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START-UP FRANCHISE

INITIAL FRANCHISE FEE

A Start-Up Franchise is someone that does not currently operate a portrait or photography business and has little to no prior experience in the industry. 

The initial franchise fee for a single start-up Inter-State business is $12,500.
The Start-Up Initial Franchise Fee is paid to us when you sign the Franchise Agreement and is not refundable under any circumstances.

ADDITIONAL EXPENSES

In addition to the initial franchise fee, there will be various expenditures you will be responsible for as an initial investment.

TOTAL ESTIMATED INITIAL INVESTMENT

$23,100 to $48,950

 

CONVERSION FRANCHISE

INITIAL FRANCHISE FEE

If you have an existing portrait or photography business that is similar to the Inter-State Studio business, and you agree to merge that business into the Inter-State Studio franchised business, then we will discount the Initial Franchise Fee based on the annual gross revenue for your existing business in your last full fiscal year as shown below.

ADDITIONAL EXPENSES

In addition to the initial franchise fee, there will be various expenditures you will be responsible for as an initial investment.

TOTAL ESTIMATED INITIAL INVESTMENT

$13,100 to $46,450

 

HYBRID FRANCHISE

INITIAL FRANCHISE FEE

If you have experience in the school portrait or photography industry and with our System, but do not currently own and operate your own existing portrait or photography business, and you agree to accept existing Inter-State publishing accounts that we make available to you, then your initial franchise fee will be $500 per Assigned Account*. The Hybrid Initial Franchise Fee is paid to us when you sign the Franchise Agreement and is not refundable under any circumstances.

For example, if we offer, and the hybrid franchisee accepts, 30 Assigned Accounts at the time of signing the Franchise Agreement, then the Hybrid Initial Franchise Fee shall be equal to $15,000 (30 x $500 = $15,000)

*We reserve the right to modify this fee so that it is based upon a formula taking various characteristics into account rather than a flat fee.

ADDITIONAL EXPENSES

In addition to the initial franchise fee, there will be various expenditures you will be responsible for as an initial investment.

TOTAL ESTIMATED INITIAL INVESTMENT

$17,600 to $53,450*

 

*The low estimate in the above chart reflects a Hybrid Initial Franchise Fee based upon 20 Assigned Accounts, and the high estimate reflects a Hybrid Initial Franchise Fee based upon 40 Assigned Accounts.

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