FASTSIGNS
Yes, we actively support the inclusion and development of minority-owned franchises in the FASTSIGNS system.
FASTSIGNS
2542 Highlander Way
Carrollton, TX 75006-2333
800#: (800) 827-7446 + 283
Tel: (214) 346-5616
Fax: (972) 248-8201
E-mail: bill.mcpherson@fastsigns.com
Web Site: www.franchise.fastsigns.com
Contact: Mr. Bill N. McPherson, VP Franchise Development
FASTSIGNS® centers use state-of-the-art computer technology to create custom sign, graphics, banners, trade show exhibits, vehicle graphics and much more. FASTSIGNS® is an acknowledged leader in one of the world's most dynamic franchised industries. Our primary goal is to help our franchisees build successful centers that achieve and maintain high sales volumes and maximum profits year after year. Our average/store sales have increase 14 or the last 15 years to $582,221 in 2005.
Franchisor Background
Established: 1985
First Franchise: 1986
Franchise Units: 503
Company-Owned Units: 0
Total Units: 503
Distribution:
> North America -- Operations in 45 States, 4 Provinces
> States/Provinces with Greatest Density: 52 in TX, 36 in CA, 26 in FL
Units Owned by Minorities:
>African-American: 1
>Hispanic: 6
>Asian-American: 3
>Native American: 0
>Other: 10 Middle East
Average Number of Employees: 3 FT (FT = Full Time, PT = Part Time)
Space Needs: 1,700 SF; SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $75K
Total Investment: $205-297K
Average Total Investment: $240K
Minimum Net Worth: $250K
Fees
>Franchise: $25K
>Average Franchise Fee: $25K
>Royalty: 6%
>Advertising: 2%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 20/10
Passive Ownership: Not Allowed
Area Development Agreements:Yes
Sub-Franchising Contracts: Int
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: Yes
Franchisee Assoc. / Member: Yes
Size Of Corporate Staff: 94
On-Going Support: C,D,E,G,H,I (for an explanation click here)
Training: 2 Weeks in Dallas, TX; 2 Weeks On-Site.
Specific Minority Program(s) in Place: Although we strongly support the objectives of the NMFI, we do not have any specific programs in place at this time that differ for minorities.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
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