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FastSigns Int'l. Inc.

2014 Franchise 500
#87
At a Glance

Products & Services: Sign, graphics

Number of Locations: 554

Total Investment: $178.2K - $289.5K

Founded: 1985

Began Franchising: 1986

About FastSigns Int'l. Inc.

In 1985, print broker and catalog developer Gary Salomon visited a computer shop in Austin, Texas. Impressed with how quickly the shop was able to produce vinyl signs, he decided to open a signmaking shop of his own. Salomon and partner Robert Schanbaum convinced the store's owner to train them on the new technology and signmaking techniques. In exchange, they promised not to open a competing business in Austin.

The partners opened their first store in Dallas later that year and began selling franchises in 1986. By 2000, the company had more than 400 stores making banners, architectural letters, vehicle graphics and signs for windows, yards and buildings.

Franchise Units

Year U.S. Canadian International Company Owned
2014 488 26 40 0
2013 473 23 44 0
2012 451 25 62 0
2011 455 24 61 0
2010 449 22 57 0
Where Seeking Franchisees: Franchisor is seeking new units internationally.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $178,207 - $289,498
Franchise Fee: $37,500
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 20 years, renewable
Veteran Incentives: 50% off franchise fee; 50% off first-year royalty & ad fund fees
Financial Requirements
Net Worth: $250,000
Liquid Cash Available: $80,000
Operations
18% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 3 - 5. Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators).
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 3 weeks. At franchisee's location: Up to 2 weeks. Ongoing visits, regional & annual convention, web seminars
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,
Other marketing support: Research & development

Franchise Ranking History

Franchise 500®: #87 (2014), #79 (2013), #107 (2012), #80 (2011), #85 (2010),
Fastest-Growing: #83 (2010),
America's Top Global: #187 (2014), #77 (2013), #89 (2012), #67 (2011), #71 (2010),

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