Inter-State Studio business
Franchise research report · reviewed 2025 disclosure data
Researching Inter-State Studio business franchise opportunities? Every figure below is cited to the FDD.
Inter-State Studio franchises operate school photography and related services businesses. Franchisees serve schools and families through photography products and services under the Inter-State Studio name.
Headline figures
Inter-State Studio business quick facts
- Is Inter-State Studio business a franchise?
- Yes. Inter-State Studio business offers franchises through a Franchise Disclosure Document. At the end of 2024, it reported 18 franchised and 26 company-owned outlets (2025 FDD, Item 20, PDF p. 37).
- How much does it cost to open an Inter-State Studio business franchise?
- The Inter-State Studio business Franchise Disclosure Document reports separate estimated initial investments by format: $23,100–$48,950 for total — standard franchisee: $23,100 to $51,450 (2025 FDD, Item 7, PDF p. 16); $13,100–$48,950 for conversion only (total — conversion franchisee: $13,100 to $48,950) (2025 FDD, Item 7, PDF p. 16). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
- What is the Inter-State Studio business initial franchise fee?
- The disclosed initial franchise fee for a standard single unit is $12,500 (2025 FDD, Item 5, PDF p. 11). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
- Does Inter-State Studio business disclose financial performance (Item 19)?
- Yes. The Inter-State Studio business FDD includes an Item 19 financial performance representation (2025 FDD, Item 19, PDF p. 35). Figures apply only to the locations and period each one covers. Details
- How many Inter-State Studio business locations are there?
- The FDD reports 44 outlets at the end of 2024 (2025 FDD, Item 20, PDF p. 37). Existing locations do not indicate territory availability. Details
- Is Inter-State Studio business a good franchise to buy?
- Franopolis does not rate or recommend franchises. From the reviewed FDD: Item 19 includes financial performance figures; check which locations and period they cover; Item 20 lists outlet openings, closures and transfers; Item 6 includes a brand or advertising fund contribution on top of royalty; Item 20 also lists current and former franchisees you can contact. Review the full FDD with a franchise attorney and accountant before deciding.
From reviewed FDD figures only. Not a recommendation or projection.
What the disclosures show
- 1The 2025 FDD (Item 7) estimates opening costs separately by format: $23,100 – $48,950 (TOTAL — standard franchisee: $23,100 to $51,450); $13,100 – $48,950 (TOTAL — conversion franchisee: $13,100 to $48,950); several initial fee options apply.
- 2Item 19 covers 13 separate groups: other measures and revenue for 1 locations; other measures and revenue for 1 locations; revenue and other measures for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations; other measures and revenue for 1 locations. They are not combined.
- 3Outlets grew by 4 in 2024, to 44 (Systemwide, as labeled in the FDD, Item 20).
From reviewed FDD figures only. Not a recommendation or projection.
Inter-State Studio business head-to-head
Closest peers in the same subcategory, side by side from reviewed FDD figures. Not a ranking or recommendation.
Costs · Items 5–7
What does it cost to open?
Estimated opening costs and the fees payable to the franchisor.
Startup Investment — Item 7
Range across 2 single-unit formats
2025 FDD · Item 7
Formats disclosed in Item 7 (2)
Each format has its own total. The total depends on the format you choose.
- conversion franchisee: $13,100 to $48,950PDF p. 16$13,100 – $48,950
- standard franchisee: $23,100 to $51,450PDF p. 16$23,100 – $48,950
Standard single-unit franchise fee
2025 FDD · Item 5 · PDF p. 11
Discounted and multi-unit options are separate; see all fees.
Ongoing Fees — Item 6
Selected recurring charges; payment bases and conditions remain attached to each fee.
37 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.
Financial Performance — Item 19
What results are disclosed—and for which locations?
13 separate populations, shown apart. Revenue is not owner income.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studio Franchised Business 1, reported as its own row for 2024.
