Motophoto

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Motophoto
Type
Founded Early 1980's
Headquarters Oklahoma City, Oklahoma, USAFlag of the United StatesDayton, Ohio
No. of locations 215+
Key people Harry D. Loyle, CEO; Joseph M. O’Hara; Ron A. Mohney
Revenue $4.6 Million (est.)[1]
Employees 52[2]
Website www.motophoto.com

Moto Photo is a franchising company based in Dayton, Ohio with well over 200 locations in several different states and Canada. Once focused on photo developing, now turning towards portraits and digital cameras.

Contents

[edit] History

MotoPhoto began in Oklahoma City in the early 1980’s. In 1983 the headquarters for the 16-store chain was moved to Dayton, Ohio and has grown today to over 215 MotoPhoto stores servicing customers in both the U.S. and Canada.

Originally a one hour film processing solution, the company has evolved into a full service imaging provider offering one hour digital or film processing, unique merchandise, and portrait studios.

In February of 2003, MOTO Franchise Corporation (MFC) purchased substantially all the assets of the former franchisor, Moto Photo, Inc. The new company’s shareholders are rich with experience in the imaging industry. [3]

[edit] Shareholders

The majority shareholder and MFC’s CEO, Harry Loyle, has over 20 years of combined experience within the imaging industry. Harry has a long tenure in the MotoPhoto system, serving as a Moto Photo, Inc. Board Member, the system’s largest Area Developer, and a MotoPhoto franchisee. Prior to becoming a MotoPhoto franchisee, Harry was the owner/operator of a large camera store in Northfield, New Jersey.

The remainder of the shareholders have over 80 years of combined experience in the photo imaging industry and all currently serve as Area Developers in the MotoPhoto system.

All MFC shareholders, who are also advisory council members, have spent time behind the retail specialty counter, serving customers. In addition, they have all had experience in the franchise industry, calling on and assisting franchisees to better run their businesses and service the retail consumer.

This industry experience and specialty retail knowledge are enabling the new CEO and his management team to develop better ways of serving both the franchisees and their customers. [4]

[edit] References

  1. ^ Hoover's Article on MotoPhoto
  2. ^ Hoover's Article on MotoPhoto
  3. ^ Moto Photo Website Excerpt from Moto Photo's website]
  4. ^ Moto Photo Website Excerpt from Moto Photo's website]

[edit] External links