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Below is an in-depth analysis and side-by-side comparison of Magnetsigns Advertising vs Signs By Tomorrow 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 | $90,799 - $317,047 |
Franchise Fee | $5,000 | $20,000 |
Royalty Fee | 10% | 6% |
Advertising Fee | - | 1% |
Year Founded | 1995 | 1986 |
Year Franchised | 1996 | 1987 |
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 | - | - |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | - |
Marketing | - | Co-op advertising, 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) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | No | No |
Founded by Joseph McGuinness in 1986, Signs By Tomorrow provides customers with a variety of printing and sign-making services. Each location can create special event banners, graphics and signs; full color graphics; architectural signage; real estate signage; and vehicle signage, usually in one day.