- Period
- Franchised Business 1
- Excluded
- The table reports eighteen franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season. Five began operations in 2024; businesses marked * were open and operating less than twelve months. One starred outlet was a corporate outlet operating for several years and was sold to a franchisee in 2024.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studios Franchised Business 2
- Period
- Franchised Business 2
- Excluded
- The table is limited to franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studios Franchised Business 12
- Period
- Franchised Business 12
- Excluded
- Limited to franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studios Franchised Business 3
- Period
- Franchised Business 3
- Excluded
- The table is limited to franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studios Franchised Business 4
- Period
- Franchised Business 4
- Excluded
- The table is limited to franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studios Franchised Business 5
- Period
- Franchised Business 5
- Excluded
- The table is limited to franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studios Franchised Business 6
- Period
- Franchised Business 6
- Excluded
- The table is limited to franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studios Franchised Business 13
- Period
- Franchised Business 13
- Excluded
- Limited to franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studios Franchised Business 14
- Period
- Franchised Business 14
- Excluded
- Limited to franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studios Franchised Business 15
- Period
- Franchised Business 15
- Excluded
- Limited to franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studios Franchised Business 16
- Period
- Franchised Business 16
- Excluded
- Limited to franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studios Franchised Business 17
- Period
- Franchised Business 17
- Excluded
- Limited to franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
Locations counted: not stated in the reviewed record
Revenue and other measures · 1 locations
- Who is counted
- Inter-State Studios Franchised Business 18
- Period
- Franchised Business 18
- Excluded
- Limited to franchised businesses open and operating as of December 31, 2024 that had experienced at least one full fall/winter school picture season.
- Method
- Historic unaudited figures reported by each Franchised Business; the FDD states gross revenue less commissions paid to accounts and defines lab fees as costs paid to affiliates for printing pictures.
These groups are never combined.
Outlet Changes — Item 20
How has the outlet count changed?
Systemwide, as labeled in the FDD · counts as of December 31, 2024 of each year.
2025 FDD · Item 20 · PDF p. 37
Net +5 outlets, 2022–2024
Year-end counts reported in Item 20. The scale starts at zero; the labels between the dots show each year's change. Openings and closures for 2024 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.
Questions to investigate
Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.
For the franchisor
Which line items in the 2025 Item 7 estimate ($13,100 – $48,950) vary most by market, and why?
Which initial fee option would apply to my situation, and what conditions or discounts affect it?
Which locations are included in the Item 19 figures, and which were excluded?
Reported units went from 40 to 44 in 2024. How many new units opened, closed or changed hands?
Is a territory available in my area, and how is it defined in my agreement?
For current and former owners
How did your actual startup costs and timeline compare with the Item 7 estimate?
How many hours a week do you work in the business, and in what role?
How do your results compare with the Item 19 figures, and what explains the difference?
What support from the franchisor has been most and least useful?
For your advisors
Ask a franchise attorney to review the territory, renewal, transfer and termination terms.
Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.
Sources & vintage history
Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.
Citations (2025 FDD)
- [1]Standard initial franchise fee — Item 5 · PDF p. 11
- [2]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studio Franchised Business 1, reported as its own row for 2024. · PDF p. 35
- [3]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studios Franchised Business 2 · PDF p. 35
- [4]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studios Franchised Business 12 · PDF p. 36
- [5]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studios Franchised Business 3 · PDF p. 35
- [6]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studios Franchised Business 4 · PDF p. 35
- [7]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studios Franchised Business 5 · PDF p. 35
- [8]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studios Franchised Business 6 · PDF p. 35
- [9]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studios Franchised Business 13 · PDF p. 36
- [10]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studios Franchised Business 14 · PDF p. 36
- [11]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studios Franchised Business 15 · PDF p. 36
- [12]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studios Franchised Business 16 · PDF p. 36
- [13]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studios Franchised Business 17 · PDF p. 36
- [14]Item 19 — Locations counted not stated in the reviewed record — Inter-State Studios Franchised Business 18 · PDF p. 36
- [15]Outlet counts — Item 20, Table 1 · PDF p. 37
"PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page.
Territory & operations
These are contract disclosures, not confirmation that any territory is currently available.
