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Below is an in-depth analysis and side-by-side comparison of Marad Fine Art vs Fastframe USA including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $42,000 - $69,000 | $105,800 - $150,300 |
Franchise Fee | $35,000 - $60,000 | $25,000 |
Royalty Fee | 4% | 7.5% |
Advertising Fee | - | - |
Year Founded | 1938 | 1986 |
Year Franchised | 2000 | 1987 |
Term Of Agreement | Varies | 10 years |
Term Of Agreement | Varies | 10 years |
Renewal Fee | 50% of fee | 25% of current fee |
Business Experience Requirements |
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Experience | ||
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/Yes |
Start-up Costs | No/No | No/Yes |
Equipment | No/No | No/Yes |
Inventory | No/No | No/Yes |
Receivables | No/No | No/Yes |
Payroll | No/No | No/Yes |
Training & Support |
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Training | - | - |
Support | - | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
Marketing | Co-op advertising, Regional advertising | Co-op advertising, Ad slicks, National media, Regional advertising |
Operations |
Franchise can be run from home. 0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 1 - 2
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
31% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 Absentee ownership of franchise is allowed. (99% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Cannot access /www.maradindia.com
Started in Newcastle, England, the first American Fastframe store opened in Thousand Oaks, California, in 1986. Fastframe began franchising in 1987. Stores offer immediate turnaround using on-site custom framing. They can also locate hard-to-find or out-of-print pieces of art.