Allegra Franchise
To buy a franchise with Allegra, you'll need to have at least $200000 in liquid capital and a minimum net worth of $400000. Allegra charges a franchise fee of $25000. They also offer a discount for veterans.
Franchisor Details
Total Units: 300
Year Founded: 1976
Franchising Since: 1977
Home Office: Plymouth , Michigan
Training: Available
Locations Available: See Below*
Franchise Costs
Liquid Capital Required: $200,000
Net Worth Required: $400,000
Total Investment: $150,000 – $2,000,000
Franchise Fee: $25,000
Royalty Type: Sliding scale of 6%-1.5% of gross receipts
Vetern Discount: Yes
*Allegra is currently accepting inquiries from the following states: Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District Of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Values & History
Founded in 1976, Allegra offers franchise investors a scalable business model that will empower them to positively impact their communities through the power of print marketing techniques. Helping local businesses reach and exceed their sales targets to improve the local economy is Allegra's mission, and that dedication toward the success of our clients extends to our franchise owners. Now with nearly 300 locations operating across North America, Allegra continues to expand and strengthen its substantial network from its home office, located in Plymouth, MI.
Industry Performance
As the third-largest manufacturing industry in the US, the printing sector employs nearly half a million people and contributes to more than $120 billion in sales across the board. While the general industry continues to grow fairly modestly, digital printing services are rising at between 25%-35% per year with direct mail and full-color printing growing at around 8% annually.
Training & Support
We offer all new franchisees a thorough a two-week initial training and onboarding process that covers the specifics of operation under Allegra's best practices, as well as sales management training and an extensive virtual sales management program. Sales coaches are also provided to all our members to aid in the growth and continued success of your franchise.
Ideal Candidate & Qualifications
Allegra franchise owners possess amazing "people skills," they are outgoing and energetic, and they're able to influence others with clear and honest communication. Franchise owners will be managing their staff, working with clients, making sales calls, and networking for potential clients, so the ability to be convincing, confident, and helpful to others is essential. Other ideal qualities include strong organizational skills, a thorough understanding of finance and marketing, and a genuine desire to help others grow their business.
Purchasing a Allegra Franchise
Candidates for ownership will need a minimum net worth of $400k and access to between $50k and $100k in liquid funds. Veterans who qualify are offered a 25% discount off franchise fees, and third-party financing options are available. Royalties will total 6% of gross sales, decreasing each year to as low as 1.5%. Allegra collects an additional 1% to subsidize a vast marketing program that benefits the entire network of franchise owners, with marketing fees capped at specific sales volume levels each year.
Allegra is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.
Allegra is a FranNet Verified Brand
FranNet Verified Brands are reviewed by FranNet to ensure legitimacy and industry required documentation.