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Updated RecentlyMagnetsigns Advertising vs FASTSIGNS Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Magnetsigns Advertising vs FASTSIGNS 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 | $218,596 - $298,679 |
| Franchise Fee | $5,000 | $49,750 |
| Royalty Fee | 10% | 6% |
| Advertising Fee | - | 2% |
| Year Founded | 1995 | 1985 |
| Year Franchised | 1996 | 1986 |
| Term Of Agreement | 10 years | 10 years |
| Term Of Agreement | 10 years | 10 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 | No/Yes |
| Start-up Costs | No/No | No/Yes |
| Equipment | Yes/No | No/Yes |
| Inventory | Yes/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, Internet, Field operations/evaluations | As a FASTSIGNS franchisee, you will have our direct and active support from the very beginning including: *Site Selection and Build-Out *Pre-Opening Marketing Blitz to drive traffic *Grand Opening Support and Guidance from an outside sales manager and brand ambassador *Dedicated Business Consultants to assist with business/finances training, marketing and sales, production and staff management *Franchisee Mentor Program to guide you and lend support in every aspect of your business *24-Hour Web-Based Learning Management System that keeps you and your staff up-to-speed and in-the-know in this fast-paced market *Personalized Operational Support such as advanced pricing and cost analysis tools and dedicated business consultants *Business & Financial Management, Product Testing & Ratings, Vendor & Equipment Evaluations and Advanced Technological Expertise *A FASTSIGNS Network featuring an annual convention and vendor show, Franchise Partner message boards, Franchise Advisory Committee and online access to support Training, Technical, Marketing and HR Tools |
| Marketing | - | Professional broadcast and print advertising materials. * Customized online presence. * Powerful web marketing. * Sales training programs. * Dedicated Marketing Services Manager |
| 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) |
15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 - 8
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | No |
| International Expansion | No | Yes |
Company Overviews
About Magnetsigns Advertising
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About FASTSIGNS
More than fast. More than signs.
The brainchild of Gary Salomon and his partner, the late Bob Schanbaum, FASTSIGNS came to realization in 1985 when the duo experimented with the concept of quick turnaround signs and graphics. Ultimately - and, of course, unbeknownst to Bob and Gary at the time - FASTSIGNS would go on to revolutionize the signage industry and helped create an entirely new niche.
By late 1987, the Dallas Metroplex area played host to three company-owned FASTSIGNS centers, and by that time, Gary was committed to growing the brand through franchising. Today, FASTSIGNS is a recognized leader in the sign industry with over 675 franchised units in eight countries - the United States & Puerto Rico, the United Kingdom, Canada, Mexico, Saudi Arabia, United Arab Emirates, Grand Cayman and Australia (operating under the SIGNWAVE brand).
At its core, FASTSIGNS is a company of collaborators, strategists, graphics experts and problem solvers all focused on one thing: raising the visibility of businesses across the country and around the world. By design, this is a goal largely left open to interpretation. There are virtually endless ways to raise visibility for a company, limited only by imagination. This fact alone makes FASTSIGNS a unique franchise opportunity best suited for driven, creative individuals.