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Below is an in-depth analysis and side-by-side comparison of FASTSIGNS vs Signarama including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $218,596 - $298,679 | $106,513 - $308,520 |
Franchise Fee | $49,750 | $49,500 |
Royalty Fee | 6% | 2%-6% |
Advertising Fee | 2% | 1% |
Year Founded | 1985 | 1986 |
Year Franchised | 1986 | 1987 |
Term Of Agreement | 10 years | 35 years |
Term Of Agreement | 10 years | 35 years |
Renewal Fee | - | $1.5K |
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/Yes | No/No |
Start-up Costs | No/Yes | No/Yes |
Equipment | No/Yes | No/Yes |
Inventory | No/Yes | No/Yes |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
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Training | - | No prior experience needed. The SIGNARAMA training system is one of the most extensive training programs in the franchising industry and backed by 25 years of experience in signs, graphics, and banners. You will be a trained expert in sign-making and business operations and business promotion. Your comprehensive SIGNARAMA training program includes the following: *A 2-week introductory training program at SIGNARAMA University located at corporate headquarters in West Palm Beach, FL. Your travel and lodging expenses are included. You will learn all aspects of your sign business, marketing your products, advertising, scheduling and workflow, bookkeeping, pricing orders, and providing great customer service. You will also learn the practice of making signs, product knowledge, hiring and training your staff. *A 1-week on-the-job (OJT) training session at an established SIGNARAMA store to apply your classroom training and gain hands-on experience. *Additional 2 weeks of training in your store with one of our experienced operations advisors. They are there with you side by side with you during the store setup as well as to implement your marketing plan and grand opening. |
Support | 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 | The business landscape is constantly changing. We firmly believe that ongoing support from the franchise is necessary to stay competitive and educated in the industry. We offer ongoing training sessions and regional meetings, franchise owner conventions, and Signarama-specific ongoing online educational opportunities to ensure that our franchisees always have access to a wealth of new information. In addition, franchisees will have access to the following support: - Regional support staff - A highly-effective mentor program - Special achievement recognition - Technical assistance and a toll-free 800 number - Discounts through mass purchasing power - Strategic alliances with vendors and suppliers 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 | Professional broadcast and print advertising materials. * Customized online presence. * Powerful web marketing. * Sales training programs. * Dedicated Marketing Services Manager | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations |
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) |
International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 2 - 4
Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
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.