10/10

Franchimp Summary Rating

10 /10
Lower than % of peers

Franchise Summary

Description
TapSnap offers franchises for the sale of its digital photo booths, services and products under the TapSnap marks.
Company Background
TapSnap(TM) offers photo booth franchises for the sale of its digital photo booths services and products. TapSnap(TM) is a leading event marketing company, providing high-quality, modern photo booths to create lasting memories at weddings, corporate events, fairs and festivals.
Franchise Opportunity
Weddings, graduations, and other special events are a time to capture memories that will last a lifetime. But getting all your guests in on the fun can be tricky! Traditional photo booths can be a lot of fun, but they're also expensive and require you to have enough space for them. Plus, who has time to print out all those photos after the party's over? TapSnap is the perfect solution for your next event. Our digital photo booth takes up minimal space and lets your guests snap and share their photos instantly online. We'll even print out copies for everyone to take home!
Corporate Structure
TapSnap Ventures, Inc. is a British Columbia corporation that was organized on June 11, 2012. TapSnap Ventures, Inc. does business under the names TapSnap, TapSnap Kiosks, and TapSnap. TapSnap Ventures’ principal place of business address is 140-890 Harbourside Drive, North Vancouver, British Columbia V7P 3T7 Canada. They began offering TapSnap franchises in December 2012.
Investment and Franchisee Fees
The total investment necessary to begin operation of your first TapSnap Franchise ranges from $48,409 to $123,474. This includes $44,019 to $110,504 that must be paid to TapSnap.

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of TapSnap Franchisees

TapSnap Franchise System Development in 2015

FAQ

How much investment do I need to start my own TapSnap business?
Franchisees typically require at least $56,284 to $77,384 investment to get their TapSnap business started
What are the initial franchise fees for TapSnap?
Franchisees typically need to pay at least $17,500 in fees directly to TapSnap in order to earn the right to launch their business
How much money can I make with a TapSnap franchise? What are the average revenues for a typical TapSnap business?
We haven’t done the math on how much revenue a typical TapSnap brings in each year. We estimate that other franchisees in the Event Services industry generate $665,585 revenue, so we would expect TapSnap to generate a similar amount
How long do I need to commit to running a TapSnap unit? What is my contractual commitment?
TapSnap franchisees are typically required to sign up to a 5 year contract initially. The renewal length is 5 years. You can of course exit early but don’t expect to get any refund!

Accessibility

10 /10
The Franchisor's investment costs ranges from $0 to $0 which is Lower than the $0 to $0 average in the Event Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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