Institute CEO Jeff Johnson said he is not seeing any other franchise business having this level of success.
"It's really the perfect storm of good, smart business people watching their 401(k)s drop and wanting more control over their lives," notes Johnson. "Matched with a great business opportunity, backed by proven independent research and validation from Speedpro's franchisees', it's the perfect mixture."
Speedpro locations include: Atlanta, Austin, Cincinnati, Dallas, Des Moines, Denver, Houston, Indianapolis, Kansas City, Madison, Minneapolis, San Antonio and Tampa. Franchising and master franchising opportunities are available nationwide. For more information on purchasing a Speedpro franchise, visit http://www.speedpro-info.com, for product information visit, http://www.speedpro.com or call 1-800-775-6355.
Speedpro is a "World-Class(R)," franchisor with a national network of premium, large format imaging centers. All of Speedpro's imaging products are created using the very finest materials, substrates and inks available. Speedpro specializes in taking imagery to a new level, creating "Photo-realistic" prints at up to 1440 dpi means stunning clarity with incredible depth. With more than 23 years of experience in imaging industry, Speedpro knows how to take your image, concept or design straight outdoors for maximum exposure. For more information on Speedpro Imaging Centers visit http://www.speedpro-info.com or call 1-800-775-6355