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Below is an in-depth analysis and side-by-side comparison of Fastframe USA vs Memento Frames including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $105,800 - $150,300 | $84,000 - And Up |
Franchise Fee | $25,000 | N/A |
Royalty Fee | 7.5% | - |
Advertising Fee | - | - |
Year Founded | 1986 | 2011 |
Year Franchised | 1987 | 2011 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal 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/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/Yes | -/- |
Payroll | 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, Ad slicks, National media, Regional advertising | - |
Operations |
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 | - |
International Expansion | No | Yes |
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.
AN EXTRAORDINARY OPPORTUNITY TO CREATE A BUSINESS IN YOUR COUNTRY OF TRUE SUBSTANCE AND LONGEVITY! FIRST YEAR SALES POTENTIAL SHOULD BE IN EXCESS OF £500,000. Welcome to the world of Memento Frames. A business that boasts repeat order potential in every business sector and every private sector everywhere. As there are celebratory occasions every day of every year, this is a market sector that is not seasonal and never goes out of fashion. ABOUT US : Memento Frames is a web based business working in real time software, that will show the customer how his or her photo frame will look when it is engraved. The company engraves and personalizes the customers message directly onto the glass photo frames. From its highly specialized and sophisticated web site, you can up-load your photo and type out your desired text in almost any language. This text is then engraved at the foot of the chosen frame. To fully grasp the extent of the market potential, in just one sector alone the potential market in the UK is worth £18 million....and this business sector is available in all countries. Memories are made of this. Precious moments are what certain photographs are to all of us, because they hold and unlock memories that we want to stay in our heart forever. They may bring a smile to a loved one's face, or a tear of sorrow or nostalgia; either way, we wouldn't want to be without these special and unique personalized memories. Memento Frames was born out of this simple fact, and are now dedicated to giving its customers a special gift experience that will be treasured by every recipient. Each Memento Frame can now be made individually to order, by engraving a very personalized message (with dates if required in practically any language) There are few, if any, businesses that can boast that practically every market sector is in fact another business on its own, but with Memento Frames this is the case: The wedding market The birthday market The funeral market The sports market The University market The awards market The Schools market The florist market All celebration markets All gifts market All businesses market This is only a sample, and as you can see, the potential markets are only limited by the boundaries of your own imagination, and because every recipient is so thrilled with their gift, the recommendation, referral and repeat business potential is guaranteed. An exclusive country distributorship with Memento Frames offers you a business opportunity like no other. What could be better than waking up to a business where every day you are selling happiness to every customer and recipient and at the same time receiving huge financial rewards....And knowing the company is behind you every step of the way with: Comprehensive training in the UK Continual back up and support Enough initial stock to recoup your full investment. All specialized equipment included in your investment package sent direct to your home address. Fully transferable technology No experience needed. SUMMARY. Although every business minded person has their own need level, comfort zone and/or ambition level, the beauty of a business with Memento Frames is that you have such an expanse of market to direct your efforts, that it is fair to say that any level of income can be achieved... And remember, by its very nature, this is a business that continually multiplies on its own momentum. We invite you therefore to look further into this opportunity. I think you will find that the more information you gather, the more captivated you will be. There are so many more exciting and groundbreaking benefits to this business, which will all be revealed to you when you get back in touch for more information here http://www.thefranchisemall.com/requests/default.asp?id=14286