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Island Ink-Jet Systems Inc.

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A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.    
 
Island Ink-Jet Systems Incorporation originally began operations as a small proprietorship in April 1997, wholesaling ink-jet supplies to small retailers. In the first year of operations, sales were a simple $20,000. In the first week, an additional 30 stores signed on as customers, proving that there was a strong market for ink-jet refill kits.  
 
Island Ink-Jet Systems is the most experienced ink-jet products and services franchise company in North America. Their customer service centers bring reasonable printing products and services to neighborhoods through their local shopping centres and strip malls. They offer individuals and businesses a wide range of aftermarket ink-jet and laser printing products and services.
 
The company provides special service in Inkjet cartridge refilling, replacements and sales service. The costs and fees include total investment of $82800 to $181900, franchise fee is $29000, ongoing royalty fee is 6 percent and Term of agreement is 10 years, renewable. The company’s ranking in Franchise 500 is 401 in 2006, 387 in 2005, 415 in 2004, and 408 in 2003, ranked 1 in category in 2005, in Fastest-Growing Franchises ranked 56 in 2006, 60 in 2005, 67 in 2004, in Top New Ranking ranked 31 in 2005, 37 in 2004, 33 in 2003, in America's Top Global Franchises is 197 in 2005.
 
At Island Ink-Jet Systems Incorporation, their mission is to provide their customers with the highest possible level of service and quality products, through global leadership in ethical business practices, environmental awareness and employee motivation.

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