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Below is an in-depth analysis and side-by-side comparison of Magnetsigns Advertising vs Have Signs Will Travel 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 | $103,500 - $148,500 |
Franchise Fee | $5,000 | $10,000 - $25,000 |
Royalty Fee | 10% | 6% |
Advertising Fee | - | $300/Mo.Max |
Year Founded | 1995 | 1996 |
Year Franchised | 1996 | - |
Term Of Agreement | 10 years | 10 years +10 |
Term Of Agreement | 10 years | 10 years +10 |
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 | - | 4 weeks in Bohemia |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations | Central Data Processing Field Training Initial Store Opening 800 Telephone Hotline |
Marketing | - | - |
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 | - |
Have Signs Will Travel is the ultimate sign franchise. We revolutionized the sign industry by providing our customers with the convenience of On-The-Spot Sign Manufacturing. Have Signs Will Travel is a self contained, state-of-the-art, full service sign store, on wheels. Each of our stores are independently owned and operated, yet offer the consistency, quality and convenience that is expected in the Have Signs Will Travel name. We offer a vast array of signs and services and our ability to design and manufacture signs right at your location, letter a truck at a work site or apply a new name on a boat while it's in the water, makes us #1. Yesterday to Today; In 1996 we designed and built a self contained sign manufacturing truck. Through the years many changes have been made and the newly designed sign truck of today is a state-of-the-art piece of equipment that has no equal.