|
Below is an in-depth analysis and side-by-side comparison of Signs Now vs Minuteman Press including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $90,799 - $317,047 | $74,904,180,053 |
Franchise Fee | $20,000 | $32,500 - $47,500 |
Royalty Fee | 6% Sliding Scale | to6% |
Advertising Fee | 2% with cap | - |
Year Founded | 1983 | 1973 |
Year Franchised | 1986 | 1975 |
Term Of Agreement | 20 years | 35 years |
Term Of Agreement | 20 years | 35 years |
Renewal Fee | Percentage of current fee | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/- | No/No |
Start-up Costs | -/- | No/Yes |
Equipment | -/- | No/Yes |
Inventory | -/- | No/No |
Receivables | -/- | No/No |
Payroll | -/- | No/No |
Training & Support |
||
Training | - | On-The-Job Training: 40+ hours Classroom Training: 80 hours Additional Training: Ongoing support |
Support | - | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
Marketing | Ad slicks | Ad slicks, Regional advertising |
Operations | - |
1% of all franchisees own more than one unit Number of employees needed to run franchised unit: 3 98% of current franchisees are owner/operators |
Expansion Plans |
||
US Expansion | No | - |
Canada Expansion | No | No |
International Expansion | No | Yes |
Signs Now is an industry pioneer and leader in professional graphics solutions, providing high-quality signage and graphics products for a diverse clientele. We will provide you with the best indoor and outdoor signage and digital imaging solutions to help you stand apart from the competition.