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Updated RecentlyMagnetsigns Advertising vs Allegra Network Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Magnetsigns Advertising vs Allegra Network including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $24,000 - $80,000 | $30,872 - $373,911 |
| Franchise Fee | $5,000 | $10,000 - $45,000 |
| Royalty Fee | 10% | 1.5%-6% |
| Advertising Fee | - | 1% |
| Year Founded | 1995 | 1976 |
| Year Franchised | 1996 | 1977 |
| Term Of Agreement | 10 years | 20 years |
| Term Of Agreement | 10 years | 20 years |
| Renewal Fee | $3K | - |
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 | -/- |
| Start-up Costs | No/No | -/- |
| Equipment | Yes/No | -/- |
| Inventory | Yes/No | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | - | At Allegra we have an initial two week training for new members. On an ongoing basis we have consultative sales management training , Virtual Sales Manager training programs , as well as, extensive online training on marketing services and sales coaching to our members. On-The-Job Training: 17 hours Classroom Training: 66 hours Additional Training: Virtual and in-person operations, sales and marketing training |
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | - | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| 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) | |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | Yes |
| International Expansion | No | Yes |
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.
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#74 in Canada's Top franchises.
About Allegra Network
Allegra is a graphics communications franchise offering a wide range of services including print, mail, graphic design, web, social media, e-marketing campaigns, display, and related services. The industry as a whole is estimated at $178 billion. This business opportunity is built on the established *$60 Billion printing industry
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#339 in Franchise 500 for 2020.