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PortraitEFX

PortraitEFX provides portrait services for Schools, Families, Church Directories, Day Cares, Sports Leagues, and Dance and Martial Arts Schools. The business brings their studio to the customer?s location enabling them easier means to getting their pictures taken. Product offerings include frames, free upgrades to metallic photo paper, artist/linen/fine art canvases, fiber watercolor paper, stretch frames, and gallery wraps. PortraitEFX aggressively franchises to expand its geographic market and to tap into uncatered customers searching for their photographic needs.

Facts & figures
Liquid capital required
$12,000
Net worth required
$40,000
Investment
$17,000 - $30,000
Franchise fee
$16,750
Units in operation
65

The capital required to open a unit is $12,000. You need to have a total net worth of $40,000 if you want to become an owner. The minimum you would expect to invest in a PortraitEFX location is $17,000. $30,000 is the maximum that someone opening a location should expect to invest. New franchisees pay PortraitEFX a franchise fee of $16,750. In total, there are 65 units of this franchise open today.

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