Magnetsigns Advertising vs Lazerquick Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Magnetsigns Advertising vs Lazerquick including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Magnetsigns Advertising Franchise
Lazerquick Franchise
Investment $24,000 - $80,000$172,500 - $275,000
Franchise Fee $5,000$25,000
Royalty Fee 10%to 5%
Advertising Fee --
Year Founded 19951968
Year Franchised 19961990
Term Of Agreement 10 years7 years
Term Of Agreement 10 years7 years
Renewal Fee $3K-


Business Experience Requirements
 
Magnetsigns Advertising Franchise
Lazerquick Franchise
Experience
  • General business experience

  • General business experience
  • Marketing skills
  • Retail and/or production experience helpful
    		•

    Financing Options
     
    Magnetsigns Advertising Franchise
    Lazerquick Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment Yes/NoNo/Yes
    Inventory Yes/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    Magnetsigns Advertising Franchise
    Lazerquick Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluationsNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing -Ad slicks
    Operations Franchise can be run from home.

    Number of employees needed to run franchised unit: 1 - 2

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    		 International franchisees required to buy multiple units/master licenses; 20% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators)

    Expansion Plans
     
    Magnetsigns Advertising Franchise
    Lazerquick Franchise
    US Expansion -Yes
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Magnetsigns Advertising

    Magnetsigns Advertising Inc. was founded in Ontario, Canada in August 1995. Franchising began in early 1996 and since then, the Magnetsigns franchise system has rapidly grown to over 90 franchises with 10 more coming on board in the very near future. Visit the franchising pages of this website to see the training, support and services that we offer our franchisees. Magnetsigns portable and permanent sign products provide powerful roadside advertising. The fluorescent magnetic letters and graphics are easily changed to suit the advertisers' needs. Our local Magnetsigns franchisees offer a complete sign rental service to their local customers.

    "Top

    #74 in Canada's Top franchises.

    About Lazerquick

    Three partners opened a copy center in 1968, changing their name from PrintRight to Lazerquick in 1990 to reflect the emergence of technology in the company and the industry.

    Today, Lazerquick franchisees offer services ranging from copying and offset printing to digital printing, compact disk imaging, computer rentals and self-service desktop publishing.

    Together with its affiliate, Transamerica Printing Systems, LLC, Lazerquick boasts more than 70 company-owned and franchised stores.