Minuteman Press International Conversion Program Helps Independent Print Shop Owners Sell a Printing Business to Qualified Buyers
Minuteman Press International, the world’s leading design, marketing, and printing franchise, is leveraging their 45 years of expertise to help independent printers sell a printing business. For qualifying print shop owners who are looking to sell their business, Minuteman Press will help them find a wider pool of qualified buyers and guide them through the sale with no broker fees.
Minuteman Press first opened its doors in 1973 and started franchising in 1975. Their experienced team is uniquely positioned to provide print shop owners with a free valuation of their business. Because Minuteman Press is an industry leader with the ability to find qualified buyers and train them, independent printers can often sell a printing business quicker and easier than doing it alone or through business brokers.
The top-rated brand is experiencing an influx of interest by independent print shop owners seeking to take advantage of the power of Minuteman Press International’s conversion program at a time when more people are looking to buy into a business. The brand’s conversion option provides a win-win solution for the industry.
A recent study supports the idea of an “equally beneficial market to both buyers and sellers,” with buyer confidence increasing and seller confidence remaining steady, according to the BizBuySell Insight Report, a nationally recognized economic indicator that aggregates nationwide business-for-sale transactions provided by participating business brokers.
Minuteman Press’ conversion program offers a competitive advantage to both sellers and buyers/turned franchisees. The franchisor is uniquely positioned to provide sellers with a smooth exit avenue and a wider pool of qualified buyers, who want to be part of a proven brand, backed by 45 years of industry experience.
“This can be tremendously beneficial to the outgoing owner, because we have seen that most independent printers don’t have an exit strategy as they approach retirement age or are simply looking for the best way to sell and enter that next stage of their lives,” notes Jack Panzer, regional vice president of Minuteman Press International in Arizona. “They haven’t thought about how they will find a qualified buyer, what it will cost them to find the buyer and how they will train the buyer. That is where we come in because Minuteman Press International can do all of this for the seller, while also helping the buyer make a smooth transition to business ownership, regardless of their level of experience.”
The Minuteman Press team will market independent print centers, qualify potential prospects, assist in obtaining financing, and provide full training and ongoing support.
“I would recommend Minuteman Press to anyone who might be considering selling their printing business,” says Domenic Tassielli, who sold his independent Digital Print Services store in Kent, Washington to Dawn and Jeff Brown.
For the buyers, the move to acquire and convert the store to the Minuteman Press name made solid business sense. “We chose Minuteman Press International for a few reasons. The first was that their core values aligned with our own,” Dawn Brown says. “Minuteman Press is still a family-owned franchise business, and that appealed to us. It had that small-town feel, but with the resources of an international company. We also liked how, as franchisees, we had a full support system behind us as owners.”
With nearly 1,000 modern printing franchises in the U.S., Australia, Canada, South Africa, and the United Kingdom, the Minuteman Press conversion program ensures that sellers can retire or move on to their next chapter while buyers can join a family of business owners backed by full training and ongoing local support.
“I have 10 Minuteman Press franchises in my region that are the result of independent owners who were looking to sell their printing businesses,” says Ron Rubin, Minuteman Press International’s regional vice president in New England. “That means I’ve been fortunate enough to be able to help 10 independent printers move on to the next phase of their lives and create 10 successful Minuteman Press franchises with qualified buyers. These franchisees are doing well, in part, because they follow our business model and bought an existing business with cash flow and a built-in client base.”
For aspiring entrepreneurs, it’s a great time to be a Minuteman Press International franchisee. The family-owned and operated franchisor is at the forefront of the modern printing industry providing cost-effect marketing solutions in today’s economy.
“At Minuteman Press, our goal is to help our franchisees thrive as business owners by helping them leverage our knowledge (through comprehensive training and ongoing support) as well as our business model, branding, mass purchasing power, software, and research and development capabilities,” says Bob Titus, Minuteman Press International president and chief executive officer.
For information on Minuteman Press International’s conversion program, visit bit.ly/minutemanpressconversions. To learn more about the No. 1 rated franchise opportunity in the printing industry, visit minutemanpressfranchise.com.
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