Leading Marketing and Print Franchise Signs 41 Franchise Agreements in Fiscal Year 2013
AlphaGraphics, Inc announced today that during its fiscal year 2013 ending June 30, 2013, it signed an unprecedented 41 franchise agreements. This unit growth is more than double its fiscal year 2012 signings. AlphaGraphics attributes these strong results to the successful implementation of its business strategy to evolve from a printer to a trusted, marketing communications franchise serving small businesses.
“Our AlphaGraphics franchisees are reaping the rewards of providing small businesses not only printing services, but strategic marketing solutions,” said Art Coley, president of AlphaGraphics.
“This success is attracting entrepreneurs across the country to join AlphaGraphics and several of our existing franchisees to expand their territories. Both signs of a healthy business opportunity.”
Of the 41 signings across twenty-one states, 16 were new AlphaGraphics centers in Texas, California, Georgia, Florida, Tennessee, Ohio, New York, Indiana, and Utah. Additionally, four new franchisees chose to convert their independent printing centers into an AlphaGraphics franchise and 13 were transfers and resales. Lastly, as part of its recently launched multi-unit business opportunity, nine agreements were for AG Studios; an enterprise-level investment that allows franchisees to purchase one AlphaGraphics production center and build out an additional one or two satellite centers in surrounding territories.
“This growth has been fueled by our new multi-unit development opportunities and successful ramp-in franchisee process, which allows franchisees to build up their client base before investing in equipment and real estate,” said Dave Buzza, chief development officer of AlphaGraphics.
“As a company, we are committed to helping our franchisees succeed by providing them with the most in-depth tools and support to ensure they are able to launch their business strong in each of their markets.”
AlphaGraphics was founded in Tucson, Ariz., in 1970. In 1979 the company began franchising its unique business model, which offers a comprehensive suite of marketing and print solutions for B2B customers. Today, there are nearly 300 franchises across 30 states.