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Home > Franchises > Pro Image Franchise LC
Pro Image Franchise LC
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.
Pro Image Franchise LC is Licensed sports apparel and accessories. Pro Image began in June of 1985 in Salt Lake City, Utah with the opening of a licensed sports apparel and accessories kiosk. This marked the beginning of a long and wealthy franchise venture. By October 1986, just one year after selling the first Pro Image franchise, the company was recognized by Venture magazine as one of the fastest growing franchise operations in the United States.
In December of 1996 a private investment group consisting of current and past management purchased the Pro Image franchises from Rentrack Corporation. The following year, Pro Image completed the purchase of Prime Sports Fan Fair, a competing franchise based mainly on the East Coast. This purchase solidified the Pro Image chain as the world’s leading sports fan shop, and one of the greatest franchising opportunities in the industry. At present, Pro Image has franchised stores throughout the United States.
Pro Image provides each franchisee with professional services and support to the business that will assure successful launch and sustained operation. Support resources that the Pro Image franchise opportunity includes are marketing and sales support, negotiation support, access to the Pro Image Corporate Service Team, an immediate communications network, instant access to helpful, top name vendors etc.
The costs and fees include total investment of $120000 to $250000 and franchise fee is $25,000 first store, 12,500 each, Opening Inventory Cost $75,000 to $125,000, total estimated opening costs is $137,500 to $244,500. The company’s ranking in Franchise 500 is 328 in 2006, 205 in 2005, and 395 in 2004. Pro Image Goals are increase profitability of existing store owners, sustain an important annual growth and develop new ideas and concepts that help maintain Pro Image as a leader in the licensed sports apparel industry.
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