Legal & agreement
Franchisor financial statements
| Fiscal year | Measure | Reported value |
|---|---|---|
| 2024 | accounts receivable due from related party | $146,734 |
| 2024 | total assets | $342,401 |
| 2024 | net incomeMore than one value recorded for this year — open the FDD source before comparing | $226,182 |
| 2024 | contract liabilities, beginning of year | $193,597 |
| 2024 | contract liabilities, end of year | $148,836 |
| 2024 | sales from one customer, approximately | $14 |
| 2024 | accrued liability | $103,024 |
| 2024 | total current liabilities | $166,603 |
| 2024 | deferred revenue, other liabilities | $85,257 |
| 2024 | total liabilities | $251,860 |
| 2024 | members’ equityMore than one value recorded for this year — open the FDD source before comparing | $90,541 |
| 2024 | deferred revenue, current | $63,579 |
These figures describe the franchisor company, not individual franchise locations.
SBA-backed loans to franchisees
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Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.
Related research
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At a glance
Business history
Not reviewed
Owner participation
Not reviewed
Territory language
Litigation disclosure
Not reviewed
Bankruptcy disclosure
Not reviewed
Agreement term
Not reviewed
Reader notes on wording
Our automated check found that these summaries may not match the FDD's exact wording. Read the FDD excerpt itself; it is the authoritative text. Core cost, fee, Item 19 and outlet figures are not affected.
Item 12 · PDF p. 29 · 2025 FDD
Our summary: Territory minimum annual attendance quota: 5% increase in third and later full school years
“During your first full School Year and each School Year thereafter, you must attain the following increase in the Annual Attendance from the prior partial or full School Year (the “Minimum Annual Attendance Quota”): Calendar Year Minimum Annual Attendance Quota First Full School Year 1 5% increase Second Full School Year 10% increase Third Full School Year and each Full School Year after that 5% increase”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 12 · PDF p. 29 · 2025 FDD
Our summary: Territory minimum annual attendance quota: 5% increase in first full school year
“During your first full School Year and each School Year thereafter, you must attain the following increase in the Annual Attendance from the prior partial or full School Year (the “Minimum Annual Attendance Quota”): Calendar Year Minimum Annual Attendance Quota First Full School Year 1 5% increase Second Full School Year 10% increase Third Full School Year and each Full School Year after that 5% increase”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 12 · PDF p. 29 · 2025 FDD
Our summary: Territory minimum annual attendance quota: 10% increase in second full school year
“During your first full School Year and each School Year thereafter, you must attain the following increase in the Annual Attendance from the prior partial or full School Year (the “Minimum Annual Attendance Quota”): Calendar Year Minimum Annual Attendance Quota First Full School Year 1 5% increase Second Full School Year 10% increase Third Full School Year and each Full School Year after that 5% increase”
Note: Supplied quote could not be confirmed on the cited PDF page excerpt.
Item 21 · PDF p. 65 · 2025 FDD
Our summary: Related-party administrative, marketing and professional fees — 2023
“Related party fees incurred for administrative services, marketing and professional fees which are classified as operating expenses on the statements of operations for the years ended December 31, 2023 and 2022, respectively, totaled $619,560 and $486,184.”
Note: The cited PDF page did not confirm the exact quoted figure.
Item 21 · PDF p. 65 · 2025 FDD
Our summary: Related-party costs of goods sold — 2023
“Costs of goods sold amounts incurred with the related party for the years ended December 31, 2023 and 2022 totaled $91,611 and $48,575, respectively.”
Note: The cited PDF page did not confirm the exact quoted figure.
Item 21 · PDF p. 65 · 2025 FDD
Our summary: Related-party costs of goods sold — 2022
“Costs of goods sold amounts incurred with the related party for the years ended December 31, 2023 and 2022 totaled $91,611 and $48,575, respectively.”
Note: The cited PDF page did not confirm the exact quoted figure.
Item 21 · PDF p. 65 · 2025 FDD
Our summary: Related-party administrative, marketing and professional fees — 2022
“Related party fees incurred for administrative services, marketing and professional fees which are classified as operating expenses on the statements of operations for the years ended December 31, 2023 and 2022, respectively, totaled $619,560 and $486,184.”
Note: The cited PDF page did not confirm the exact quoted figure.
Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.
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