FASTFRAME
Yes, we actively support the inclusion and development of minority-owned franchises in the FASTFRAME system.
FASTFRAME
1200 Lawrence Dr., # 300
Newbury Park, CA 91320-1234
800#: (800) 333-3225
Tel: (805) 498-4463
Fax: (805) 498-8983
E-mail: brenda@fastframe.com
Web Site: www.fastframe.com
Contact: Ms. Brenda Hales, Franchise Development
FASTFRAME is the largest and fastest-growing custom picture framing franchise in the world. With over 300 locations, we maintain our leadership in the industry by recruiting business partners who are both qualified and passionate about our industry. We strive to provide our franchisees with an all-inclusive and uncomplicated process whereby they can easily become a part of this very enjoyable business. FASTFRAME has built its reputation of high quality craftsmanship and customer satisfaction.
Franchisor Background
Established: 1986
First Franchise: 1987
Franchise Units: 315
Company-Owned Units: 1
Total Units: 316
Distribution:
> North America -- Operations in 35 States
> States/Provinces with Greatest Density: 76 in CA, 22 in IL, 22 in TX
Units Owned by Minorities:
>African-American:
>Hispanic:
>Asian-American:
>Native American:
>Other:
Average Number of Employees: 1 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,200-1,500 SF; FS, SF, SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $40-50K
Total Investment: $105-150K
Average Total Investment: $127K
Minimum Net Worth: $150K
Fees
>Franchise: $25K
>Average Franchise Fee: $25K
>Royalty: 7.5%
>Advertising: 3%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: NR
Area Development Agreements:No
Sub-Franchising Contracts: NR
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes/Yes
Size Of Corporate Staff: 23
On-Going Support: A,B,C,D,E,F,G,H,I (for an explanation click here)
Training: 2 Weeks at Newbury Park, CA; 1 Week at On-Site.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not yet have any specific programs in place at this time.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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