Instant Imprints Announces International Expansion
Unique Imprinting Franchise Targets Ireland to Develop 50 Stores in 15 Years
(Wednesday, April 05, 2006) -
Instant Imprints, the first franchise concept to embrace every facet of the imprinted promotions market, today announced plans for international expansion with its entry into Ireland. Company plans call for 50 franchises to open over the next 15 years in the Republic of Ireland and the United Kingdom's Northern Ireland area.
The demand for Instant Imprints' services is higher in countries where there is a strong business climate. Ireland and the United Kingdom rank in the top five countries identified by Instant Imprints for having a strong economy, good market potential, and a competitive marketplace. These demographics lend themselves to the convenience, quality, and services that Instant Imprints provides, helping businesses meet their need for promotional products.
"International expansion is a natural progression to the domestic growth we are experiencing at Instant Imprints," said Leo Kats, president and co-founder of Instant Imprints. "Our system has been doubling in size for the past four years and we expect to do so for the next two years in the United States. We are now focusing on expansion and becoming a global brand."
Leading Instant Imprints' expansion plans in Ireland is Martin Quinn. As a master franchisee for ReMax with approximately 70 locations in the region, Quinn is an ideal partner for Instant Imprints. With his background as a financial advisor and his experience in real estate, Quinn has a strong aptitude for growing businesses. He expects to open his first Instant Imprints store within the next three months and is looking to add more stores to the market over the next several years.
"There's a large market in Ireland for the products that Instant Imprints offers," said Quinn. "We expect school and sports teams to be big consumers. The market doesn't have a business model like ours and the small business community is in need of a one-stop shop for promotional items."
Part of Instant Imprints' appeal is its five-in-one' business model. Every store offers screen printing, embroidery, signs and banners, heat transfers, and promotional products. The five profit centers allow franchisees to enter a market and dominate the promotional imprinting needs of that community. The business model for Ireland will remain the same as the United States, except that stores will be located in commercial oriented centers.
Instant Imprints also plans to further its international growth by targeting Canada, Australia, Mexico, United Kingdom, and Italy. The company plans to award two more international master franchises by the end of this year.
"Having strong international master licensees will give us the opportunity to continue to refine and grow our business model," added Kats.
About Instant Imprints
San Diego, Calif.-based Instant Imprints was founded in 1992 by Leo and Lev Kats who led the family imprinting business into a new direction and began franchising in 2002. The company encompasses all aspects of the promotional decorating industry, including screen printing, embroidery, signs and banners, heat transfers, and promotional items. Currently, more than 70 stores are open in 22 states, with an additional 60 planned for 2006. For more information, call (800)542-3437 or visit www.instantimprints.com.
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COMPANY INFORMATION
Instant Imprints
9808 Waples St.
San Diego,
CA
Toll Free: (800)542-3437
Fax: (858)453-6513
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